Plan Snapshot
- Plan Sponsor: Marathon Oil Company
- Sponsor EIN: 251410539
- Sponsor Address: 935 NORTH ELDRIDGE PARKWAY, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 1,059
- Total Assets: $923.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,059 | $923.2M | $13.0M | $21.4M |
| 2023 | 1,279 | $882.7M | $12.3M | $20.9M |
| 2022 | 1,177 | $835.4M | $11.6M | $18.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MCCONNELL & JONES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCCONNELL & JONES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $307,495 | $204,402 | — | — | — |
| 2023 | $350,252 | $208,879 | — | — | — |
| 2022 | $177,445 | — | — | — | $177,445 |