Marathon Oil Company 401(k) Plan: Login, Facts & Contact Information

Marathon Oil Company 401(k) Plan Facts

Plan name
MARATHON OIL COMPANY THRIFT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MARATHON OIL COMPANY
Participants
2,496 (1,059 active employees)
Former employees with a balance
1,076
Plan assets
$923,176,526 at Dec 31, 2024
Average account balance
$397,749 across 2,321 accounts
Employer contributions
$13,037,603 in plan year 2024 (35% of all contributions)
Recordkeeper
Fid Inv Inst Ops Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Nov 1, 1953
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $37.2 million went into the plan in contributions, $13.0 million of it from the employer (35%).
  • $132.6 million was paid out to participants.
  • Investment and other income added $136.1 million.
  • Administrative expenses were $307,495, about $132 per account.

How the Marathon Oil Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,244$970.0 million$14.9 million$155.6 million
20203,082$1.02 billion$13.1 million$134.5 million
20212,814$1.06 billion$10.3 million$134.0 million
20222,524$835.4 million$11.6 million$111.8 million
20232,502$882.7 million$12.3 million$135.5 million
20242,496$923.2 million$13.0 million$132.6 million

Marathon Oil Company 401(k) Contact Information

Phone
713-629-6600
Mailing address
935 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77079
Plan sponsor
MARATHON OIL COMPANY
Plan administrator
CONOCOPHILLIPS COMPANY BENEFITS COMMITTEE
Employer identification number (EIN)
25-1410539
Plan number
003

Questions about the Marathon Oil Company 401(k)

Does Marathon Oil Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $13.0 million, 35% of all contributions.

Does the Marathon Oil Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Marathon Oil Company 401(k) plan?

2,496 participants at the start of plan year 2024, 1,059 of them active employees, and 1,076 former employees who still had money in the plan.

What is the average 401(k) balance at Marathon Oil Company?

About $397,749 per account: $923.2 million in plan assets across 2,321 accounts with a balance at the end of plan year 2024.

Who manages the Marathon Oil Company 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FID INV INST OPS CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Marathon Oil Company. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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