401(k) · DOL Form 5500 · 2022
Carpenter Technology Corporation 401(k) Plan
Data updated 2026-08-11
- $654M
- Total assets
- 3,143
- Participants
- 98th
- Percentile by assets
- $208,203
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $654M
- total plan assets (2022 EOY)
- 3,143
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $208,203
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Carpenter Technology 401(k) Retirement Plan reports 3,143 participants - 3.8x that state average ($654M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $778M |
|---|---|
| Net Assets (End of Year) | $654M |
| Net Income | -$124M |
| Employer EIN | 230458500 |
| Plan Effective Date | 1983-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Carpenter Technology Corporation)
| 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
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Carpenter Technology 401(k) Retirement Plan by total assets, not by location.
- Trinity Health 401(k) Retirement Savings Plan (MI) $655M · 6,709
- National Hockey League Players' US 401(k) (NY) $653M · 584
- Luxottica Group Tax Incentive Savings Plan (OH) $656M · 28,029
- Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan (MN) $656M · 4,060
Frequently Asked Questions
How did Carpenter Technology 401(k) Retirement Plan assets move in 2022? ▼
How have Carpenter Technology Corporation plan assets changed over time? ▼
Where does Carpenter Technology 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Carpenter Technology 401(k) Retirement Plan's numbers.
- By total assets, Carpenter Technology 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Carpenter Technology Corporation's sponsor-wide assets have grown 6.4% since 2022 across 3 plan years on file. More Manufacturing plans