401(k) · DOL Form 5500 · 2022

Mcwane, Inc. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
2,475
Participants Above avg headcount
85th
Percentile by assets National rank
$14,196
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mcwane Hourly 401(k) Retirement Plan · Sponsored by Mcwane, Inc. · Alabama · Manufacturing

$35M in assets, 2,475 participants

Mcwane, Inc.'s Mcwane Hourly 401(k) Retirement Plan reported $35M in total assets and 2,475 participants in its 2022 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,063 in Manufacturing (20,602 peers)

Coverage in Alabama

Mcwane Hourly 401(k) Retirement Plan covers 2,475 participants in Alabama, 6.9x the typical Alabama plan (state average ~360 per filing). Assets: $35M.

#16,063
in Manufacturing (20,602 peers)
-6.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcwane Hourly 401(k) Retirement Plan's outsized position by total assets

Mcwane Hourly 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$35,134,242 Top 15% higher than 85% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Mcwane Hourly 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcwane Hourly 401(k) Retirement Plan lands in the large band (2,475 participants).

EBSA filing schedule strip

Filing strip 630139000 · Mcwane, Inc. PY 2022 · 401(k)

Mcwane Hourly 401(k) Retirement Plan · $35M · 2,475 · 85th

  • ASSETS $35M
  • PCT 2,475
  • EIN 85th
  • RANK 401(k)
  • PHOTO near 401(k)/Profit Sharing Retirement Plan of the Shockey Companies
  • IND ind #16063

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Alabama →

Mcwane Hourly 401(k) Retirement Plan in the asset neighbourhood

Mcwane Hourly 401(k) Retirement PlanMcwane Hourly 401(k) Retirem…$35M401(k)/Profit Sharing Retirement Plan of the Shockey Companies401(k)/Profit Sharing Retire…$35MTrafigura Trading LLC Retirement Savings PlanTrafigura Trading LLC Retire…$35MF.H. Paschen Companies Retirement Savings PlanF.H. Paschen Companies Retir…$35MManhattan Insurance Group, Inc. 401(k) PlanManhattan Insurance Group, I…$35M
End-of-year total assets ($M) among Mcwane Hourly 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$35M
Net Income-$2M
Employer EIN630139000
Plan Effective Date2006-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcwane, Inc.)

Sponsor-wide plan assets over time

All Mcwane, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$699M 159.9181337486007% vs 2022
2024 filing year
$200M$400M$600M$800M 202220232024 $269M $699M ▲ +159.9%
Year Plans Participants Total Assets
2022 14 5,717 $269M
2023 9 5,718 $676M
2024 8 4,991 $699M

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mcwane Hourly 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -10123 Total assets ($B) Participants Mcwane Hourly 401(k) Retirement Plan, Total assets ($B): 0.035134242 · Participants: 2475Mcwane Hourly 401(k) Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Mcwane Hourly 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Mcwane Hourly 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is 401(k)/Profit Sharing Retirement Plan of the Shockey Companies in VA ($35M); by covered participants it is Security 401(k) Profit-Sharing and Savings Plan in SC (2,475 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,475 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mcwane Hourly 401(k) Retirement Plan assets move in 2022?
Mcwane Hourly 401(k) Retirement Plan pulled back noticeably - down 6.9% during 2022, from $38M to $35M. Reported net income was -$2M.
How have Mcwane, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcwane, Inc.'s sponsor-wide assets grew 159.9%, from $269M to $699M.
Where does Mcwane Hourly 401(k) Retirement Plan rank by assets among Form 5500 filers?
Mcwane Hourly 401(k) Retirement Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mcwane Hourly 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is 401(k)/Profit Sharing Retirement Plan of the Shockey Companies in VA ($35M, 107 participants).
Which 401(k) plans cover a similar participant headcount to Mcwane Hourly 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Security 401(k) Profit-Sharing and Savings Plan in SC (2,475 participants, $86M in assets).