Marathon Petroleum Retirement Plan — Form 5500 plan (Marathon Petroleum Company Lp)
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, Marathon Petroleum Retirement Plan is a benefit plan reported by Marathon Petroleum Company Lp under EIN 31-1537655 and plan number 001. The latest loaded filing year is 2023. The filing reports 22,827 participants and $2,059,462,508 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Marathon Petroleum Company Lp
- EIN
- 31-1537655
- Plan number
- 001
- Plan type
- 2
- Location
- Findlay, OH
- Latest filing year
- 2023
- Participants
- 22,827
- End-of-year plan assets
- $2,059,462,508
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 22,827 | H, C | 20241015115400NAL0047688544001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,059,462,508
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,059,462,508
- Net assets (BOY)
- $1,957,604,101
Income & contributions
- Employer contributions
- $92,000,000
- Total contributions
- $92,000,000
- Total income / additions
- $337,609,097
Expenses & distributions
- Benefits paid
- $229,178,639
- Administrative expenses
- $6,572,051
- Total expenses
- $235,750,690
- Net increase / (decrease)
- $101,858,407
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pacific Investment Management Co. | NONE | $1,031,741 | $0 | 2023 |
| Mfs International | NONE | $757,899 | $0 | 2023 |
| Kayne Anderson Rudnick | NONE | $432,528 | $0 | 2023 |
| Ninety One | NONE | $411,144 | not reported in the loaded dataset | 2023 |
| Blackrock | NONE | $350,727 | $0 | 2023 |
| Aon Investment Consulting, LLC | NONE | $246,312 | not reported in the loaded dataset | 2023 |
| R.V. Kuhns & Associates | NONE | $225,406 | not reported in the loaded dataset | 2023 |
| Northern Trust Company | TRUSTEE | $177,249 | $0 | 2023 |
| Hamilton Lane Advisors, LLC | NONE | $51,159 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Marathon Petroleum Company Lp
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Findlay, OH
- Pacific Investment Management Co. — Schedule C compensation
- Mfs International — Schedule C compensation
- Kayne Anderson Rudnick — Schedule C compensation
- Ninety One — Schedule C compensation
- Blackrock — Schedule C compensation
- Aon Investment Consulting, LLC — Schedule C compensation
- R.V. Kuhns & Associates — Schedule C compensation
- Northern Trust Company — Schedule C compensation
- Hamilton Lane Advisors, LLC — Schedule C compensation