401(k) · DOL Form 5500 · 2024

Mcwane, Inc. 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
2,098
Participants Near avg headcount
84th
Percentile by assets National rank
$24,325
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

$51M in assets, 2,098 participants

Mcwane, Inc.'s Mcwane Hourly 401(k) Retirement Plan reported $51M in total assets and 2,098 participants in its 2024 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.

  • #13,824 in Manufacturing (17,777 peers)

Coverage in Alabama

Mcwane Hourly 401(k) Retirement Plan covers 2,098 participants in Alabama, 5.8x the typical Alabama plan (state average ~360 per filing). Assets: $51M.

#13,824
in Manufacturing (17,777 peers)
+20.6%
assets growth YoY
0.5×
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 2024 · DOL Form 5500

$51,032,934 Top 16% higher than 84% of 123,620 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 2024

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

Plan-year 2024 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 (2,098 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcwane Hourly 401(k) Retirement Plan reported net income rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Mcwane Hourly 401(k) Retirement Plan end-of-year assets rose from $42M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Mcwane Hourly 401(k) Retirement Plan reported participants fell from 2,598 in the plan year 2023 filing to 2,098 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 630139000 · Mcwane, Inc. PY 2024 · 401(k)

Mcwane Hourly 401(k) Retirement Plan · $51M · 2,098 · 84th

  • PCT $51M
  • EIN 2,098
  • RANK 84th
  • PHOTO 401(k)
  • IND near Aaos Retirement Plan
  • EOY ind #13824

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

Leadventure 401(k) Savings PlanLeadventure 401(k) Savings P…$51MRauland-Borg Corporation Profit Sharing & Retirement Savings PlanRauland-Borg Corporation Pro…$51MAmeriqual 401(k) Plan$51MMcwane Hourly 401(k) Retirement PlanMcwane Hourly 401(k) Retirem…$51MAaos Retirement Plan$51M
End-of-year total assets ($M) among Mcwane Hourly 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$51M
Net Income$9M
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. 010000200003000040000 -101234 Total assets ($B) Participants Mcwane Hourly 401(k) Retirement Plan, Total assets ($B): 0.051032934 · Participants: 2098Mcwane Hourly 401(k) Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-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 Aaos Retirement Plan in IL ($51M); by covered participants it is Creative Planning Companies Employer Retirement Contribution Plan in KS (2,098 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($51M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,098 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Mcwane Hourly 401(k) Retirement Plan grew sharply - up 20.6% during 2024, from $42M to $51M. Reported net income was $9M.
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 123,622 plans that reported assets for plan year 2024 (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 Aaos Retirement Plan in IL ($51M, 213 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 Creative Planning Companies Employer Retirement Contribution Plan in KS (2,098 participants, $270M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.