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 Health, Inc. Retirement Savings Plan is a benefit plan reported by Magellan Health, Inc. under EIN 58-1076937 and plan number 001. The latest loaded filing year is 2023. The filing reports 12,494 participants and $614,086,517 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $614,086,517
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $614,086,517
- Net assets (BOY)
- $638,711,973
Income & contributions
- Employer contributions
- $9,646,080
- Participant contributions
- $29,377,994
- Total contributions
- $44,973,390
- Total income / additions
- $144,425,804
Expenses & distributions
- Benefits paid
- $167,706,566
- Administrative expenses
- $612,416
- Total expenses
- $169,051,260
- Net increase / (decrease)
- -$24,625,456