Plain-English plan 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, Magellan Pension Plan is a benefit plan reported by Magellan Midstream Holdings Gp, LLC under EIN 20-0019326 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,981 participants and $175,126,716 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $175,126,716
- Total liabilities (EOY)
- $9,332
- Net assets (EOY)
- $175,117,384
- Net assets (BOY)
- $161,840,408
Income & contributions
- Employer contributions
- $12,004,000
- Total contributions
- $12,004,000
- Total income / additions
- $30,170,509
Expenses & distributions
- Benefits paid
- $16,667,600
- Administrative expenses
- $225,933
- Total expenses
- $16,893,533
- Net increase / (decrease)
- $13,276,976