Washington State Department of Retirement Systems vs FedEx Corporation Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Washington State Department of Retirement Systems (A) and FedEx Corporation Employees Pension Plan (A) are close on the LakeQuality rubric. Funding ratios sit at 88% 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 Washington State Department of Retirement Systems at 82/100 (A). Funding ratios differ by 13.5 percentage points (101.3% vs 87.8%). FedEx Corporation Employees Pension Plan covers 223,371 participants.
| Metric | Washington State Department of Retirement Systems | FedEx Corporation Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 87.8% | 101.3%* |
| Total Assets | $108.0B | $26.6B |
| Total Liabilities | $123.0B | $26.2B* |
| Unfunded Liability | $15.0B | $0* |
| Participants | 528,000 | 223,371 |
| 1-Year Investment Return | 6.7%* | 6.3% |
| Plan Type | public | corporate |
| PBGC Risk Level | low | low |
| Sponsor | State of Washington | FedEx Corporation |
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Washington State Department of Retirement Systems at 82/100 (A). Funding ratios differ by 13.5 percentage points (101.3% vs 87.8%). FedEx Corporation Employees Pension Plan covers 223,371 participants.