Federal Express Corporation

Collierville, TN Transportation & logisticsNAICS 481000

Self-funded health planPlan year 2025Renews January
47,845Participants-3% vs. prior year
$113.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 15Transportation & logistics in TNBy participants

Overview

Federal Express Corporation sponsors a self-funded health plan that covered 47,845 participants in plan year 2025, down 3% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
47,845 · prior year 49,246
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
FedEx Corporation Health Care Flexible Spending Account Plan, plan 526 (47,845 participants); Federal Express Corporation Health Care Flexible Spending Account Plan for Pilots, plan 524 (1,327 participants); Federal Express Corporation Health Reimbursement Arrangement for Retired Pilots, plan 525 (960 participants)
Broker compensation
$365K across insured contracts
MedicalLife insuranceDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Securian Life Insurance CompanyLife7,623$11.9M$268K
Metropolitan Life Insurance CompanyLong Term Care4,757$4.2M$97K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$113.4M/ year

Estimated prescription spend: 47,845 participants × $2,371 national average per member. Usually higher once dependents are counted.

$2.9M–$7.3M/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$862K–$2.2M
Lower-cost therapeutic alternatives$1.3M–$2.6M
Generic pricing vs. actual cost$545K–$1.6M
PBM contract terms$284K–$851K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Federal Express Corporation
Sponsor EIN
71-0427007
Plan numbers
526, 524, 525
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0427007 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Federal Express Corporation Pilots Retirement Savings Plan
Type
401(k) plan
Participants
6,243

About this data

Source: Federal Express Corporation's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Federal Express Corporation.

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