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.
Reported financial statement (2023 · Schedule H)
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