The Board of Trustees of Plumbers and Pipefitters of the Carolinas DefMoney purchase plan

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

The Board of Trustees of Plumbers and Pipefitters of the Carolinas Def reported $596,396 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,431 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 2 years on file its reported administrative ratio fell from 1.30% to 1.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 453rd-largest of 3,644 plans among Florida employers on file, and the 896th of 5,337 in construction. active participation has grown from 1,094 to 1,335 since 2022.