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FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 401k Plan overview

Plan NameFEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN
Plan identification number 514

FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance

401k Sponsoring company profile

FEDERAL EXPRESS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:FEDERAL EXPRESS CORPORATION
Employer identification number (EIN):710427007
NAIC Classification:481000
NAIC Description: Air Transportation

Additional information about FEDERAL EXPRESS CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date: 1971-06-24
Company Identification Number: 0773143
Legal Registered Office Address: 1209 Orange St

Wilmington
United States of America (USA)
19801

More information about FEDERAL EXPRESS CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5142022-01-01
5142021-01-01
5142020-01-01
5142019-01-01
5142012-06-01HUGH A. SKINNER
5142011-06-01HUGH A. SKINNER
5142009-06-01HUGH A. SKINNER

Plan Statistics for FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN

401k plan membership statisitcs for FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN

Measure Date Value
2022: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013,578
Total number of active participants reported on line 7a of the Form 55002022-01-013,775
Number of retired or separated participants receiving benefits2022-01-0120
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-013,795
2021: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-013,369
Total number of active participants reported on line 7a of the Form 55002021-01-013,563
Number of retired or separated participants receiving benefits2021-01-0121
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-013,584
2020: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013,320
Total number of active participants reported on line 7a of the Form 55002020-01-013,363
Number of retired or separated participants receiving benefits2020-01-0121
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-013,384
2019: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-016,833
Total number of active participants reported on line 7a of the Form 55002019-01-017,190
Number of retired or separated participants receiving benefits2019-01-0134
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-017,224
2012: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2012 401k membership
Total participants, beginning-of-year2012-06-01119,051
Total number of active participants reported on line 7a of the Form 55002012-06-01115,262
Number of retired or separated participants receiving benefits2012-06-01650
Number of other retired or separated participants entitled to future benefits2012-06-010
Total of all active and inactive participants2012-06-01115,912
2011: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2011 401k membership
Total participants, beginning-of-year2011-06-01121,966
Total number of active participants reported on line 7a of the Form 55002011-06-01118,489
Number of retired or separated participants receiving benefits2011-06-01562
Number of other retired or separated participants entitled to future benefits2011-06-010
Total of all active and inactive participants2011-06-01119,051
2009: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2009 401k membership
Total participants, beginning-of-year2009-06-01125,574
Total number of active participants reported on line 7a of the Form 55002009-06-01124,537
Number of retired or separated participants receiving benefits2009-06-01414
Number of other retired or separated participants entitled to future benefits2009-06-010
Total of all active and inactive participants2009-06-01124,951

Form 5500 Responses for FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN

2022: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes
2020: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01First time form 5500 has been submittedYes
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes
2012: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2012 form 5500 responses
2012-06-01Type of plan entitySingle employer plan
2012-06-01Submission has been amendedNo
2012-06-01This submission is the final filingNo
2012-06-01This return/report is a short plan year return/report (less than 12 months)No
2012-06-01Plan is a collectively bargained planYes
2012-06-01Plan funding arrangement – InsuranceYes
2012-06-01Plan benefit arrangement – InsuranceYes
2011: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2011 form 5500 responses
2011-06-01Type of plan entitySingle employer plan
2011-06-01Submission has been amendedNo
2011-06-01This submission is the final filingNo
2011-06-01This return/report is a short plan year return/report (less than 12 months)No
2011-06-01Plan is a collectively bargained planYes
2011-06-01Plan funding arrangement – InsuranceYes
2011-06-01Plan benefit arrangement – InsuranceYes
2009: FEDERAL EXPRESS CORPORATION OPTIONAL LIFE INSURANCE PLAN 2009 form 5500 responses
2009-06-01Type of plan entitySingle employer plan
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planYes
2009-06-01Plan funding arrangement – InsuranceYes
2009-06-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

SECURIAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93742 )
Policy contract number70281-G
Policy instance 1
Insurance contract or identification number70281-G
Number of Individuals Covered8257
Insurance policy start date2022-01-01
Insurance policy end date2022-12-21
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $113,114
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $5,055,307
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees113114
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMMISSIONS
Insurance broker organization code?3
SECURIAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93742 )
Policy contract number70281-G
Policy instance 1
Insurance contract or identification number70281-G
Number of Individuals Covered7743
Insurance policy start date2021-01-01
Insurance policy end date2021-12-21
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $105,889
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $4,741,970
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees105889
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMMISSIONS
Insurance broker organization code?3
SECURIAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93742 )
Policy contract number70281-G
Policy instance 1
Insurance contract or identification number70281-G
Number of Individuals Covered7288
Insurance policy start date2020-01-01
Insurance policy end date2020-12-21
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $109,308
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $4,463,407
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees109308
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMMISSIONS
Insurance broker organization code?3
SECURIAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93742 )
Policy contract number70281-G
Policy instance 1
Insurance contract or identification number70281-G
Number of Individuals Covered7224
Insurance policy start date2019-01-01
Insurance policy end date2019-12-21
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $87,601
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $4,290,166
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees87601
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMMISSIONS
Insurance broker organization code?3

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