401(k) · DOL Form 5500 · 2022

Carrier Global Corporation 401(k) Plan

Data updated 2026-08-11

$528M
Total assets
11,673
Participants
98th
Percentile by assets
$45,202
Avg per participant
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Official DOL plan name: Carrier Retirement Savings Plan · Sponsored by Carrier Global Corporation · Florida · Manufacturing

$528M in assets, 11,673 participants

Carrier Global Corporation's Carrier Retirement Savings Plan reported $528M in total assets and 11,673 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #19,904 in Manufacturing (20,602 peers)

Coverage in Florida

Carrier Retirement Savings Plan covers 11,673 participants in Florida, 19x the typical Florida plan (state average ~628 per filing). Assets: $528M.

$528M
total plan assets (2022 EOY)
11,673
covered participants
98th
percentile by assets (of 139,126 plans)
$45,202
avg assets per participant
State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Carrier Retirement Savings Plan reports 11,673 participants - 19x that state average ($528M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$428M
Net Assets (End of Year)$527M
Net Income$92M
Employer EIN834051582
Plan Effective Date2020-04-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Carrier Global Corporation)

$0.6B$0.8B$1B$1.2B$1.4B 202220232024 $0.73B $1.21B ▲ +65.8%
Total plan assets by year, all Carrier Global Corporation plans on file
Year Plans Participants Total Assets
2022 2 13,276 $725M
2023 2 13,565 $1.0B
2024 2 13,602 $1.2B

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Carrier Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Carrier Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Carrier Retirement S…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
Carrier Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Carrier Retirement Savings Plan

Carrier Retirement Savings Plan reports $528M in end-of-year assets across 11,673 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $45,202 per participant (33% of the national average assets-per-participant) . Net income for plan year 2022 was $92M.

This plan identity (EIN 834051582, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $528M to $998M (+89.2%) while covered participants moved from 11,673 to 12,295 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,673 $528M This page
2023 12,128 $791M Open filing
2024 · index core 12,295 $998M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Carrier Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Carrier Retirement Savings Plan assets move in 2022?
Carrier Retirement Savings Plan grew sharply - up 23.2% during 2022, from $428M to $528M. Reported net income was $92M.
How have Carrier Global Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Carrier Global Corporation's sponsor-wide assets grew 67.3%, from $725M to $1.2B.
Where does Carrier Retirement Savings Plan rank by assets among Form 5500 filers?
Carrier Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Carrier Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Prime Therapeutics LLC 401(k) Plan in MN ($528M, 3,558 participants).

Next read for Carrier Retirement Savings Plan

Filing takeaways

Ways to act on Carrier Retirement Savings Plan's numbers.