Tennessee Consolidated Retirement System (TCRS) 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 Tennessee Consolidated Retirement System (TCRS) at 83/100 (A). Funding ratios differ by 9.2 percentage points (101.3% vs 92.1%). FedEx Corporation Employees Pension Plan covers 223,371 participants.
| Metric | Tennessee Consolidated Retirement System (TCRS) | FedEx Corporation Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 83/100 (A) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 92.1% | 101.3%* |
| Total Assets | $57.0B | $26.6B |
| Total Liabilities | $61.9B | $26.2B* |
| Unfunded Liability | $4.9B | $0* |
| Participants | 378,000 | 223,371 |
| 1-Year Investment Return | 6.8%* | 6.3% |
| Plan Type | public | corporate |
| PBGC Risk Level | low | low |
| Sponsor | State of Tennessee | FedEx Corporation |
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Tennessee Consolidated Retirement System (TCRS) at 83/100 (A). Funding ratios differ by 9.2 percentage points (101.3% vs 92.1%). FedEx Corporation Employees Pension Plan covers 223,371 participants.