Mcwane Hourly 401(K) Retirement 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 401(K) Retirement Plan is a benefit plan reported by Mcwane, Inc. under EIN 63-0139000 and plan number 024. The latest loaded filing year is 2023. The filing reports 3,097 participants and $42,323,080 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mcwane, Inc.
EIN
63-0139000
Plan number
024
Plan type
2
Location
Birmingham, AL
Latest filing year
2023
Participants
3,097
End-of-year plan assets
$42,323,080

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,097H, C20240523090642NAL0002628115001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$42,323,080
Total liabilities (EOY)
$0
Net assets (EOY)
$42,323,080
Net assets (BOY)
$35,134,242

Income & contributions

Employer contributions
$3,656,504
Participant contributions
$5,480,340
Total contributions
$9,194,167
Total income / additions
$15,190,851

Expenses & distributions

Benefits paid
$7,767,995
Administrative expenses
$99,281
Total expenses
$7,864,808
Net increase / (decrease)
$7,326,043

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$68,336$02023
Merrill Lynch Pierce Fenner & SmitCONSULTANT$27,751not reported in the loaded dataset2023

Related Form 5500 pages