Defined Benefit (Pension) · DOL Form 5500 · 2024

Mcwane, Inc. Pension Plan

Data updated 2026-08-25

$211M
Total assets Near avg plan size
113
Participants Small participant base
94th
Percentile by assets National rank
$1.9M
Avg per participant High balance/head
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Official DOL plan name: Mcwane Pension Plan for Salaried Employees · Sponsored by Mcwane, Inc. · Alabama · Manufacturing

$211M in assets, 113 participants

Mcwane, Inc.'s Mcwane Pension Plan for Salaried Employees reported $211M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,271 in Manufacturing (17,777 peers)

Coverage in Alabama

Mcwane Pension Plan for Salaried Employees covers 113 participants in Alabama, about 31% of the average Alabama filer (state average ~360 per filing). Assets: $211M.

#16,271
in Manufacturing (17,777 peers)
-5.2%
assets change YoY
2.1×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcwane Pension Plan for Salaried Employees's outsized position by total assets

Mcwane Pension Plan for Salaried Employees vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$211,356,612 Top 6% higher than 94% 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 Pension Plan for Salaried Employees 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. Mcwane Pension Plan for Salaried Employees sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcwane Pension Plan for Salaried Employees reported net income fell from $506K in the plan year 2023 filing to -$11M in the plan year 2024 filing.
  • Mcwane Pension Plan for Salaried Employees end-of-year assets fell from $223M in the plan year 2023 filing to $211M in the plan year 2024 filing.
  • Mcwane Pension Plan for Salaried Employees reported participants fell from 119 in the plan year 2023 filing to 113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

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

Mcwane Pension Plan for Salaried Employees · $211M · 113 · 94th

  • PCT $211M
  • PCT 113
  • PCT 94th
  • PCT Defined Benefit (Pension)
  • PCT near Erc Retirement Plan
  • PCT ind #16271

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 Pension Plan for Salaried Employees in the asset neighbourhood

Plumbers & Pipefitters Local Union No. 572 Pension FundPlumbers & Pipefitters Local…$212MSheet Metal Workers Local No. 20, Indianapolis AreSheet Metal Workers Local No…$212MMcwane Pension Plan for Salaried EmployeesMcwane Pension Plan for Sala…$211MErc Retirement Plan$211MLocal 365 UAW Pension Fund$211M
End-of-year total assets ($M) among Mcwane Pension Plan for Salaried Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$223M
Net Assets (End of Year)$210M
Net Income-$11M
Employer EIN630139000
Plan Effective Date2022-12-31
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 Pension Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 00.511.5 Total assets ($B) Participants Mcwane Pension Plan for Salaried Employees, Total assets ($B): 0.211356612 · Participants: 113Mcwane Pension Plan for Salaried EmployeesRegions 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
Mcwane Pension Plan for Salaried Employees vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
Compare Mcwane Pension Plan for Salaried Employees side-by-side with 3 peers →

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

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Erc Retirement Plan in CT ($211M); by covered participants it is Hawthorn Bancshares, Inc. Retirement Plan in MO (113 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($211M here).

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Pension Plan for Salaried Employees assets move in 2024? ▼
Mcwane Pension Plan for Salaried Employees pulled back noticeably - down 5.2% during 2024, from $223M to $211M. Reported net income was -$11M.
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 Pension Plan for Salaried Employees rank by assets among Form 5500 filers? ▼
Mcwane Pension Plan for Salaried Employees ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Mcwane Pension Plan for Salaried Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Erc Retirement Plan in CT ($211M, 109 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mcwane Pension Plan for Salaried Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawthorn Bancshares, Inc. Retirement Plan in MO (113 participants, $41M 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.