401(k) · DOL Form 5500 · 2022
Magellan Health, Inc. 401(k) Plan
Data updated 2026-08-25
- $639M
- Total assets Above avg plan size
- 8,656
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $73,788
- Avg per participant Below avg balance/head
Official DOL plan name: Magellan Health, Inc. Retirement Savings Plan · Sponsored by Magellan Health, Inc. · Missouri · Professional & Technical Services
$639M in assets, 8,656 participants
Magellan Health, Inc.'s Magellan Health, Inc. Retirement Savings Plan reported $639M in total assets and 8,656 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #21,321 in Professional & Technical Services (21,562 peers)
Coverage in Missouri
Magellan Health, Inc. Retirement Savings Plan covers 8,656 participants in Missouri, 12x the typical Missouri plan (state average ~737 per filing). Assets: $639M.
- #21,321
- in Professional & Technical Services (21,562 peers)
- -18.2%
- assets change YoY
- 6.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $142M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Magellan Health, Inc. Retirement Savings Plan's outsized position by total assets
Magellan Health, Inc. Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$638,711,973 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Magellan Health, Inc. Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magellan Health, Inc. Retirement Savings Plan lands in the large band (8,656 participants).
Form 5500 schedule snapshot
Filing strip 581076937 · Magellan Health, Inc. PY 2022 · 401(k)
Magellan Health, Inc. Retirement Savings Plan · $639M · 8,656 · 98th
- EBSA $639M
- EBSA 8,656
- EBSA 98th
- EBSA 401(k)
- EBSA near Techtronic Industries 401(k) Retirement Plan
- EBSA ind #21321
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Missouri →
Magellan Health, Inc. Retirement Savings Plan in the asset neighbourhood
Missouri filing particulars
| Total Assets (Beginning of Year) | $781M |
|---|---|
| Net Assets (End of Year) | $639M |
| Net Income | -$142M |
| Employer EIN | 581076937 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magellan Health, Inc.)
Sponsor-wide plan assets over time
All Magellan Health, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $656M 2.750562028371433% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,656 | $639M |
| 2023 | 1 | 6,300 | $614M |
| 2024 | 1 | 5,275 | $656M |
Nearby 401(k) Plans in Missouri
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Bayer Corporation Savings and Retirement Plan $9.2B · 18,917
- Edward D. Jones & Co. Profit Sharing and 401(k) Plan $8.7B · 47,923
- Enterprise Holdings Retirement Savings Plan $4.5B · 59,568
- Centene Management Corporation Retirement Plan $3.2B · 49,060
- Anheuser-Busch 401(k) Savings and Retirement Plan $3.1B · 14,556
Scale composition for Magellan Health, Inc. Retirement Savings Plan
Magellan Health, Inc. Retirement Savings Plan reports $639M in end-of-year assets across 8,656 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $73,788 per participant (53% of the national average assets-per-participant) . Net income for plan year 2022 was -$142M.
This plan identity (EIN 581076937, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $639M to $656M (+2.8%) while covered participants moved from 8,656 to 5,275 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,656 | $639M | This page |
| 2023 | 6,300 | $614M | Open filing |
| 2024 · index core | 5,275 | $656M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Magellan Health, Inc. Retirement Savings Plan (401(k), $656M, 5,275 participants)
Magellan Health, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Missouri, the nearest 401(k) by assets is Techtronic Industries 401(k) Retirement Plan in FL ($639M); by covered participants it is Retail Services & Systems, Inc. Deferred Profit Sharing Plan in MD (8,658 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($639M here).
- Techtronic Industries 401(k) Retirement Plan (FL) $639M · 15,201
- Vensure Employer Services, Inc. 401(k) Profit Sharing Plan (AZ) $638M · 22,096
- Live Nation Entertainment, Inc. 401(k) Savings Plan (CA) $640M · 6,906
- Concentrix Retirement and Savings Plan (OH) $641M · 18,556
Similar participant headcount
Nearest other-state filings by covered participants (8,656 participants); asset peers above are excluded.
- Retail Services & Systems, Inc. Deferred Profit Sharing Plan (MD) 8,658 · 2 off
- Southeastern Freight Lines Retirement Savings Program (SC) 8,671 · 15 off
- Workforce Logiq, LLC 401(k) Plan (FL) 8,672 · 16 off
- Tailored Brands 401(k) Savings Plan (TX) 8,637 · 19 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.