Plumbers & Pipefitters National Pension Fund vs Central States, Southeast & Southwest Areas Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Plumbers & Pipefitters National Pension Fund has a stronger Pension Health Score of 56/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 42.1 percentage points (64.1% vs 22.0%). Plumbers & Pipefitters National Pension Fund covers 430,000 participants.
| Metric | Plumbers & Pipefitters National Pension Fund | Central States, Southeast & Southwest Areas Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 56/100 (C)* | 29/100 (F) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 64.1%* | 22.0% |
| Total Assets | $21.0B | $9.5B |
| Total Liabilities | $32.8B* | $43.2B |
| Unfunded Liability | $11.8B* | $33.7B |
| Participants | 430,000 | 380,000 |
| 1-Year Investment Return | 5.5%* | 4.5% |
| Plan Type | multiemployer | multiemployer |
| PBGC Risk Level | high | critical |
| Sponsor | United Association (UA) | Teamsters Central States |
Plumbers & Pipefitters National Pension Fund has a stronger Pension Health Score of 56/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 42.1 percentage points (64.1% vs 22.0%). Plumbers & Pipefitters National Pension Fund covers 430,000 participants.