Who sponsors the Magellan 401(K) Plan?

Magellan 401(K) Plan is reported as sponsored by Magellan Midstream Holdings Gp, LLC (EIN 20-0019326, plan number 003) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Magellan 401(K) Plan?

The latest Form 5500 filing year loaded for Magellan 401(K) Plan is 2023.

How many participants does Magellan 401(K) Plan report?

Magellan 401(K) Plan reports 1,983 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Magellan 401(K) Plan?

Magellan 401(K) Plan reports $93,963,943 in end-of-year plan assets in its latest loaded Form 5500 filing.

Magellan 401(K) Plan — 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 401(K) Plan is a benefit plan reported by Magellan Midstream Holdings Gp, LLC under EIN 20-0019326 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,983 participants and $93,963,943 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$94MPlan net assets, end of year$93,963,943

Participants2KCovered participants reported1,983

Assets / participant$47.4KComputed: assets ÷ participants$47,385 (computed)

Provider compensation$90.2K1 Schedule C provider row(s)$90,237

Plan sponsor: Magellan Midstream Holdings Gp, LLC
EIN: 20-0019326
Plan number: 003
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	1,983	H, C	20241010113311NAL0035573008001

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)$94M total assets

Net assets$94MLiabilities$0

Money in vs. money out

Total income / additions$86.4M

Total expenses$373.5M

Benefits paid / distributions$373.4M

Contributions

Employer$9.7M

Participant$15.9M

Full reported line items

Net assets

Total assets (EOY): $93,963,943
Total liabilities (EOY): $0
Net assets (EOY): $93,963,943
Net assets (BOY): $381,101,416

Income & contributions

Employer contributions: $9,697,806
Participant contributions: $15,876,268
Total contributions: $26,994,556
Total income / additions: $86,382,978

Expenses & distributions

Benefits paid: $373,425,678
Administrative expenses: $94,773
Total expenses: $373,520,451
Net increase / (decrease): -$287,137,473

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Empower Annuity Insur Co Of America	RECORDKEEPER	$90,237	$0	2023