401(k) · DOL Form 5500 · 2024

Magnolia Oil & Gas Operating LLC 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
247
Participants Below avg headcount
82nd
Percentile by assets National rank
$164,224
Avg per participant Above 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

$41M in assets, 247 participants

Magnolia Oil & Gas Operating LLC's Magnolia Oil & Gas 401(k) Plan reported $41M in total assets and 247 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #532 in Mining & Oil Extraction (785 peers)

Coverage in Texas

Magnolia Oil & Gas 401(k) Plan covers 247 participants in Texas, about 36% of the average Texas filer (state average ~688 per filing). Assets: $41M.

#532
in Mining & Oil Extraction (785 peers)
+42.0%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$40,563,272 Top 18% higher than 82% of 123,620 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 2024

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

Plan-year 2024 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 (247 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magnolia Oil & Gas 401(k) Plan end-of-year assets rose from $29M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Magnolia Oil & Gas 401(k) Plan reported participants rose from 218 in the plan year 2023 filing to 247 in the plan year 2024 filing.
  • Magnolia Oil & Gas 401(k) Plan reported net income rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 825329532 · Magnolia Oil & Gas Operating LLC PY 2024 · 401(k)

Magnolia Oil & Gas 401(k) Plan · $41M · 247 · 82nd

  • ASSETS $41M
  • PCT 247
  • EIN 82nd
  • RANK 401(k)
  • PHOTO near Finemark National Bank & Trust 401(k) Plan
  • IND ind #532

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

Schaedler Yesco Distribution Inc. 401(k) PlanSchaedler Yesco Distribution…$41MSamson Investment Holding Co. Retirement Savings Plan & TrustSamson Investment Holding Co…$41MLuminar 401(k)$41MMagnolia Oil & Gas 401(k) PlanMagnolia Oil & Gas 401(k) Pl…$41MFinemark National Bank & Trust 401(k) PlanFinemark National Bank & Tru…$41M
End-of-year total assets ($M) among Magnolia Oil & Gas 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$41M
Net Income$12M
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): 0.040563272 · Participants: 247Magnolia Oil & Gas 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings 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 Finemark National Bank & Trust 401(k) Plan in FL ($41M); by covered participants it is Propex 401(k) Savings Plan in TN (247 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($41M here).

Similar participant headcount

Nearest other-state filings by covered participants (247 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Magnolia Oil & Gas 401(k) Plan surged - up 42.0% during 2024, from $29M to $41M. Reported net income was $12M.
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 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Finemark National Bank & Trust 401(k) Plan in FL ($41M, 262 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 Propex 401(k) Savings Plan in TN (247 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.