Defined Benefit (Pension) · DOL Form 5500 · 2023

Mcwane, Inc. Pension Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
115
Participants Small participant base
76th
Percentile by assets National rank
$216,500
Avg per participant Above avg balance/head
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Official DOL plan name: Kennedy Valve Factory Employees Pension Plan · Sponsored by Mcwane, Inc. · Alabama · Manufacturing

$25M in assets, 115 participants

Mcwane, Inc.'s Kennedy Valve Factory Employees Pension Plan reported $25M in total assets and 115 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,601 in Manufacturing (18,722 peers)

Coverage in Alabama

Kennedy Valve Factory Employees Pension Plan covers 115 participants in Alabama, about 32% of the average Alabama filer (state average ~360 per filing). Assets: $25M.

#12,601
in Manufacturing (18,722 peers)
+0.1%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Kennedy Valve Factory Employees Pension Plan's outsized position by total assets

Kennedy Valve Factory Employees Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$24,897,537 Top 24% higher than 76% 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

Kennedy Valve Factory Employees Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kennedy Valve Factory Employees Pension Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kennedy Valve Factory Employees Pension Plan reported net income rose from -$5M in the plan year 2022 filing to $27K in the plan year 2023 filing.
  • Kennedy Valve Factory Employees Pension Plan reported participants fell from 131 in the plan year 2022 filing to 115 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 630139000 · Mcwane, Inc. PY 2023 · Defined Benefit (Pension)

Kennedy Valve Factory Employees Pension Plan · $25M · 115 · 76th

  • NET $25M
  • BOOK 115
  • VS-ST 76th
  • BOY Defined Benefit (Pension)
  • SCH near Retirement & Benefit Plan of Guest Services, Inc.
  • EBSA ind #12601

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 →

Kennedy Valve Factory Employees Pension Plan in the asset neighbourhood

Kennedy Valve Factory Employees Pension PlanKennedy Valve Factory Employ…$25MRetirement & Benefit Plan of Guest Services, Inc.Retirement & Benefit Plan of…$25MRoofers Local No. 88 Pension FundRoofers Local No. 88 Pension…$25MVituity Retirement Plan for Cep PhysiciansVituity Retirement Plan for …$25MVantage Credit Union Defined Benefit PlanVantage Credit Union Defined…$25M
End-of-year total assets ($M) among Kennedy Valve Factory Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$25M
Net Income$27K
Employer EIN630139000
Plan Effective Date1956-04-02
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 Defined Benefit (Pension) Plans in Alabama

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Kennedy Valve Factory Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0100020003000 -0.500.511.5 Total assets ($B) Participants Kennedy Valve Factory Employees Pension Plan, Total assets ($B): 0.024897537 · Participants: 115Kennedy Valve Factory Employees Pension PlanRegions Financial Corporation Retirement Plan, Total assets ($B): 1.23300032 · Participants: 292Regions Financial Corporation Retirement PlanBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.737313284 · Participants: 2014Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.716301272 · Participants: 2395Regions Financial Corporation Retirement Plan for AssociatesVulcan Materials Company Pension Plan, Total assets ($B): 0.507585545 · Participants: 776Vulcan Materials Company Pension PlanAmerican Cast Iron Pipe Company Pension Plan, Total assets ($B): 0.440237888 · Participants: 832American Cast Iron Pipe Company Pension Plan
Kennedy Valve Factory Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
Compare Kennedy Valve Factory Employees Pension Plan side-by-side with 3 peers →

Kennedy Valve Factory Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Retirement & Benefit Plan of Guest Services, Inc. in VA ($25M); by covered participants it is Retirement Plan for Employees of Diamond V Mills, LLC. in IA (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Kennedy Valve Factory Employees Pension Plan assets move in 2023? ▼
Kennedy Valve Factory Employees Pension Plan held essentially flat - up 0.1% during 2023, from $25M to $25M. Reported net income was $27K.
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 Kennedy Valve Factory Employees Pension Plan rank by assets among Form 5500 filers? ▼
Kennedy Valve Factory Employees Pension Plan ranks in the 76th 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 Defined Benefit (Pension) plans are similar in size to Kennedy Valve Factory Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement & Benefit Plan of Guest Services, Inc. in VA ($25M, 22 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Kennedy Valve Factory Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Diamond V Mills, LLC. in IA (115 participants, N/A 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.