Marathon Petroleum Thrift 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 Thrift Plan is a benefit plan reported by Marathon Petroleum Company Lp under EIN 31-1537655 and plan number 010. The latest loaded filing year is 2023. The filing reports 29,740 participants and $7,514,568,027 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
010
Plan type
2
Location
Findlay, OH
Latest filing year
2023
Participants
29,740
End-of-year plan assets
$7,514,568,027

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202329,740H, C20241014200824NAL0028212849001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,514,568,027
Total liabilities (EOY)
$0
Net assets (EOY)
$7,514,568,027
Net assets (BOY)
$6,371,480,588

Income & contributions

Participant contributions
$276,625,440
Total contributions
$518,835,125
Total income / additions
$1,790,123,509

Expenses & distributions

Benefits paid
$645,042,655
Administrative expenses
$1,993,415
Total expenses
$647,036,070
Net increase / (decrease)
$1,143,087,439

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, IncADVISOR$1,638,371not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$366,756$02023

Related Form 5500 pages