401(k) · DOL Form 5500 · 2024
Magellan Health, Inc. 401(k) Plan
Data updated 2026-08-25
- $656M
- Total assets Above avg plan size
- 5,275
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $124,413
- Avg per participant Near avg balance/head
Official DOL plan name: Magellan Health, Inc. Retirement Savings Plan · Sponsored by Magellan Health, Inc. · Missouri · Professional & Technical Services
$656M in assets, 5,275 participants
Magellan Health, Inc.'s Magellan Health, Inc. Retirement Savings Plan reported $656M in total assets and 5,275 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #19,865 in Professional & Technical Services (20,173 peers)
Coverage in Missouri
Magellan Health, Inc. Retirement Savings Plan covers 5,275 participants in Missouri, 7.2x the typical Missouri plan (state average ~737 per filing). Assets: $656M.
- #19,865
- in Professional & Technical Services (20,173 peers)
- +6.9%
- assets growth YoY
- 6.6×
- vs typical plan assets (national mean)
Magellan Health, Inc. Retirement Savings Plan's outsized position by total assets
Magellan Health, Inc. Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$656,280,142 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Magellan Health, Inc. Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magellan Health, Inc. Retirement Savings Plan lands in the large band (5,275 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Magellan Health, Inc. Retirement Savings Plan reported net income rose from -$25M in the plan year 2023 filing to $42M in the plan year 2024 filing.
- Magellan Health, Inc. Retirement Savings Plan reported participants fell from 6,300 in the plan year 2023 filing to 5,275 in the plan year 2024 filing.
- Magellan Health, Inc. Retirement Savings Plan end-of-year assets rose from $614M in the plan year 2023 filing to $656M in the plan year 2024 filing.
DOL schedule card
Filing strip 581076937 · Magellan Health, Inc. PY 2024 · 401(k)
Magellan Health, Inc. Retirement Savings Plan · $656M · 5,275 · 98th
- BOY $656M
- BOY 5,275
- BOY 98th
- BOY 401(k)
- BOY near Regal Rexnord Retirement Savings Plan
- BOY ind #19865
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 Professional & Technical Services retirement plans → · Plans in Missouri →
Magellan Health, Inc. Retirement Savings Plan in the asset neighbourhood
Missouri filing particulars
| Total Assets (Beginning of Year) | $614M |
|---|---|
| Net Assets (End of Year) | $656M |
| Net Income | $42M |
| Employer EIN | 581076937 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magellan Health, Inc.)
Sponsor-wide plan assets over time
All Magellan Health, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $656M 2.750562028371433% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,656 | $639M |
| 2023 | 1 | 6,300 | $614M |
| 2024 | 1 | 5,275 | $656M |
Nearby 401(k) Plans in Missouri
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Edward D. Jones & Co. Profit Sharing and 401(k) Plan $12.4B · 47,254
- Bayer Corporation Savings and Retirement Plan $10.8B · 19,357
- Emerson Savings Plan $7.4B · 8,315
- Enterprise Holdings Retirement Savings Plan $6.5B · 72,024
- Centene Management Corporation Retirement Plan $4.7B · 53,760
Scale composition for Magellan Health, Inc. Retirement Savings Plan
Magellan Health, Inc. Retirement Savings Plan reports $656M in end-of-year assets across 5,275 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $124,413 per participant (90% of the national average assets-per-participant) . Net income for plan year 2024 was $42M.
This plan identity (EIN 581076937, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $639M to $656M (+2.8%) while covered participants moved from 8,656 to 5,275 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,656 | $639M | Open filing |
| 2023 | 6,300 | $614M | Open filing |
| 2024 · index core | 5,275 | $656M | This page |
Magellan Health, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Missouri, the nearest 401(k) by assets is Regal Rexnord Retirement Savings Plan in WI ($656M); by covered participants it is Sanmar, Lkwp, and Affiliates 401(k) Plan in WA (5,275 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($656M here).
- Regal Rexnord Retirement Savings Plan (WI) $656M · 5,310
- Ta Associates Profit Sharing Plan (MA) $656M · 202
- Gray Television, Inc. Capital Accumulation Plan (GA) $657M · 8,779
- Bridgestone Americas, Inc. Incentive Savings Plan (TN) $657M · 17,463
Similar participant headcount
Nearest other-state filings by covered participants (5,275 participants); asset peers above are excluded.
- Sanmar, Lkwp, and Affiliates 401(k) Plan (WA) 5,275 · 0 off
- Prysmian Group 401(k) Plan (KY) 5,275 · 0 off
- Corebridge Financial, Inc. Retirement Savings 401(k) Plan (TX) 5,280 · 5 off
- North American Lighting, Inc. Command Plus Plan (IL) 5,282 · 7 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.