Mcwane Hourly Pension Plan — Form 5500 plan (Mcwane, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Mcwane Hourly Pension Plan is a benefit plan reported by Mcwane, Inc. under EIN 63-0139000 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,507 participants and $139,383,752 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$139.4MPlan net assets, end of year$139,359,782
Participants2.5KCovered participants reported2,507
Assets / participant$55.6KComputed: assets ÷ participants$55,598 (computed)
Provider compensationNone reported
Plan sponsor
Mcwane, Inc.
EIN
63-0139000
Plan number
001
Plan type
2
Location
Birmingham, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,507H20240924153420NAL0017827520001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$139.4M total assets
Net assets$139.4MLiabilities$24K
Money in vs. money out
Total income / additions$7.9M
Total expenses$7M
Benefits paid / distributions$7M
Contributions
Employer$0
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$139,383,752
Total liabilities (EOY)
$23,970
Net assets (EOY)
$139,359,782
Net assets (BOY)
$138,436,721

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
$7,938,491

Expenses & distributions

Benefits paid
$7,010,435
Administrative expenses
$4,995
Total expenses
$7,015,430
Net increase / (decrease)
$923,061
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income88%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages