401(k) · DOL Form 5500 · 2022

Carpenter Technology Corporation 401(k) Plan

Data updated 2026-08-25

$654M
Total assets Above avg plan size
3,143
Participants Above avg headcount
98th
Percentile by assets National rank
$208,203
Avg per participant Above avg balance/head
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Official DOL plan name: Carpenter Technology 401(k) Retirement Plan · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing

$654M in assets, 3,143 participants

Carpenter Technology Corporation's Carpenter Technology 401(k) Retirement Plan reported $654M in total assets and 3,143 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.

  • #20,014 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Carpenter Technology 401(k) Retirement Plan covers 3,143 participants in Pennsylvania, 3.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $654M.

#20,014
in Manufacturing (20,602 peers)
-15.9%
assets change YoY
6.6×
vs typical plan assets (national mean)

The plan reported a net loss of $124M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Carpenter Technology 401(k) Retirement Plan's outsized position by total assets

Carpenter Technology 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$654,383,000 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Carpenter Technology 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carpenter Technology 401(k) Retirement Plan lands in the large band (3,143 participants).

Plan-year Form 5500 strip

Filing strip 230458500 · Carpenter Technology Corporation PY 2022 · 401(k)

Carpenter Technology 401(k) Retirement Plan · $654M · 3,143 · 98th

  • BOOK $654M
  • BOOK 3,143
  • BOOK 98th
  • BOOK 401(k)
  • BOOK near Trinity Health 401(k) Retirement Savings Plan
  • BOOK ind #20014

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Carpenter Technology 401(k) Retirement Plan in the asset neighbourhood

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership PlanDonaldson Company, Inc. Reti…$656MLuxottica Group Tax Incentive Savings PlanLuxottica Group Tax Incentiv…$656MTrinity Health 401(k) Retirement Savings PlanTrinity Health 401(k) Retire…$655MCarpenter Technology 401(k) Retirement PlanCarpenter Technology 401(k) …$654MNational Hockey League Players' US 401(k)National Hockey League Playe…$653M
End-of-year total assets ($M) among Carpenter Technology 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$778M
Net Assets (End of Year)$654M
Net Income-$124M
Employer EIN230458500
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carpenter Technology Corporation)

Sponsor-wide plan assets over time

All Carpenter Technology Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 6.427724892819955% vs 2022
2024 filing year
$1.3B$1.35B$1.4B$1.45B$1.5B 202220232024 $1.35B $1.44B ▲ +6.7%
Year Plans Participants Total Assets
2022 4 4,881 $1.3B
2023 4 4,930 $1.5B
2024 4 5,352 $1.4B

Nearby 401(k) Plans in Pennsylvania

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

Carpenter Technology 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Carpenter Technology 401(k) Retirement Plan, Total assets ($B): 0.654383 · Participants: 3143Carpenter Technology 401(k) Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Carpenter Technology 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Carpenter Technology 401(k) Retirement Plan side-by-side with 3 peers →

Carpenter Technology 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Trinity Health 401(k) Retirement Savings Plan in MI ($655M); by covered participants it is Retirement Savings Plan for Employees of Continental - Automotive Systems in SC (3,143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,143 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carpenter Technology 401(k) Retirement Plan assets move in 2022? ▼
Carpenter Technology 401(k) Retirement Plan declined sharply - down 15.9% during 2022, from $778M to $654M. Reported net income was -$124M.
How have Carpenter Technology Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carpenter Technology Corporation's sponsor-wide assets grew 6.4%, from $1.3B to $1.4B.
Where does Carpenter Technology 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Carpenter Technology 401(k) Retirement 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 Carpenter Technology 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Trinity Health 401(k) Retirement Savings Plan in MI ($655M, 6,709 participants).
Which 401(k) plans cover a similar participant headcount to Carpenter Technology 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Retirement Savings Plan for Employees of Continental - Automotive Systems in SC (3,143 participants, $878M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 230458500.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.