I'm working with larger motors, M to O, but my plate is a combination centering ring plus removable full diameter plate. Both are plywood. The combination of the two, bolted together, comprise the thrust ring. I paint the removable part with high temp engine enamel (black) and a little clear coat each burn. This protects the wood. Retention is bolts and modified washers capturing the thrust ring of the motor tube.
I have adaptors for motors from 114mm (half N to baby O), 88mm (lower N), and 75mm (M range). For 114mm this is just a ring. For the others, it is a ring with a smaller hole, with attached allthread rods extending into the rocket, holding small rings. These rings match alignment with internal rings, providing centering for the smaller diameter motors.
It is quick and easy to swap between motor sizes this way. Plus if I burn up an outer thrust plate it is easy to fabricate a replacement. I've burnt one up that was from inferior plywood - peeled the outer layer like an onion with a 7600 motor! Better plywood has worked flawlessly with the larger 88s. I just wipe it down and add another layer of paint each flight to replace what burns off.
With the size rocket you are working with there are many motor arrangements you could use. The limitation of course is the tubing taking the thrust. It probably wouldn't survive larger clusters for instance. But if you think the rocket is beefy enough, some sort of swappable core arrangement like I used may be of benefit. For instance you could swap between a 38mm, a pair of 38mm, and a 54mm motor. Otherwise it just adds complexity. The removable outer thrust ring isn't needed at all for more modest motors as there isn't enough heat transferred to do much if any damage. Large motors are another story.
An old way to protect the outer surface of the ring is to coat it thickly with epoxy. When that burns down, sand a bit and re-coat. Though I'm liking the high temp engine paint instead... Both methods work, and are a lot lighter and cheaper than an aluminum ring.
Gerald