Operating Engineers Local 324 Pension Fund vs FedEx Corporation Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to FedEx Corporation Employees Pension Plan at 100/100 (A). Funding ratios differ by 3.9 percentage points (105.1% vs 101.3%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.
| Metric | Operating Engineers Local 324 Pension Fund | FedEx Corporation Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 100/100 (A) | 100/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 105.1%* | 101.3% |
| Total Assets | $24.8B | $26.6B |
| Total Liabilities | $23.6B* | $26.2B |
| Unfunded Liability | $0 | $0 |
| Participants | 230,039 | 223,371 |
| 1-Year Investment Return | 5.7% | 6.3%* |
| Plan Type | multiemployer | corporate |
| PBGC Risk Level | low | low |
| Sponsor | IUOE Local 324 | FedEx Corporation |
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to FedEx Corporation Employees Pension Plan at 100/100 (A). Funding ratios differ by 3.9 percentage points (105.1% vs 101.3%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.