FedEx 401K Unofficial Information Page

2005 Activity

Name
Fund
#
Wellington
21
Windsor
22
500 Index
40
Int'l Value
46
PRIMECAP
59
Extended Mkt Index
98
Total Int'l Stock Index
113
Total Bond Market Index
222
Comments
12/31 $30.19 $18.07 $111.64 $30.93 $62.30 $31.36 $12.60 $10.27 New Year
1/18 $29.82 $17.76 $110.23 $30.27 $60.77 $30.46 $12.26 $10.28 1/15 Contributions
1/28 $29.65 $17.42 $107.99 $30.28 $58.78 $29.91 $12.29 $10.30 Pilot's Sick Bank
1/31 $29.81 $17.55 $108.90 $30.58 $59.49 $30.31 $12.39 $10.30 1/31 Contributions
" " Interest
2/4 $30.29 $17.85 $110.96 $30.90 $60.76 $30.93 $12.50 $10.33 $500 Company Match
2/18 $30.35 $17.90 $110.94 $51.72 $61.43 $30.79 $12.79 $10.25
2/22 $30.12 $17.71 $109.33 $31.83 $60.81 $30.29 $12.86 $10.24 2/15 Contributions
2/28 $30.50 $18.01 $111.18 $32.23 $60.81 $30.87 $12.97 $10.20 2/28 Contributions
3/4 $30.90 $18.32 $112.93 $32.62 $61.56 $31.31 $13.12 $10.22 B-Plan Contributions*
3/22 $29.95 $17.60 $108.34 $31.39 $59.73 $30.39 $12.67 $10.07 3/15 Contributions
3/23 $29.68 $107.99 Distributions
3/31 $29.83 $17.71 $108.79 $31.20 $59.85 $30.32 $12.59 $10.11 Interest/Dividend
4/4 $29.80 $17.62 $108.38 $30.97 $59.41 $30.25 $12.49 $10.12 3/31 Contributions
4/6 $29.98 $17.78 $109.14 $31.31 $59.99 $30.40 $12.60 $10.13 B-Plan Contributions*
4/18 $29.39 $17.18 $105.65 $30.29 $57.32 $29.25 $12.25 $10.19 4/15 Contributions
4/30 $29.64 $17.35 $106.71 $30.47 $58.03 $29.27 $12.23 $10.21 Interest
5/2 $29.76 $17.38 $107.19 $30.48 $58.35 $29.46 $12.32 $10.21 4/29 Contributions
5/4 $29.95 $17.62 $108.46 $31.04 $59.21 $29.86 $12.52 $10.21 B-Plan Contributions*
5/16 $29.60 $17.47 $107.64 $30.28 $58.97 $29.75 $12.21 $10.22 4/13 Contributions
5/31 $30.13 $17.95 $110.09 $30.62 $61.15 $31.01 $12.34 $10.28 Interest + 5/31 Contributions
6/6 $30.29 $18.05 $110.69 $30.91 $61.20 $31.35 $12.45 $10.30 B-Plan Contributions*
6/20 $30.67 $18.38 $112.47 $31.25 $62.10 $32.09 $12.61 $10.24 6/15 Contributions
6/24 $30.15 $17.91 $109.80 Distributions
6/30 $30.13 $17.90 $110.81 $30.94 $60.47 $31.98 $12.50 $10.30 Interest
7/5 $30.28 $18.00 $111.09 $30.91 $61.08 $32.52 $12.48 $10.23 6/30 Contributions
7/7 $30.20 $17.93 $110.46 $30.79 $61.02 $32.47 $12.39 $10.26 B-Plan Contributions*
7/18 $30.42 $18.25 $112.62 $31.71 $62.80 $32.95 $12.70 $10.19 7/15 Contributions
7/31 $30.80 $18.46 $113.88 $32.26 $64.21 $33.78 $12.96 $10.16 Interest
8/1 $30.81 $18.51 $113.99 $32.55 $64.51 $33.89 $13.07 $10.14 7/29 Contributions
8/4 $30.93 $18.53 $114.06 $32.84 $64.30 $33.62 $13.18 $10.15 B-Plan Contributions*
8/15 $31.09 $18.50 $113.97 $33.60 $64.62 $33.34 $13.49 $10.16 8/15 Contributions
8/31 $31.07 $18.32 $112.84 $33.24 $64.05 $33.40 $13.33 $10.26 Interest
9/6 $31.32 $18.39 $114.05 $34.22 $64.69 $33.70 $13.75 $10.24 8/31 Contributions
9/19 $31.36 $18.37 $113.89 $34.08 $64.31 $33.52 $13.71 $10.17 9/15 Contributions
9/23 $31.19 $11.93 Distributions
9/30 $31.19 $18.27 $113.20 $34.63 $64.79 $33.72 $13.96 $10.11 Interest
10/3 $31.14 $18.23 $113.00 $34.49 $64.77 $33.89 $13.88 $10.09 9/30 Contributions
10/6 $30.53 $17.82 $109.81 $33.61 $62.75 $32.44 $13.59 $10.10 B-Plan Contributions*
10/17 $30.39 $17.69 $109.70 $33.37 $62.84 $32.17 $13.45 $10.04 10/14 Contributions
10/31 $30.63 $17.81 $111.30 $33.30 $63.93 $32.88 $13.49 $9.99 Interest & 10/31 Contributions
11/4 $30.79 $18.09 $112.56 $33.85 $65.20 $33.45 $13.63 $9.93 B-Plan Contributions*
11/21 $31.39 $18.57 $115.90 $54.58 $66.82 $34.49 $13.90 $10.02 11/15 Contributions
11/29 $31.49 $18.65 $116.19 $34.62 $66.52 $34.36 $13.91 $10.00 11/30 Contributions**
11/30 $31.34 $18.54 $115.49 $34.51 $66.40 $34.41 $13.85 $10.00 Interest
12/16 $17.24 $34.70 Distributions
12/19 $31.67 $17.19 $116.52 $34.61 $67.63 $34.43 $14.47 $10.03 12/15 Contributions
12/21 $65.65 Distribution
12/23 $34.73 Distribution
12/28 $30.49 $115.82 Distributions
12/29 $14.37 Distribution
12/31 $30.35 $17.15 $114.92 $34.82 $65.31 $34.26 $14.27 $10.06 Interest

*Late Payment transfer by FedEx to Vanguard

Why are the payments late? FedEx has not responded to my inquiries as to why the Pilot Contributions are late. I asked my union representative to try, and he said:
"I don't have an answer as to why the Company has recently changed the date for deposits. Probably because they can..."

So I don't know if the contributions will continue to be late or not. For 5 years, they were the same. Now they are later.

**No this is not a mistake. Somehow the 11/30 contributions were transferred a day before payday to Vanguard to be deposited on 11/29. This has never happened in the history of the FedEx 401k plan and I don't have an explanation for it. Since the market went down on 11/30, everyone lost money.

Distributions


Interest Payments (month end distributions)

Admiral
MM
Total Bond
Market Index 1
12/31 .00158 $.03860
1/31 .00174 $.03824
2/28 .00169 $.03649
3/31 .00201 $.04087
includes LT Gain
4/30 .00206 $.03805
5/31 .00230 $.03867
6/30 .00230 $.03789
7/31 .00248 $.03886
8/31 .00263 $.03890
9/30 .00270 $.03822
10/31 .00290 $.03927
11/30 .00298 $.03886
12/31 .00325 $.04018

1 NOTE: Interest is for the Vanguard Total Bond Market Index Fund Institutional Shares, symbol VBTIX (Fund 222). It is slightly higher than the general Vanguard Total Bond Market Index Fund (VBMFX).

2005 Performance Results

401k Fund Returns
Name
Fund #
Admiral Trsy MM
11
Wellington
21
Windsor
22
500 Index
40
Int'l Value
46
PRIMECAP
59
Extended Mkt Index
98
Total Int'l
Stock Index
113
Total Bond
Market Index
222
12/31 0.16% 2.73% 4.26% 3.39% 4.04% 3.81% 4.37% 4.43% 0.77%
1/31 0.17% -1.26% -2.88% -2.45% -1.13% -4.51% -3.35% -1.67% 0.66%
2/28 0.17% 2.31% 2.62% 2.9% 5.40% 2.22% 1.85% 4.68% -0.62%
3/31 0.20% -1.54% -1.67% -1.76% -3.20% -1.58% -1.78% -2.93% -0.48%
4/30 0.20% -0.64% -2.03% -1.91% -2.34% -3.04% -3.46% -2.07% 1.39%
5/31 0.23% 1.65% 3.46% 5.17% 0.49% 5.38% 5.94% 0.08% 1.06%
6/30 0.23% 0.70% 0.45% 1.04% 1.05% -1.11% 3.13% 1.30% 0.56%
7/31 0.25% 2.22% 3.15% 2.77% 4.27% 6.18% 5.63% 3.68% -0.98%
8/31 0.26% 0.88% -0.76% -0.91% 3.04% -0.25% -1.12% 2.85% 1.37%
9/30 0.27% 1.06% -0.27% 0.79% 4.18% 1.36% 0.96% 4.73% -1.09%
10/31 0.29% -1.80% -2.52% -1.68% -3.84% -1.33% -2.49% -3.37% -0.80%
11/30 0.30% 2.32% 4.10% 3.76% 3.63% 3.86% 5.87% 2.67% 0.49%
12/31 0.33% 0.84% 1.64% 0.03% 5.71% 1.81% -0.63% 5.16% 1.00%
YTD 11/30 2.58% 5.86% 3.32% 4.68% 11.57% 6.58% 9.73% 9.92% 1.50%
YTD 12/31 2.90% 6.74% 5.00% 4.71% 17.94% 8.51% 10.30% 15.59% 2.48%
 
5 year 2.18% 6.82% 6.04% 0.42% 8.35% 2.94% 6.93% 5.85% 5.56%
10 year 3.73% 9.91% 10.41% 9.00% 7.78% 13.23% 10.01% 5.51%1 6.01%