401(k) · DOL Form 5500 · 2023

Mcwane, Inc. 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
2,598
Participants Above avg headcount
84th
Percentile by assets National rank
$16,291
Avg per participant Low balance/head
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Official DOL plan name: Mcwane Hourly 401(k) Retirement Plan · Sponsored by Mcwane, Inc. · Alabama · Manufacturing

$42M in assets, 2,598 participants

Mcwane, Inc.'s Mcwane Hourly 401(k) Retirement Plan reported $42M in total assets and 2,598 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #14,370 in Manufacturing (18,722 peers)

Coverage in Alabama

Mcwane Hourly 401(k) Retirement Plan covers 2,598 participants in Alabama, 7.2x the typical Alabama plan (state average ~360 per filing). Assets: $42M.

#14,370
in Manufacturing (18,722 peers)
+20.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$42,323,080 Top 16% higher than 84% of 127,068 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 2023

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

Plan-year 2023 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 (2,598 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcwane Hourly 401(k) Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Mcwane Hourly 401(k) Retirement Plan end-of-year assets rose from $35M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Mcwane Hourly 401(k) Retirement Plan reported participants rose from 2,475 in the plan year 2022 filing to 2,598 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 630139000 · Mcwane, Inc. PY 2023 · 401(k)

Mcwane Hourly 401(k) Retirement Plan · $42M · 2,598 · 84th

  • EOY $42M
  • 5500 2,598
  • ASSETS 84th
  • PCT 401(k)
  • EIN near Inspirato LLC 401(k) Plan
  • RANK ind #14370

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

Motion and Flow Control Products, Inc. 401(k) PlanMotion and Flow Control Prod…$42MMcwane Hourly 401(k) Retirement PlanMcwane Hourly 401(k) Retirem…$42MInspirato LLC 401(k) Plan$42MGlobal Communities 401(k) Profit Sharing PlanGlobal Communities 401(k) Pr…$42MJasco Products Company LLC 401(k) Profit Sharing PlanJasco Products Company LLC 4…$42M
End-of-year total assets ($M) among Mcwane Hourly 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$42M
Net Income$7M
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. -100000100002000030000 -10123 Total assets ($B) Participants Mcwane Hourly 401(k) Retirement Plan, Total assets ($B): 0.04232308 · Participants: 2598Mcwane Hourly 401(k) Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-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
Compare Mcwane Hourly 401(k) Retirement Plan side-by-side with 3 peers →

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 Inspirato LLC 401(k) Plan in CO ($42M); by covered participants it is Vitesco Technologies USA, LLC 401(k) Plan in MI (2,598 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,598 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Mcwane Hourly 401(k) Retirement Plan grew sharply - up 20.5% during 2023, from $35M to $42M. Reported net income was $7M.
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 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Inspirato LLC 401(k) Plan in CO ($42M, 851 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 Vitesco Technologies USA, LLC 401(k) Plan in MI (2,598 participants, $527M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 630139000.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.