Defined Benefit (Pension) · DOL Form 5500 · 2024
Magellan Pension Plan
ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.
- $183M
- Total assets
- 1,402
- Participants
- 89th
- Percentile by assets
Sponsored by Magellan Midstream Holdings Gp, LLC · Oklahoma · Transportation & Warehousing
What the 2024 filing shows
Magellan Pension Plan holds $183M for 1,402 participants - about $130,816 per participant, in the top quartile of all filed plans by assets, up 4.7% over the 2024 plan year.
- $183M
- total plan assets (2024 EOY)
- 1,402
- covered participants
- 89th
- percentile by assets (of 67,083 plans)
- $130,816
- avg assets per participant
What the Filing Says About Magellan Pension Plan
Magellan Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Magellan Midstream Holdings Gp, LLC, headquartered in Oklahoma. As of the 2024 Form 5500 filing, the plan reports $183M in total end-of-year assets and covers 1,402 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 200019326, and the plan has been effective since 2004-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $175M at the beginning of 2024 to $183M at year-end - a gain of 4.7%. Net assets (after liabilities) closed the year at $183M, with reported net income of $8M 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) | $175M |
| Total Assets (End of Year) | $183M |
| Net Assets (End of Year) | $183M |
| Net Income | $8M |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 200019326 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magellan Midstream Holdings Gp, LLC)
| 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.
- Williams Pension Plan $1.3B · 3,588
- One Gas, Inc. Retirement Plan $796M · 740
- Retirement Plan for Employees of Devon Energy Corporation $480M · 171
- Integris Health, Inc. Retirement Plan a $423M · 1,145
- Retirement Plan of American Fidelity Group $349M · 1,638
Related Data
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Frequently Asked Questions
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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 200019326.
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.
Read our methodology - how this data is sourced, computed, and verified.