Plan Snapshot
- Plan Sponsor: Mcwane, INC.
- Sponsor EIN: 630139000
- Sponsor Address: P.O BOX 43327, BIRMINGHAM, AL, 352430327
- Plan Type: 401(k)
- Plan Number: 021
- Total Participants: 1,853
- Total Assets: $264.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,853 | $264.9M | $0 | $0 |
| 2024 | 1,315 | $233.4M | $4.9M | $11.7M |
| 2023 | 1,289 | $204.3M | $4.5M | $10.9M |
| 2022 | 1,159 | $163.0M | $4.1M | $9.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERRILL LYNCH | Investment Advisor | $157,197 | — | $157,197 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $54,364 | — | $54,364 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $211,561
- Estimated Expense Ratio: 0.080% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $27,227,338 | $54,364 | — | — | — |
| 2024 | $103,140 | $212,171 | — | — | — |
| 2023 | $190,771 | $161,386 | — | — | — |
| 2022 | $122,631 | $7,829 | — | — | — |