Magellan Midstream Holdings GP, LLC
77
Plan:
Magellan 401k Plan
31
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (77) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $56,600 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
Magellan 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Salary Deferral. Magellan 401k Plan currently has over 1,300 active participants and over $74.3M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 22186 Mail Drop 28
Tulsa, OK 74121-2186 |
| Industry | Transportation and Warehousing |
| Administrator | Brenda Hayes |
| Sponsor | John D. Chandler |
| Net Plan Assets | $74,300,000 |
| Total Participants | 1,300 |
| Avg Account Balance | $57,000 |
Compare Other Companies in Peer Group
| TransCanada USA Services | 84.2 |
| Targa Resources | 80.4 |
| NuStar GP, LLC | 77.5 |
| Boardwalk Pipeline Partners, LP | 77.4 |
| TransCore LP | 69.4 |
| Karl Schmidt Unisia | 58.2 |
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