Defined Benefit (Pension) · DOL Form 5500 · 2023

Marathon Petroleum Company LP Pension Plan

Data updated 2026-08-25

$144M
Total assets Near avg plan size
68
Participants Small participant base
93rd
Percentile by assets National rank
$2.1M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Speedway Retirement Plan · Sponsored by Marathon Petroleum Company LP · Ohio · Retail Trade

$144M in assets, 68 participants

Marathon Petroleum Company LP's Speedway Retirement Plan reported $144M in total assets and 68 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,100 in Retail Trade (8,414 peers)

Where Speedway Retirement Plan sits by assets

Speedway Retirement Plan sits in the top 10% of all filed plans by assets, $144M for 68 participants (~$2.1M/participant), down 2.0% in 2023.

#8,100
in Retail Trade (8,414 peers)
-2.0%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $3M 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 2023 · DOL Form 5500

$143,982,450 Top 7% higher than 93% 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

Speedway Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Speedway Retirement Plan is a small filing (68 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Speedway Retirement Plan reported net income rose from -$30M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Speedway Retirement Plan reported participants fell from 80 in the plan year 2022 filing to 68 in the plan year 2023 filing.
  • Speedway Retirement Plan end-of-year assets fell from $147M in the plan year 2022 filing to $144M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 311537655 · Marathon Petroleum Company LP PY 2023 · Defined Benefit (Pension)

Speedway Retirement Plan · $144M · 68 · 93rd

  • IND $144M
  • EOY 68
  • 5500 93rd
  • ASSETS Defined Benefit (Pension)
  • PCT near Pace International Union Pension Plan
  • EIN ind #8100

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

Henry Crown and Company Pension PlanHenry Crown and Company Pens…$144MSpeedway Retirement Plan$144MPace International Union Pension PlanPace International Union Pen…$144MIBEW Local Union 363 Pension$144MLear Combined Pension Plan$144M
End-of-year total assets ($M) among Speedway Retirement 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)$147M
Net Assets (End of Year)$144M
Net Income-$3M
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): 0.14398245 · Participants: 68Speedway Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
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 Pace International Union Pension Plan in PA ($144M); by covered participants it is Michigan Health and Hospital Association Staff Pension Plan in MI (68 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($144M here).

Similar participant headcount

Nearest other-state filings by covered participants (68 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 Speedway Retirement Plan assets move in 2023? ▼
Speedway Retirement Plan edged down modestly - down 2.0% during 2023, from $147M to $144M. Reported net income was -$3M.
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 93rd 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 Speedway Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pace International Union Pension Plan in PA ($144M, 22 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 Michigan Health and Hospital Association Staff Pension Plan in MI (68 participants, N/A 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 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.