Plan Snapshot
- Plan Sponsor: Marathon Oil Company
- Sponsor EIN: 251410539
- Sponsor Address: 935 NORTH ELDRIDGE PARKWAY, HOUSTON, TX, 77079
- Plan Type: DB
- Total Participants: 1,051
- Total Assets: $241.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,051 | $241.1M | $49.6M | $0 |
| 2023 | 1,273 | $194.9M | $23.4M | $0 |
| 2022 | 1,170 | $173.0M | $24.2M | $0 |
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 |
|---|---|---|---|---|
| MCCONNEL AND JONES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCCONNEL AND 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 | $2,576,460 | $956,385 | — | — | — |
| 2023 | $3,254,230 | $957,137 | — | — | — |
| 2022 | $3,098,445 | $909,431 | — | — | $220,747 |