Marathon Oil Company Thrift Plan — Form 5500 plan (Marathon Oil Company)

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 Oil Company Thrift Plan is a benefit plan reported by Marathon Oil Company under EIN 25-1410539 and plan number 003. The latest loaded filing year is 2023. The filing reports 2,502 participants and $882,736,154 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$882.7MPlan net assets, end of year$882,736,154
Participants2.5KCovered participants reported2,502
Assets / participant$352.8KComputed: assets ÷ participants$352,812 (computed)
Provider compensation$350.8K2 Schedule C provider row(s)$350,789
Plan sponsor
Marathon Oil Company
EIN
25-1410539
Plan number
003
Plan type
2
Location
Houston, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,502H, C20240906160755NAL0000702851001
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)$882.7M total assets
Net assets$882.7MLiabilities$0
Money in vs. money out
Total income / additions$183.2M
Total expenses$135.9M
Benefits paid / distributions$135.5M
Contributions
Employer$12.3M
Participant$20.9M
Full reported line items

Net assets

Total assets (EOY)
$882,736,154
Total liabilities (EOY)
$0
Net assets (EOY)
$882,736,154
Net assets (BOY)
$835,401,411

Income & contributions

Employer contributions
$12,299,778
Participant contributions
$20,894,425
Total contributions
$43,523,581
Total income / additions
$183,190,776

Expenses & distributions

Benefits paid
$135,505,781
Administrative expenses
$350,252
Total expenses
$135,856,033
Net increase / (decrease)
$47,334,743
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income74%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.NONE$208,879not reported in the loaded dataset2023
Fid Inv Inst Ops CoNONE$141,910$02023

Related Form 5500 pages