2023 Form 5500 filing — Magellan Pension Plan For Usw Employees

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010113450NAL0011421619001) for Magellan Pension Plan For Usw Employees, reported by Magellan Midstream Holdings Gp, LLC under EIN 20-0019326 and plan number 002. It reports 417 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$43.9MReported net assets$43,915,801
Participants417
Provider compensation$10.6K1 Schedule C row(s)$10,627
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010113450NAL0011421619001
Plan sponsor
Magellan Midstream Holdings Gp, LLC
EIN
20-0019326
Plan number
002
Location
Tulsa, OK
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$43.9M total assets
Net assets$43.9MLiabilities$2.8K
Money in vs. money out
Total income / additions$6.8M
Total expenses$2.6M
Benefits paid / distributions$2.6M
Contributions
Employer$2.2M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$43,918,563
Total liabilities (EOY)
$2,762
Net assets (EOY)
$43,915,801
Employer contributions
$2,191,000
Total income / additions
$6,789,312
Benefits paid
$2,553,422
Administrative expenses
$51,673
Total expenses
$2,605,095
Net increase / (decrease)
$4,184,217

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
U.S. BankPARTY-IN-INTEREST$10,627$0

Related Form 5500 pages