Defined Benefit (Pension) ยท DOL Form 5500 ยท 2023

Retirement Plan of Marathon Oil Company

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

$195M
Total assets
1,170
Participants
91th
Percentile by assets

Sponsored by Marathon Oil Company ยท Texas ยท Mining & Oil Extraction

What the 2023 filing shows

Retirement Plan of Marathon Oil Company holds $195M for 1,170 participants - about $166,586 per participant, in the top 10% of all filed plans by assets, up 12.6% over the 2023 plan year.

$195M
total plan assets (2023 EOY)
1,170
covered participants
91th
percentile by assets (of 72,800 plans)
$166,586
avg assets per participant
Total Assets (2023)
$195M
Participants
1,170
State
Industry
Mining & Oil Extraction

What the Filing Says About Retirement Plan of Marathon Oil Company

Retirement Plan of Marathon Oil Company is a Defined Benefit (Pension) retirement plan sponsored by Marathon Oil Company, headquartered in Texas. As of the 2023 Form 5500 filing, the plan reports $195M in total end-of-year assets and covers 1,170 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 251410539, and the plan has been effective since 1936-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $173M at the beginning of 2023 to $195M at year-end - a gain of 12.6%. Net assets (after liabilities) closed the year at $194M, with reported net income of $23M 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)$173M
Total Assets (End of Year)$195M
Net Assets (End of Year)$194M
Net Income$23M
Plan TypeDefined Benefit (Pension)
Employer EIN251410539
Plan Effective Date1936-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marathon Oil Company)

Year Plans Participants Total Assets
2022 2 2,209 $1.0B
2023 2 2,347 $1.1B
2024 2 2,552 $1.2B

Nearby Defined Benefit (Pension) Plans in Texas

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

Frequently Asked Questions

How much money is in the Retirement Plan of Marathon Oil Company?
As of the 2023 Form 5500 filing, Retirement Plan of Marathon Oil Company holds $195M in total assets with 1,170 participants. It is sponsored by Marathon Oil Company.
What type of plan is Retirement Plan of Marathon Oil Company?
Retirement Plan of Marathon Oil Company is a Defined Benefit (Pension) plan. It has been effective since 1936-01-01. The plan is filed with the U.S. Department of Labor under EIN 251410539.
Who sponsors the Retirement Plan of Marathon Oil Company?
Retirement Plan of Marathon Oil Company is sponsored by Marathon Oil Company, located in Texas. The sponsor's EIN is 251410539 and the plan operates in the Mining & Oil Extraction industry.
How did Retirement Plan of Marathon Oil Company perform in 2023?
Retirement Plan of Marathon Oil Company grew by 12.6% during 2023, moving from $173M to $195M in total assets. Net income was $23M.
Where can I find official filings for Retirement Plan of Marathon Oil Company?
Official Form 5500 filings for Retirement Plan of Marathon Oil Company are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 251410539 or plan name at efast.dol.gov.
How does Retirement Plan of Marathon Oil Company compare to other plans?
You can compare Retirement Plan of Marathon Oil Company against other Defined Benefit (Pension) 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251410539.

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.