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

Marathon Petroleum Company Lp 401(k) Plan Facts

Plan name
MARATHON PETROLEUM THRIFT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MARATHON PETROLEUM COMPANY LP
Participants
28,940 (18,320 active employees)
Former employees with a balance
9,193
Plan assets
$8,325,133,144 at Dec 31, 2024
Average account balance
$301,493 across 27,613 accounts
Employer contributions
$180,274,647 in plan year 2024 (34% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 2011
✓ 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 Oct 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $525.7 million went into the plan in contributions, $180.3 million of it from the employer (34%).
  • $721.5 million was paid out to participants.
  • Investment and other income added $1.01 billion.
  • Administrative expenses were $1.77 million, about $64 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201950,936$5.89 billion$213.2 million$439.4 million
202071,213$6.55 billion—$725.3 million
202169,785$7.16 billion—$1.15 billion
202231,846$6.37 billion—$746.1 million
202329,740$7.51 billion—$645.0 million
202428,940$8.33 billion$180.3 million$721.5 million

Marathon Petroleum Company Lp 401(k) Contact Information

Phone
419-422-2121
Mailing address
539 SOUTH MAIN STREET, FINDLAY OH 45840
Plan sponsor
MARATHON PETROLEUM COMPANY LP
Plan administrator
DUANE F BOECKER PLAN ADMINISTRATOR
Employer identification number (EIN)
31-1537655
Plan number
010

Questions about the Marathon Petroleum Company Lp 401(k)

Does Marathon Petroleum Company Lp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $180.3 million, 34% of all contributions.

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

No. The plan does not report automatic enrollment; employees enroll themselves.

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

28,940 participants at the start of plan year 2024, 18,320 of them active employees, and 9,193 former employees who still had money in the plan.

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

About $301,493 per account: $8.33 billion in plan assets across 27,613 accounts with a balance at the end of plan year 2024.

Who manages the Marathon Petroleum Company Lp 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Marathon Petroleum Company Lp. 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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