Defined Benefit (Pension) · DOL Form 5500 · 2023

Magellan Midstream Holdings Gp, LLC Pension Plan

Data updated 2026-08-25

$175M
Total assets Near avg plan size
1,450
Participants Near avg headcount
94th
Percentile by assets National rank
$120,777
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Magellan Pension Plan · Sponsored by Magellan Midstream Holdings Gp, LLC · Oklahoma · Transportation & Warehousing

$175M in assets, 1,450 participants

Magellan Midstream Holdings Gp, LLC's Magellan Pension Plan reported $175M in total assets and 1,450 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #3,112 in Transportation & Warehousing (3,362 peers)

Where Magellan Pension Plan sits by assets

Magellan Pension Plan sits in the top 10% of all filed plans by assets, $175M for 1,450 participants (~$120,777/participant), up 8.2% in 2023.

#3,112
in Transportation & Warehousing (3,362 peers)
+8.2%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Magellan Pension Plan's outsized position by total assets

Magellan Pension Plan vs every filed plan by assets

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

$175,126,716 Top 6% higher than 94% 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

Magellan Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magellan Pension Plan lands in the large band (1,450 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magellan Pension Plan reported net income rose from -$71M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Magellan Pension Plan end-of-year assets rose from $162M in the plan year 2022 filing to $175M in the plan year 2023 filing.
  • Magellan Pension Plan reported participants fell from 1,505 in the plan year 2022 filing to 1,450 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 200019326 · Magellan Midstream Holdings Gp, LLC PY 2023 · Defined Benefit (Pension)

Magellan Pension Plan · $175M · 1,450 · 94th

  • TYPE $175M
  • NET 1,450
  • BOOK 94th
  • VS-ST Defined Benefit (Pension)
  • BOY near Aedc Contractors Employee Pension Plan
  • SCH ind #3112

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 Transportation & Warehousing retirement plans → · Plans in Oklahoma →

Magellan Pension Plan in the asset neighbourhood

Perkins Coie Cash Balance PlanPerkins Coie Cash Balance Pl…$175MTronox Incorporated Retirement PlanTronox Incorporated Retireme…$175MAedc Contractors Employee Pension PlanAedc Contractors Employee Pe…$175MMagellan Pension Plan$175MPension Plan for Employees of Central Service AssociationPension Plan for Employees o…$175M
End-of-year total assets ($M) among Magellan Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$162M
Net Assets (End of Year)$175M
Net Income$13M
Employer EIN200019326
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magellan Midstream Holdings Gp, LLC)

Sponsor-wide plan assets over time

All Magellan Midstream Holdings Gp, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$228M 60.875015127119156% vs 2022
2024 filing year
$0M$200M$400M$600M$800M 202220232024 $583M $228M ▼ -60.9%
Year Plans Participants Total Assets
2022 3 3,467 $583M
2023 3 3,371 $313M
2024 3 1,615 $228M

Nearby Defined Benefit (Pension) Plans in Oklahoma

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

Magellan Pension Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 01000200030004000 00.511.52 Total assets ($B) Participants Magellan Pension Plan, Total assets ($B): 0.175126716 · Participants: 1450Magellan Pension PlanPipeline Industry Pension Fund, Total assets ($B): 1.550776271 · Participants: 1904Pipeline Industry Pension FundWilliams Pension Plan, Total assets ($B): 1.33243367 · Participants: 3588Williams Pension PlanOne Gas, Inc. Retirement Plan, Total assets ($B): 0.795535 · Participants: 740One Gas, Inc. Retirement PlanRetirement Plan for Employees of Devon Energy Corporation, Total assets ($B): 0.480356058 · Participants: 171Retirement Plan for Employees of Devon Energy CorporationIntegris Health, Inc. Retirement Plan a, Total assets ($B): 0.422772766 · Participants: 1145Integris Health, Inc. Retirement Plan a
Magellan Pension Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants
Compare Magellan Pension Plan side-by-side with 3 peers →

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

Outside Oklahoma, the nearest Defined Benefit (Pension) by assets is Aedc Contractors Employee Pension Plan in TN ($175M); by covered participants it is Omaha Construction Industry Pension Plan in NE (1,447 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($175M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,450 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 Magellan Pension Plan assets move in 2023? ▼
Magellan Pension Plan grew at a solid clip - up 8.2% during 2023, from $162M to $175M. Reported net income was $13M.
How have Magellan Midstream Holdings Gp, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magellan Midstream Holdings Gp, LLC's sponsor-wide assets declined 60.9%, from $583M to $228M.
Where does Magellan Pension Plan rank by assets among Form 5500 filers? ▼
Magellan Pension Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Magellan Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Aedc Contractors Employee Pension Plan in TN ($175M, 433 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Magellan Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Omaha Construction Industry Pension Plan in NE (1,447 participants, $329M 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 200019326.

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.