Defined Benefit (Pension) · DOL Form 5500 · 2023

Mcwane, Inc. Pension Plan

Data updated 2026-08-25

$139M
Total assets Near avg plan size
643
Participants Below avg headcount
93rd
Percentile by assets National rank
$216,771
Avg per participant Above avg balance/head
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Official DOL plan name: Mcwane Hourly Pension Plan · Sponsored by Mcwane, Inc. · Alabama · Manufacturing

$139M in assets, 643 participants

Mcwane, Inc.'s Mcwane Hourly Pension Plan reported $139M in total assets and 643 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,768 in Manufacturing (18,722 peers)

Where Mcwane Hourly Pension Plan sits by assets

Mcwane Hourly Pension Plan sits in the top 10% of all filed plans by assets, $139M for 643 participants (~$216,771/participant), up 0.7% in 2023.

#16,768
in Manufacturing (18,722 peers)
+0.7%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Mcwane Hourly Pension Plan's outsized position by total assets

Mcwane Hourly Pension Plan vs every filed plan by assets

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

$139,383,752 Top 7% higher than 93% 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 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. Mcwane Hourly Pension Plan sits mid-pack in the medium band (643 participants).

Published 5500 schedule card

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

Mcwane Hourly Pension Plan · $139M · 643 · 93rd

  • IND $139M
  • IND 643
  • IND 93rd
  • IND Defined Benefit (Pension)
  • IND near Bashas' Employees Defined Benefit Pension Plan and Trust
  • IND ind #16768

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 Pension Plan in the asset neighbourhood

Plumbers Local 27 Pension FundPlumbers Local 27 Pension Fu…$139MAdjustable Plan of the National Retirement FundAdjustable Plan of the Natio…$139MAlcoa Subsidiaries Merged Inactive PlanAlcoa Subsidiaries Merged In…$139MMcwane Hourly Pension Plan$139MBashas' Employees Defined Benefit Pension Plan and TrustBashas' Employees Defined Be…$139M
End-of-year total assets ($M) among Mcwane Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$138M
Net Assets (End of Year)$139M
Net Income$923K
Employer EIN630139000
Plan Effective Date1949-11-15
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.

Mcwane Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 00.511.5 Total assets ($B) Participants Mcwane Hourly Pension Plan, Total assets ($B): 0.139383752 · Participants: 643Mcwane Hourly 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
Mcwane Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
Compare Mcwane Hourly Pension Plan side-by-side with 3 peers →

Mcwane Hourly Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Bashas' Employees Defined Benefit Pension Plan and Trust in CA ($139M); by covered participants it is Hawaii Iron Workers' Pension Plan in HI (643 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($139M here).

Similar participant headcount

Nearest other-state filings by covered participants (643 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 Pension Plan assets move in 2023? ▼
Mcwane Hourly Pension Plan held essentially flat - up 0.7% during 2023, from $138M to $139M. Reported net income was $923K.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Mcwane Hourly Pension Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Mcwane Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bashas' Employees Defined Benefit Pension Plan and Trust in CA ($139M, 1,882 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mcwane Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawaii Iron Workers' Pension Plan in HI (643 participants, $171M 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.