Who sponsors the Magellan Pension Plan For Usw Employees?

Magellan Pension Plan For Usw Employees is reported as sponsored by Magellan Midstream Holdings Gp, LLC (EIN 20-0019326, plan number 002) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Magellan Pension Plan For Usw Employees?

The latest Form 5500 filing year loaded for Magellan Pension Plan For Usw Employees is 2023.

How many participants does Magellan Pension Plan For Usw Employees report?

Magellan Pension Plan For Usw Employees reports 417 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Magellan Pension Plan For Usw Employees?

Magellan Pension Plan For Usw Employees reports $43,918,563 in end-of-year plan assets in its latest loaded Form 5500 filing.

Magellan Pension Plan For Usw Employees — Form 5500 plan (Magellan Midstream Holdings Gp, LLC)

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 For Usw Employees is a benefit plan reported by Magellan Midstream Holdings Gp, LLC under EIN 20-0019326 and plan number 002. The latest loaded filing year is 2023. The filing reports 417 participants and $43,918,563 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$43.9MPlan net assets, end of year$43,915,801

Participants417Covered participants reported

Assets / participant$105.3KComputed: assets ÷ participants$105,320 (computed)

Provider compensation$10.6K1 Schedule C provider row(s)$10,627

Plan sponsor: Magellan Midstream Holdings Gp, LLC
EIN: 20-0019326
Plan number: 002
Plan type: 2
Location: Tulsa, OK
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	417	H, C	20241010113450NAL0011421619001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

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

Net assets

Total assets (EOY): $43,918,563
Total liabilities (EOY): $2,762
Net assets (EOY): $43,915,801
Net assets (BOY): $39,731,584

Income & contributions

Employer contributions: $2,191,000
Total contributions: $2,191,000
Total income / additions: $6,789,312

Expenses & distributions

Benefits paid: $2,553,422
Administrative expenses: $51,673
Total expenses: $2,605,095
Net increase / (decrease): $4,184,217

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
U.S. Bank	PARTY-IN-INTEREST	$10,627	$0	2023