Defined Benefit (Pension) · DOL Form 5500 · 2024

Magellan Midstream Holdings Gp, LLC Pension Plan

Data updated 2026-08-25

$183M
Total assets Near avg plan size
1,402
Participants Near avg headcount
94th
Percentile by assets National rank
$130,816
Avg per participant Near avg balance/head
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Official DOL plan name: Magellan Pension Plan · Sponsored by Magellan Midstream Holdings Gp, LLC · Oklahoma · Transportation & Warehousing

$183M in assets, 1,402 participants

Magellan Midstream Holdings Gp, LLC's Magellan Pension Plan reported $183M in total assets and 1,402 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #3,042 in Transportation & Warehousing (3,299 peers)

Where Magellan Pension Plan sits by assets

Magellan Pension Plan sits in the top 10% of all filed plans by assets, $183M for 1,402 participants (~$130,816/participant), up 4.7% in 2024.

#3,042
in Transportation & Warehousing (3,299 peers)
+4.7%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Magellan Pension Plan's outsized position by total assets

Magellan Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$183,404,649 Top 6% higher than 94% 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

Magellan Pension 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 Pension Plan lands in the large band (1,402 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magellan Pension Plan reported net income fell from $13M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Magellan Pension Plan end-of-year assets rose from $175M in the plan year 2023 filing to $183M in the plan year 2024 filing.
  • Magellan Pension Plan reported participants fell from 1,450 in the plan year 2023 filing to 1,402 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 200019326 · Magellan Midstream Holdings Gp, LLC PY 2024 · Defined Benefit (Pension)

Magellan Pension Plan · $183M · 1,402 · 94th

  • PART $183M
  • PART 1,402
  • PART 94th
  • PART Defined Benefit (Pension)
  • PART near Harsco Employees Pension Plan
  • PART ind #3042

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 Transportation & Warehousing retirement plans → · Plans in Oklahoma →

Magellan Pension Plan in the asset neighbourhood

F.N.B. Corporation Retirement Income PlanF.N.B. Corporation Retiremen…$184MCic-Toc Pension Plan$184MHarsco Employees Pension Plan$184MMagellan Pension Plan$183MUnited Bankshares, Inc. Pension PlanUnited Bankshares, Inc. Pens…$183M
End-of-year total assets ($M) among Magellan Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$175M
Net Assets (End of Year)$183M
Net Income$8M
Employer EIN200019326
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magellan Midstream Holdings Gp, LLC)

Sponsor-wide plan assets over time

All Magellan Midstream Holdings Gp, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$228M 60.875015127119156% vs 2022
2024 filing year
$0M$200M$400M$600M$800M 202220232024 $583M $228M ▼ -60.9%
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.

Magellan Pension Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 00.511.52 Total assets ($B) Participants Magellan Pension Plan, Total assets ($B): 0.183404649 · Participants: 1402Magellan Pension PlanPipeline Industry Pension Fund, Total assets ($B): 1.68715114 · Participants: 2308Pipeline Industry Pension FundWilliams Pension Plan, Total assets ($B): 1.357458939 · Participants: 3357Williams Pension PlanOne Gas, Inc. Retirement Plan, Total assets ($B): 0.726126 · Participants: 670One Gas, Inc. Retirement PlanRetirement Plan for Employees of Devon Energy Corporation, Total assets ($B): 0.43487459 · Participants: 155Retirement Plan for Employees of Devon Energy CorporationIntegris Health, Inc. Retirement Plan a, Total assets ($B): 0.424374198 · Participants: 1061Integris Health, Inc. Retirement Plan a
Magellan Pension Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants

Magellan Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Oklahoma, the nearest Defined Benefit (Pension) by assets is Harsco Employees Pension Plan in PA ($184M); by covered participants it is Omaha Construction Industry Pension Plan in NE (1,402 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($183M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,402 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 Magellan Pension Plan assets move in 2024?
Magellan Pension Plan edged up modestly - up 4.7% during 2024, from $175M to $183M. Reported net income was $8M.
How have Magellan Midstream Holdings Gp, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Magellan Midstream Holdings Gp, LLC's sponsor-wide assets declined 60.9%, from $583M to $228M.
Where does Magellan Pension Plan rank by assets among Form 5500 filers?
Magellan Pension Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Magellan Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Harsco Employees Pension Plan in PA ($184M, 181 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Magellan Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Omaha Construction Industry Pension Plan in NE (1,402 participants, $356M in assets).