Employees Retirement System of Texas (ERS) vs FedEx Corporation Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 31.2 percentage points (101.3% vs 70.1%). FedEx Corporation Employees Pension Plan covers 223,371 participants.
| Metric | Employees Retirement System of Texas (ERS) | FedEx Corporation Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 66/100 (B) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 70.1% | 101.3%* |
| Total Assets | $31.5B | $26.6B |
| Total Liabilities | $44.9B | $26.2B* |
| Unfunded Liability | $13.4B | $0* |
| Participants | 327,000 | 223,371 |
| 1-Year Investment Return | 5.5% | 6.3%* |
| Plan Type | public | corporate |
| PBGC Risk Level | moderate | low |
| Sponsor | State of Texas | FedEx Corporation |
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 31.2 percentage points (101.3% vs 70.1%). FedEx Corporation Employees Pension Plan covers 223,371 participants.