Defined Benefit (Pension) · DOL Form 5500 · 2022
Carpenter Technology Corporation Pension Plan
Data updated 2026-08-11
- $591M
- Total assets
- 1,073
- Participants
- 98th
- Percentile by assets
- $550,739
- Avg per participant
Official DOL plan name: General Retirement Plan for Employees of Carpenter Technology Corporation · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing
$591M in assets, 1,073 participants
Carpenter Technology Corporation's General Retirement Plan for Employees of Carpenter Technology Corporation reported $591M in total assets and 1,073 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)
- #19,963 in Manufacturing (20,602 peers)
Where General Retirement Plan for Employees of Carpenter Technology Corporation sits by assets
General Retirement Plan for Employees of Carpenter Technology Corporation sits in the top 5% of all filed plans by assets, $591M for 1,073 participants (~$550,739/participant), down 32.9% in 2022.
- $591M
- total plan assets (2022 EOY)
- 1,073
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $550,739
- avg assets per participant
The plan reported a net loss of $289M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
General Retirement Plan for Employees of Carpenter Technology Corporation vs the 2022 asset distribution
By assets, General Retirement Plan for Employees of Carpenter Technology Corporation outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 5.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $881M |
|---|---|
| Net Assets (End of Year) | $591M |
| Net Income | -$289M |
| Employer EIN | 230458500 |
| Plan Effective Date | 1950-01-01 |
| 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 Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
General Retirement Plan for Employees of Carpenter Technology Corporation vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $10.4B · 27,097
- Steelworkers Pension Trust $5.9B · 52,395
- The PNC Financial Services Group, Inc. Pension Plan $5.4B · 63,731
- Constellation Retirement Program $5.4B · 5,314
- The Bank of New York Mellon Corporation Pension Plan $5.0B · 8,098
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to General Retirement Plan for Employees of Carpenter Technology Corporation by total assets, not by location.
- Avnet Pension Plan (AZ) $591M · 2,609
- Banco Popular De Puerto Rico Retirement Plan (PR) $592M · 2,057
- Nurses and Local 813 Ibt Retirement Plan (NY) $589M · 2,737
- Pension Fund of Local No. One of I. a. T. S. E. (NY) $593M · 1,360
Frequently Asked Questions
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Ways to act on General Retirement Plan for Employees of Carpenter Technology Corporation's numbers.
- By total assets, General Retirement Plan for Employees of Carpenter Technology Corporation ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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