Employer · plans filed under one EIN
McWane, Inc.
Birmingham, AL · Manufacturing
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
McWane, Inc., based in Birmingham, Alabama, sponsors 8 retirement plans with 100 or more participants: 4 defined contribution and 4 defined benefit. Together they reported 10,749 participant records and $751M in net assets.
The largest is McWane Hourly 401(k) Retirement Plan, a 401(k) plan with 2,885 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $11.2M and participant contributions $23.2M in the latest plan years; benefits paid were $61.8M. Schedule C compensation reported to service provider organisations totalled $1.9M.
Combined net assets moved from $204M in 2009 to $377M in 2025 (up 85%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| McWane Hourly 401(k) Retirement Plan | 401(k) plan | 2025 | 2,885 | $66.6M | $23,079 | $1,998 | $160K |
| McWane Hourly Pension Plan | defined benefit pension plan | 2024 | 2,311 | $134M | $58,105 | — | $326K |
| McWane Pension Plan for Salaried Employees | defined benefit pension plan | 2024 | 2,049 | $210M | $102,644 | — | $1.0M |
| McWane Salaried 401(k) Retirement Plan | 401(k) plan | 2025 | 1,853 | $265M | $142,971 | $3,787 | $212K |
| Manchester Tank & Equipment Co. 401(k) Plan | 401(k) plan | 2025 | 675 | $30.3M | $44,849 | $2,021 | $46K |
| Clow Valve Company Hourly 401(k) Retirement Plan | 401(k) plan | 2025 | 430 | $15.5M | $36,009 | $1,892 | $26K |
| Kennedy Valve Factory Employees Pension Plan | defined benefit pension plan | 2024 | 387 | $24.0M | $61,957 | $0 | $56K |
| McWane Salaried Pension Plan | defined benefit pension plan | 2024 | 159 | $4.9M | $30,609 | $0 | $53K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2025 | 4 | 5,843 | $377M | $11.2M | $23.2M |
| 2024 | 8 | 10,505 | $698M | $9.7M | $20.4M |
| 2023 | 8 | 10,645 | $674M | $9.5M | $18.9M |
| 2022 | 6 | 6,512 | $259M | $10.0M | $18.2M |
| 2021 | 6 | 8,493 | $581M | $8.9M | $16.2M |
| 2020 | 6 | 8,037 | $526M | $9.1M | $14.1M |
| 2019 | 6 | 8,311 | $488M | $6.8M | $12.7M |
| 2018 | 6 | 8,536 | $428M | $39.3M | $11.2M |
| 2017 | 6 | 7,819 | $423M | $24.7M | $10.1M |
| 2016 | 6 | 7,627 | $354M | $39.3M | $9.4M |
| 2015 | 6 | 7,891 | $332M | $24.0M | $8.6M |
| 2014 | 6 | 7,648 | $319M | $22.9M | $7.8M |
| 2013 | 6 | 7,568 | $291M | $20.6M | $6.9M |
| 2012 | 5 | 6,593 | $248M | $19.8M | $6.0M |
| 2011 | 6 | 7,516 | $224M | $17.7M | $6.1M |
| 2010 | 5 | 6,937 | $219M | $13.1M | $4.4M |
| 2009 | 5 | 7,055 | $204M | $10.9M | $4.4M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| PBGC | Insurance services | 4 | $519,342 |
| Pacific Investment Management Co. | Investment management | 1 | $376,356 |
| Merrill Lynch | Investment advisory (participants) | 4 | $221,499 |
| Principal Financial Group | Insurance services | 3 | $164,081 |
| Highland Associates, Inc. | Investment management | 1 | $154,262 |
| Fidelity Investments Institutional | Participant loan processing | 4 | $151,646 |
| Warren Averett, LLC | Accounting (including auditing) | 4 | $130,000 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 3 | $69,952 |
| Harbert Mezzanine Partners III | Investment management | 1 | $52,686 |
| Isbell Timber Service, LLC | Valuation (appraisals, etc.) | 1 | $51,569 |
| Franklin County Revenue | — | 1 | $6,481 |
| Winston County Revenue | — | 1 | $6,416 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does McWane, Inc. have?
8 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: McWane Hourly 401(k) Retirement Plan, McWane Hourly Pension Plan, McWane Pension Plan for Salaried Employees and McWane Salaried 401(k) Retirement Plan and others. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does McWane, Inc. contribute to its plans?
$11,217,940 in employer contributions across these plans in their latest plan years, about $2,150 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name PBGC, Pacific Investment Management Co., Merrill Lynch and Principal Financial Group and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.