Plumbers & Pipefitters National Pension Fund vs International Brotherhood of Boilermakers National Pension Trust
Side-by-side pension health comparison from DOL and public plan data
Plumbers & Pipefitters National Pension Fund and International Brotherhood of Boilermakers National Pension Trust are meaningfully apart on the LakeQuality pension-health rubric: Plumbers & Pipefitters National Pension Fund grades C while International Brotherhood of Boilermakers National Pension Trust grades B. Funding ratios: 64% vs 71%.
International Brotherhood of Boilermakers National Pension Trust comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
International Brotherhood of Boilermakers National Pension Trust has a stronger Pension Health Score of 79/100 (B) compared to Plumbers & Pipefitters National Pension Fund at 56/100 (C). Funding ratios differ by 7.3 percentage points (71.4% vs 64.1%). International Brotherhood of Boilermakers National Pension Trust covers 729 participants.
| Metric | Plumbers & Pipefitters National Pension Fund | International Brotherhood of Boilermakers National Pension Trust |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 56/100 (C) | 79/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 64.1% | 71.4%* |
| Total Assets | $21.0B | $139.8M |
| Total Liabilities | $32.8B | $195.7M* |
| Unfunded Liability | $11.8B | $55.9M* |
| Participants | 430,000 | 729 |
| 1-Year Investment Return | 5.5% | 5.5% |
| Plan Type | multiemployer | multiemployer |
| PBGC Risk Level | high | moderate |
| Sponsor | United Association (UA) | Boilermakers Union |
International Brotherhood of Boilermakers National Pension Trust has a stronger Pension Health Score of 79/100 (B) compared to Plumbers & Pipefitters National Pension Fund at 56/100 (C). Funding ratios differ by 7.3 percentage points (71.4% vs 64.1%). International Brotherhood of Boilermakers National Pension Trust covers 729 participants.
Explore More
Related Comparisons
- Plumbers & Pipefitters National Pension Fund vs UFCW International Union Industry Pension Fund
- Plumbers & Pipefitters National Pension Fund vs United Mine Workers of America 1974 Pension Plan
- Plumbers & Pipefitters National Pension Fund vs Laborers National (Industrial) Pension Fund
- Plumbers & Pipefitters National Pension Fund vs SEIU National Industry Pension Fund
- International Brotherhood of Boilermakers National Pension Trust vs Kansas Public Employees Retirement System (KPERS)
- International Brotherhood of Boilermakers National Pension Trust vs Central States, Southeast & Southwest Areas Pension Fund
- International Brotherhood of Boilermakers National Pension Trust vs Western Conference of Teamsters Pension Trust
- International Brotherhood of Boilermakers National Pension Trust vs Teamsters Local 710 Pension Fund