401(k) · DOL Form 5500 · 2023

Magnolia Oil & Gas Operating LLC 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
218
Participants Below avg headcount
78th
Percentile by assets National rank
$131,062
Avg per participant Near avg balance/head
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Official DOL plan name: Magnolia Oil & Gas 401(k) Plan · Sponsored by Magnolia Oil & Gas Operating LLC · Texas · Mining & Oil Extraction

$29M in assets, 218 participants

Magnolia Oil & Gas Operating LLC's Magnolia Oil & Gas 401(k) Plan reported $29M in total assets and 218 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #509 in Mining & Oil Extraction (811 peers)

Coverage in Texas

Magnolia Oil & Gas 401(k) Plan covers 218 participants in Texas, about 32% of the average Texas filer (state average ~688 per filing). Assets: $29M.

#509
in Mining & Oil Extraction (811 peers)
+63.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Magnolia Oil & Gas 401(k) Plan's outsized position by total assets

Magnolia Oil & Gas 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$28,571,446 Top 22% higher than 78% of 127,068 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 2023

Magnolia Oil & Gas 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnolia Oil & Gas 401(k) Plan sits mid-pack in the medium band (218 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magnolia Oil & Gas 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Magnolia Oil & Gas 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Magnolia Oil & Gas 401(k) Plan reported participants rose from 195 in the plan year 2022 filing to 218 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 825329532 · Magnolia Oil & Gas Operating LLC PY 2023 · 401(k)

Magnolia Oil & Gas 401(k) Plan · $29M · 218 · 78th

  • BOOK $29M
  • BOOK 218
  • BOOK 78th
  • BOOK 401(k)
  • BOOK near The National Checking Company Employee Retirement Plan
  • BOOK ind #509

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 Mining & Oil Extraction retirement plans → · Plans in Texas →

Magnolia Oil & Gas 401(k) Plan in the asset neighbourhood

401(k)/Profit Sharing Plan for Employees of Dean, Mead, Egerton, Bloodworth, Capouano & Bozarth, P.a.401(k)/Profit Sharing Plan f…$29MManna, Inc. 401(k) Plan$29MMagnolia Oil & Gas 401(k) PlanMagnolia Oil & Gas 401(k) Pl…$29MThe National Checking Company Employee Retirement PlanThe National Checking Compan…$29MUnipres U.S.a., Inc. 401(k) Retirement PlanUnipres U.S.a., Inc. 401(k) …$29M
End-of-year total assets ($M) among Magnolia Oil & Gas 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$29M
Net Income$11M
Employer EIN825329532
Plan Effective Date2018-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnolia Oil & Gas Operating LLC)

Sponsor-wide plan assets over time

All Magnolia Oil & Gas Operating LLC plans reported in each filing year

Latest sponsor-wide plan assets
$41M 131.66605861135398% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $17.5M $40.6M ▲ +131.6%
Year Plans Participants Total Assets
2022 1 195 $18M
2023 1 218 $29M
2024 1 247 $41M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Magnolia Oil & Gas 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Magnolia Oil & Gas 401(k) Plan, Total assets ($B): 0.028571446 · Participants: 218Magnolia Oil & Gas 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Magnolia Oil & Gas 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Magnolia Oil & Gas 401(k) Plan side-by-side with 3 peers →

Magnolia Oil & Gas 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The National Checking Company Employee Retirement Plan in MN ($29M); by covered participants it is Care Hawaii, Inc. 401(k) Retirement Savings Plan in HI (218 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (218 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Magnolia Oil & Gas 401(k) Plan assets move in 2023? ▼
Magnolia Oil & Gas 401(k) Plan surged - up 63.2% during 2023, from $18M to $29M. Reported net income was $11M.
How have Magnolia Oil & Gas Operating LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magnolia Oil & Gas Operating LLC's sponsor-wide assets grew 131.7%, from $18M to $41M.
Where does Magnolia Oil & Gas 401(k) Plan rank by assets among Form 5500 filers? ▼
Magnolia Oil & Gas 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Magnolia Oil & Gas 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The National Checking Company Employee Retirement Plan in MN ($29M, 181 participants).
Which 401(k) plans cover a similar participant headcount to Magnolia Oil & Gas 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Care Hawaii, Inc. 401(k) Retirement Savings Plan in HI (218 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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

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.