2023 Form 5500 filing — Magellan Health, Inc. Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240816092220NAL0030053970001) for Magellan Health, Inc. Retirement Savings Plan, reported by Magellan Health, Inc. under EIN 58-1076937 and plan number 001. It reports 12,494 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240816092220NAL0030053970001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magellan Health, Inc.
- EIN
- 58-1076937
- Plan number
- 001
- Location
- Maryland Heights, MO
- Participants
- 12,494
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $614,086,517
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $614,086,517
- Employer contributions
- $9,646,080
- Participant contributions
- $29,377,994
- Total income / additions
- $144,425,804
- Benefits paid
- $167,706,566
- Administrative expenses
- $612,416
- Total expenses
- $169,051,260
- Net increase / (decrease)
- -$24,625,456
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $611,816 | not reported in the loaded dataset |
| Qdro Consultants | NONE | $600 | not reported in the loaded dataset |