Defined Benefit (Pension) · DOL Form 5500 · 2024

Mcwane, Inc. Pension Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
108
Participants Small participant base
74th
Percentile by assets National rank
$222,013
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

$24M in assets, 108 participants

Mcwane, Inc.'s Kennedy Valve Factory Employees Pension Plan reported $24M in total assets and 108 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,357 in Manufacturing (17,777 peers)

Coverage in Alabama

Kennedy Valve Factory Employees Pension Plan covers 108 participants in Alabama, about 30% of the average Alabama filer (state average ~360 per filing). Assets: $24M.

#11,357
in Manufacturing (17,777 peers)
-3.7%
assets change YoY

The plan reported a net loss of $920K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$23,977,394 Top 26% higher than 74% 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

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

Plan-year 2024 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 (108 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kennedy Valve Factory Employees Pension Plan reported net income fell from $27K in the plan year 2023 filing to -$920K in the plan year 2024 filing.
  • Kennedy Valve Factory Employees Pension Plan reported participants fell from 115 in the plan year 2023 filing to 108 in the plan year 2024 filing.
  • Kennedy Valve Factory Employees Pension Plan end-of-year assets fell from $25M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 630139000 · Mcwane, Inc. PY 2024 · Defined Benefit (Pension)

Kennedy Valve Factory Employees Pension Plan · $24M · 108 · 74th

  • EBSA $24M
  • PART 108
  • TYPE 74th
  • NET Defined Benefit (Pension)
  • BOOK near Mettel Vip Plan
  • VS-ST ind #11357

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

Retirement Plan for Employees of Louisiana Machinery Company, L.L.C.Retirement Plan for Employee…$24MG.O. Carlson, Inc. Hourly Employees' Pension Plan for Represented EmployeesG.O. Carlson, Inc. Hourly Em…$24MKennedy Valve Factory Employees Pension PlanKennedy Valve Factory Employ…$24MMettel Vip Plan$24MGreat Plains Communications LLC & Adopting Affiliates Employees' Pension PlanGreat Plains Communications …$24M
End-of-year total assets ($M) among Kennedy Valve Factory Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$24M
Net Income-$920K
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. 05001000150020002500 -0.500.511.5 Total assets ($B) Participants Kennedy Valve Factory Employees Pension Plan, Total assets ($B): 0.023977394 · Participants: 108Kennedy Valve Factory Employees Pension PlanRegions Financial Corporation Retirement Plan, Total assets ($B): 1.152174116 · Participants: 282Regions Financial Corporation Retirement PlanBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.711879241 · Participants: 1955Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.708134818 · Participants: 2240Regions Financial Corporation Retirement Plan for AssociatesRetail, Wholesale & Department Store International Union and Industry Pension Fund, Total assets ($B): 0.61892099 · Participants: 1556Retail, Wholesale & Department Store International Union and Industry Pension FundVulcan Materials Company Pension Plan, Total assets ($B): 0.471253992 · Participants: 740Vulcan Materials 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 Mettel Vip Plan in NY ($24M); by covered participants it is Nortek Retirement Plan in WI (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Kennedy Valve Factory Employees Pension Plan assets move in 2024? ▼
Kennedy Valve Factory Employees Pension Plan edged down modestly - down 3.7% during 2024, from $25M to $24M. Reported net income was -$920K.
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.
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 Mettel Vip Plan in NY ($24M, 147 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 Nortek Retirement Plan in WI (108 participants, $43M 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.