Kennedy Valve Factory Employees 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, Kennedy Valve Factory Employees Pension Plan is a benefit plan reported by Mcwane, Inc. under EIN 63-0139000 and plan number 032. The latest loaded filing year is 2023. The filing reports 435 participants and $24,897,537 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24.9MPlan net assets, end of year$24,897,537
Participants435Covered participants reported
Assets / participant$57.2KComputed: assets ÷ participants$57,236 (computed)
Provider compensationNone reported
Plan sponsor
Mcwane, Inc.
EIN
63-0139000
Plan number
032
Plan type
2
Location
Birmingham, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023435H20240924143421NAL0012893905001
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)$24.9M total assets
Net assets$24.9MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$0
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$24,897,537
Total liabilities (EOY)
$0
Net assets (EOY)
$24,897,537
Net assets (BOY)
$24,870,594

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
$1,327,096

Expenses & distributions

Benefits paid
$1,300,153
Administrative expenses
$0
Total expenses
$1,300,153
Net increase / (decrease)
$26,943
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 income98%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages