Who We Help
Financial Planning for
Marathon Petroleum
Employees.
MPC offers one of the most comprehensive benefits packages in the energy sector. We help you get the most out of all of it — 401(k), pension, HSA, equity comp, and deferred compensation — coordinated into one clear plan.
Who This Is For
Helping MPC Employees Turn Great Benefits Into Real Retirement Security.
Marathon Petroleum offers some of the richest benefits in the energy sector. But a generous package only helps if you understand what you have, how each piece works, and how to coordinate them into a unified plan.
Most employees manage their 401(k) and ignore the rest. That is a real cost. Deferred comp elections, HSA investing, stock concentration, and pension timing decisions can collectively represent hundreds of thousands of dollars over a career.
We specialize in helping MPC employees see the full picture and build a plan that makes every benefit work harder.
We understand how Marathon's benefit structure works — pension formulas, ESOP mechanics, deferred comp windows — and build plans around those specifics, not generic templates.
Our job is to give you the most useful guidance possible — not to sell products tied to your employer's platform.
Deferred comp elections, Roth conversions, and pension start dates all have windows. We help you act before they close — when there is still time for decisions to matter.
What We Do
Key Areas Where We Help MPC Employees.
401(k) & After-Tax Strategy
Map out how to maximize contributions — including after-tax deferrals and Roth conversion strategies that go beyond the standard deferral limit.
Pension Income Coordination
Integrate your defined benefit pension into a broader retirement income plan so each income stream is timed correctly and taxed as efficiently as possible.
Company Stock & ESOP Strategy
Evaluate when and how to diversify RSUs, stock options, and ESOP shares to reduce concentration risk without triggering avoidable taxes.
Deferred Compensation Planning
Structure distribution elections and timing to minimize taxes on deferred comp — decisions that must be made before the deferral year begins, not after.
HSA Maximization
Most employees spend their HSA each year. We help model whether investing it long-term as a tax-free medical reserve could materially change retirement income.
Retirement Transition Planning
Coordinate pension start date, 401(k) distributions, Social Security timing, and deferred comp to build a tax-efficient income plan from day one of retirement.
Your Benefits at a Glance
Understanding
Your Full Package.
MPC's benefits are layered — and each has its own tax treatment, timing rules, and planning implications. Here is an overview of the four main pieces most employees need to understand before making any major financial decisions.
401(k) Plan
- Roth 401(k) option available
- After-tax contributions may unlock mega backdoor Roth
- Total account limit up to $69K with employer contributions
- Most flexible and highest-impact vehicle
Pension Plan
- Guaranteed monthly income for life
- Employer bears all investment risk
- Pension + 401(k) coordination is critical
- Start date election permanently affects payout
HSA (Saver Plan)
- Contributions pre-tax, growth tax-free
- Withdrawals for medical expenses tax-free
- Unused balance rolls over indefinitely
- Can be invested and compounded long-term
Equity Compensation
- RSUs vest and are taxed as ordinary income
- Stock options require a formal exercise strategy
- Concentration risk compounds over time
- Diversification plan is essential
Contribution limits and benefit structures are subject to change. A planning conversation is the fastest way to see how your specific situation fits together.
The Concentration Problem
Too Much of a Good Thing.
It is common for MPC employees to accumulate significant company stock through RSUs, ESOP, and 401(k) holdings over a career. Over time, that can mean 40% or more of net worth tied to a single company.
We help build a diversification roadmap that reduces concentration risk systematically — accounting for tax impact, vesting schedules, and your retirement timeline — without making emotionally reactive moves in either direction.
Benefits Coordination
Five Accounts, One Retirement.
Most MPC employees have a pension, 401(k), HSA, deferred comp, and equity compensation — each with different tax treatment, timing rules, and planning implications. Without a coordinated strategy, it is easy to leave money on the table or create unnecessary tax exposure.
We build a consolidated view of every benefit and help you make decisions that work together rather than in isolation.
Retirement Timing
The Decision That Shapes Everything.
Choosing a retirement date at Marathon is not just an HR question. It determines your pension election, when deferred comp distributions start, how you bridge healthcare to Medicare, and the tax bracket you spend your first retirement years in.
We model multiple retirement scenarios so you retire with clarity rather than regret.
Common Questions
Questions MPC Employees
Ask Us.
These are the questions we hear most from Marathon Petroleum employees trying to make smart decisions about their benefits and retirement timeline.
Book a Free CallDirect Roth IRA contributions phase out at higher incomes, but MPC employees may have access to after-tax 401(k) contributions with a subsequent Roth conversion — often called the mega backdoor Roth. Whether this applies depends on the plan documents, which we review as part of our process.
The right time depends on your tax situation, the stock price relative to your basis, your concentration level, and your retirement timeline. Each situation is different, and selling too fast or too slow both carry real costs that show up in your tax return.
Deferred comp distribution elections typically must be made before the deferral year begins — which is why planning ahead matters. The wrong distribution schedule can stack income in high-tax years at retirement when you least want it.
It depends on your cash flow and health situation. Employees who can afford to pay medical expenses out of pocket can let the HSA compound long-term and use it as a tax-free supplement to retirement income — essentially a secondary Roth with fewer restrictions.
The right retirement date for an MPC employee depends on pension vesting, deferred comp distribution windows, healthcare bridge costs, equity vesting schedules, and your personal financial runway. We build the model so you can see the real numbers before you decide.
Also Serving
We Also Specialize In.
Business Owners
Exit planning, retirement plan design, tax strategy, and succession — built for owners who need both sides of their financial life covered.
Learn MoreDuval County Public School Teachers
FRS pension guidance, DROP timing, 403(b) strategy, and retirement income planning tailored to Duval County educators.
Learn MoreReady to Build a Real Plan?
Let's Talk About Your
Benefits and Your Retirement.
The first call is free, takes 15 minutes, and gives you a clear picture of where you stand across all of your MPC benefits. No pressure, just an honest conversation.