Plan Ledger DOL Form 5500 · updated monthly

McWane, Inc.401(k)

MCWANE SALARIED 401(K) RETIREMENT PLAN · BIRMINGHAM, AL · plan year 2025

Reported admin expense ratio · 2025
0.06%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

McWane, Inc. reported $150,043 in plan administrative expenses for 2025: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,787 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 36th-largest of 902 plans among Alabama employers on file, and the 950th of 13,661 in manufacturing. In 2025, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 1,159 to 1,384 since 2022.

Plan summary
Net assets, end of year$264,925,121
Participants with balances1,822
Active participants1,384
Employer contributions$5,240,681
Employee contributions$12,598,082
Employer contribution per active participant$3,787
Average account balance$145,403
Benefits paid to participants$27,074,155
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$264.9M · 1,822 accts · $5.2M emplr
2024$233.4M · 1,740 accts · $4.9M emplr
2023$204.3M · 1,703 accts · $4.5M emplr
2022$163.0M · 1,500 accts · $4.1M emplr
Administrative expenses, itemized · 2025
Investment management$54,364
Total administrative$150,043
The McWane, Inc. 401(k) match · 2025
Employer contribution per active participant$3,787
Median for plans this size$4,093
2025$3,787 per active participant
2024$3,701 per active participant
2023$3,525 per active participant
2022$3,579 per active participant

McWane, Inc.'s 2025 employer contribution ran below the $4,093 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
MERRILL LYNCH · Investment advisory (participants)$157,197
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$54,364
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$150,043 · 0.06%
2024$103,140 · 0.05%
2023$190,771 · 0.10%
2022$122,631 · 0.07%
All plans at this employer4
MCWANE SALARIED 401(K) RETIREMENT PLAN401(k)
CLOW VALVE COMPANY HOURLY 401(K) RETIREMENT PLAN401(k)
MCWANE HOURLY 401(K) RETIREMENT PLAN401(k)
MANCHESTER TANK & EQUIPMENT CO. 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Alabama
Am/Ns Calvert LLC AL$288.5M · 0.02%
Phifer Incorporated AL$184.0M · 0.03%
The Westervelt Company AL$136.6M · 0.09%
Neptune Technology Group Inc AL$133.5M · 0.08%
Outokumpu Stainless USA, LLC AL$130.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630139000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.