Defined Benefit (Pension) · DOL Form 5500 · 2024

Mcwane, Inc. Pension Plan

Data updated 2026-08-25

$134M
Total assets Near avg plan size
574
Participants Below avg headcount
92nd
Percentile by assets National rank
$233,938
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

$134M in assets, 574 participants

Mcwane, Inc.'s Mcwane Hourly Pension Plan reported $134M in total assets and 574 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #15,734 in Manufacturing (17,777 peers)

Where Mcwane Hourly Pension Plan sits by assets

Mcwane Hourly Pension Plan sits in the top 10% of all filed plans by assets, $134M for 574 participants (~$233,938/participant), down 3.7% in 2024.

#15,734
in Manufacturing (17,777 peers)
-3.7%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$134,280,230 Top 8% higher than 92% 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 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. Mcwane Hourly Pension Plan sits mid-pack in the medium band (574 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcwane Hourly Pension Plan reported net income fell from $923K in the plan year 2023 filing to -$5M in the plan year 2024 filing.
  • Mcwane Hourly Pension Plan reported participants fell from 643 in the plan year 2023 filing to 574 in the plan year 2024 filing.
  • Mcwane Hourly Pension Plan end-of-year assets fell from $139M in the plan year 2023 filing to $134M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

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

Mcwane Hourly Pension Plan · $134M · 574 · 92nd

  • NET $134M
  • NET 574
  • NET 92nd
  • NET Defined Benefit (Pension)
  • NET near Vopak North America Inc. Retirement Plan
  • NET ind #15734

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

Wec Energy Group Legacy Retirement Account PlanWec Energy Group Legacy Reti…$135MMomentive Performance Materials Inc. Pension PlanMomentive Performance Materi…$135MMcwane Hourly Pension Plan$134MVopak North America Inc. Retirement PlanVopak North America Inc. Ret…$134MPaper Products, Misc. Chauffeurs, Warehousemen, Helpers, Messengers, Production & Office Workers Pension FundPaper Products, Misc. Chauff…$133M
End-of-year total assets ($M) among Mcwane Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$139M
Net Assets (End of Year)$134M
Net Income-$5M
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. 05001000150020002500 00.511.5 Total assets ($B) Participants Mcwane Hourly Pension Plan, Total assets ($B): 0.13428023 · Participants: 574Mcwane Hourly 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
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 Vopak North America Inc. Retirement Plan in TX ($134M); by covered participants it is Pension Plan of the Employers-Shopmen's Local 516 Pension Trust in OR (575 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (574 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 Pension Plan assets move in 2024? ▼
Mcwane Hourly Pension Plan edged down modestly - down 3.7% during 2024, from $139M to $134M. Reported net income was -$5M.
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 92nd 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 Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Vopak North America Inc. Retirement Plan in TX ($134M, 204 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 Pension Plan of the Employers-Shopmen's Local 516 Pension Trust in OR (575 participants, $74M 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.