Defined Benefit (Pension) · DOL Form 5500 · 2022

Marathon Petroleum Company LP Pension Plan

Data updated 2026-08-25

$147M
Total assets Near avg plan size
80
Participants Small participant base
95th
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
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Official DOL plan name: Speedway Retirement Plan · Sponsored by Marathon Petroleum Company LP · Ohio · Retail Trade

$147M in assets, 80 participants

Marathon Petroleum Company LP's Speedway Retirement Plan reported $147M in total assets and 80 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #9,231 in Retail Trade (9,519 peers)

Where Speedway Retirement Plan sits by assets

Speedway Retirement Plan sits in the top 5% of all filed plans by assets, $147M for 80 participants (~$1.8M/participant), down 16.9% in 2022.

#9,231
in Retail Trade (9,519 peers)
-16.9%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Speedway Retirement Plan's outsized position by total assets

Speedway Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$146,934,557 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Speedway Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Speedway Retirement Plan is a small filing (80 participants) on this national headcount ladder.

DOL schedule card

Filing strip 311537655 · Marathon Petroleum Company LP PY 2022 · Defined Benefit (Pension)

Speedway Retirement Plan · $147M · 80 · 95th

  • EOY $147M
  • 5500 80
  • ASSETS 95th
  • PCT Defined Benefit (Pension)
  • EIN near Cement Masons Local 780 Pension Fund
  • RANK ind #9231

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 Retail Trade retirement plans → · Plans in Ohio →

Speedway Retirement Plan in the asset neighbourhood

Iron Workers District Council of Tn Valley & Vicinity Pension PlanIron Workers District Counci…$147MLufthansa German Airlines Pension Plan for United States EmployeesLufthansa German Airlines Pe…$147MCement Masons Local 780 Pension FundCement Masons Local 780 Pens…$147MSpeedway Retirement Plan$147MEmployees Security Fund of the Elec Ind Pension PlanEmployees Security Fund of t…$147M
End-of-year total assets ($M) among Speedway Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$147M
Net Income-$30M
Employer EIN311537655
Plan Effective Date2007-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Marathon Petroleum Company LP)

Sponsor-wide plan assets over time

All Marathon Petroleum Company LP plans reported in each filing year

Latest sponsor-wide plan assets
$10.7B 25.710409990260658% vs 2022
2024 filing year
$8B$9B$10B$11B 202220232024 $8.48B $10.7B ▲ +25.7%
Year Plans Participants Total Assets
2022 3 35,136 $8.5B
2023 3 35,428 $9.7B
2024 3 36,178 $10.7B

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Speedway Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Speedway Retirement Plan, Total assets ($B): 0.146934557 · Participants: 80Speedway Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
Speedway Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Speedway Retirement Plan side-by-side with 3 peers →

Speedway Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Cement Masons Local 780 Pension Fund in NY ($147M); by covered participants it is Oneaz Credit Union Defined Benefit Pension Plan in AZ (80 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (80 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Speedway Retirement Plan assets move in 2022? ▼
Speedway Retirement Plan declined sharply - down 16.9% during 2022, from $177M to $147M. Reported net income was -$30M.
How have Marathon Petroleum Company LP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Marathon Petroleum Company LP's sponsor-wide assets grew 25.7%, from $8.5B to $10.7B.
Where does Speedway Retirement Plan rank by assets among Form 5500 filers? ▼
Speedway Retirement Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Speedway Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement Masons Local 780 Pension Fund in NY ($147M, 449 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Speedway Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Oneaz Credit Union Defined Benefit Pension Plan in AZ (80 participants, $46M in assets).

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 311537655.

Read our methodology - how this data is sourced, computed, and verified.

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