Charlotte Pipe and Foundry 401(k) match, vesting and fees
What Charlotte Pipe and Foundry's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Charlotte Pipe and Foundry: employer contribution per participant | $4,948 | |
| Peer median | $2,413 |
| Charlotte Pipe and Foundry: average balance | $137,764 | |
| Peer median | $86,456 |
| Charlotte Pipe and Foundry: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $237M at the end of plan year 2021 to $284M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,076 | $284M | $10.2M | $4,948 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 2,031 | $258M | $9.6M | $4,836 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 1,955 | $214M | $8.6M | $4,476 | 0.12% | Not published | Form 5500 ↗ |
| 2021 | 1,907 | $237M | $8.1M | $4,319 | 0.14% | Not published | Form 5500 ↗ |
Other Charlotte Pipe and Foundry plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Pension Plan for the Employees of Charlotte Pipe and Foundry Company
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Pricewaterhousecoopers, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Charlotte Pipe and Foundry match 401(k) contributions?
The match terms for the Charlotte Pipe and Foundry Company 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $10.2M in employer contributions, about $4,948 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Charlotte Pipe and Foundry 401(k) match vested?
The vesting schedule for the Charlotte Pipe and Foundry Company 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Charlotte Pipe and Foundry 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Charlotte Pipe and Foundry Company.
I left Charlotte Pipe and Foundry. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Charlotte Pipe and Foundry Company, (704) 372-5030) or the recordkeeper, Principal Life Insurance Company. The Charlotte Pipe and Foundry old 401(k) page lists the contacts from every plan filing. Find an old Charlotte Pipe and Foundry 401(k)
Data from the public Form 5500 annual reports Charlotte Pipe and Foundry filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Charlotte Pipe and Foundry. Not financial advice. Report a correction · Methodology