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Company:
Marathon Oil Company
Plan:
Marathon Oil Company Thrift Plan
 

Marathon Oil Company

86 Plan: Marathon Oil Company Thrift Plan

 
 
86
38
75
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (86) and the top rated plan (91) could equate to:
[How is this calculated?]
4 additional years of work
Up to $24,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Marathon Oil Company Thrift Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Marathon Oil Company Thrift Plan currently has over 4,100 active participants and over $1.2B in plan assets.


 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Chase Manhattan Bank Sub-Advised Guaranteed Investment Contract 12%
2. Marathon Oil Corporation Common Stock 10%
3. American General Sub-Advised Guaranteed Investment Contract 9%

 Retirement Plan Details

Address 5555 San Felipe Road
Houston, TX 77056-2723 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Lori Glawe
Net Plan Assets $1,170,000,000
Total Participants 4,100
Avg Account Balance $300,000

  Plan Service Providers

Recordkeeper Fidelity
Consultant Financial Engines
Auditor Mcconnell & Jones LLP