401(k) · DOL Form 5500 · 2022

Magnolia Oil & Gas 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$18M
Total assets
195
Participants
60th
Percentile by assets

Sponsored by Magnolia Oil & Gas Operating LLC · Texas · Mining & Oil Extraction

What the 2022 filing shows

Magnolia Oil & Gas 401(k) Plan holds $18M for 195 participants - about $89,792 per participant, above the median plan by assets, up 17.8% over the 2022 plan year.

$18M
total plan assets (2022 EOY)
195
covered participants
60th
percentile by assets (of 84,055 plans)
$89,792
avg assets per participant
Total Assets (2023)
$18M
Participants
195
State
Industry
Mining & Oil Extraction

What the Filing Says About Magnolia Oil & Gas 401(k) Plan

Magnolia Oil & Gas 401(k) Plan is a 401(k) retirement plan sponsored by Magnolia Oil & Gas Operating LLC, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $18M in total end-of-year assets and covers 195 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 825329532, and the plan has been effective since 2018-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $15M at the beginning of 2022 to $18M at year-end - a gain of 17.8%. Net assets (after liabilities) closed the year at $18M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$15M
Total Assets (End of Year)$18M
Net Assets (End of Year)$18M
Net Income$3M
Plan Type401(k)
Employer EIN825329532
Plan Effective Date2018-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnolia Oil & Gas Operating LLC)

Year Plans Participants Total Assets
2022 1 195 $18M
2023 1 218 $29M
2024 1 247 $41M

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Frequently Asked Questions

How much money is in the Magnolia Oil & Gas 401(k) Plan?
As of the 2022 Form 5500 filing, Magnolia Oil & Gas 401(k) Plan holds $18M in total assets with 195 participants. It is sponsored by Magnolia Oil & Gas Operating LLC.
What type of plan is Magnolia Oil & Gas 401(k) Plan?
Magnolia Oil & Gas 401(k) Plan is a 401(k) plan. It has been effective since 2018-09-01. The plan is filed with the U.S. Department of Labor under EIN 825329532.
Who sponsors the Magnolia Oil & Gas 401(k) Plan?
Magnolia Oil & Gas 401(k) Plan is sponsored by Magnolia Oil & Gas Operating LLC, located in Texas. The sponsor's EIN is 825329532 and the plan operates in the Mining & Oil Extraction industry.
How did Magnolia Oil & Gas 401(k) Plan perform in 2022?
Magnolia Oil & Gas 401(k) Plan grew by 17.8% during 2022, moving from $15M to $18M in total assets. Net income was $3M.
Where can I find official filings for Magnolia Oil & Gas 401(k) Plan?
Official Form 5500 filings for Magnolia Oil & Gas 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 825329532 or plan name at efast.dol.gov.
How does Magnolia Oil & Gas 401(k) Plan compare to other plans?
You can compare Magnolia Oil & Gas 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 825329532.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.