Texas County & District Retirement System (TCDRS) vs FedEx Corporation Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Texas County & District Retirement System (TCDRS) (A) and FedEx Corporation Employees Pension Plan (A) are close on the LakeQuality rubric. Funding ratios sit at 86% and 101% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Texas County & District Retirement System (TCDRS) at 81/100 (A). Funding ratios differ by 15.1 percentage points (101.3% vs 86.2%). FedEx Corporation Employees Pension Plan covers 223,371 participants.
| Metric | Texas County & District Retirement System (TCDRS) | FedEx Corporation Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 81/100 (A) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 86.2% | 101.3%* |
| Total Assets | $39.5B | $26.6B |
| Total Liabilities | $45.8B | $26.2B* |
| Unfunded Liability | $6.3B | $0* |
| Participants | 385,000 | 223,371 |
| 1-Year Investment Return | 6.6%* | 6.3% |
| Plan Type | public | corporate |
| PBGC Risk Level | low | low |
| Sponsor | Texas Counties | FedEx Corporation |
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Texas County & District Retirement System (TCDRS) at 81/100 (A). Funding ratios differ by 15.1 percentage points (101.3% vs 86.2%). FedEx Corporation Employees Pension Plan covers 223,371 participants.