Defined Benefit (Pension) · DOL Form 5500 · 2022
Carpenter Technology Corporation Pension Plan
Data updated 2026-08-11
- $73M
- Total assets
- 371
- Participants
- 91st
- Percentile by assets
- $196,871
- Avg per participant
Official DOL plan name: Latrobe Steel Company Pension Plan for Bargaining Unit Employees · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing
$73M in assets, 371 participants
Carpenter Technology Corporation's Latrobe Steel Company Pension Plan for Bargaining Unit Employees reported $73M in total assets and 371 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 139,126 plans)
- #17,770 in Manufacturing (20,602 peers)
Coverage in Pennsylvania
Latrobe Steel Company Pension Plan for Bargaining Unit Employees covers 371 participants in Pennsylvania, about 45% of the average Pennsylvania filer (state average ~822 per filing). Assets: $73M.
- $73M
- total plan assets (2022 EOY)
- 371
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $196,871
- avg assets per participant
The plan reported a net loss of $38M 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. Latrobe Steel Company Pension Plan for Bargaining Unit Employees reports 371 participants - about 45% of that state average ($73M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $111M |
|---|---|
| Net Assets (End of Year) | $73M |
| Net Income | -$38M |
| Employer EIN | 230458500 |
| Plan Effective Date | 1950-03-01 |
| 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.
Latrobe Steel Company Pension Plan for Bargaining Unit Employees 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 Latrobe Steel Company Pension Plan for Bargaining Unit Employees by total assets, not by location.
Frequently Asked Questions
How did Latrobe Steel Company Pension Plan for Bargaining Unit Employees assets move in 2022? ▼
How have Carpenter Technology Corporation plan assets changed over time? ▼
Where does Latrobe Steel Company Pension Plan for Bargaining Unit Employees rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Latrobe Steel Company Pension Plan for Bargaining Unit Employees? ▼
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Filing takeaways
Ways to act on Latrobe Steel Company Pension Plan for Bargaining Unit Employees's numbers.
- By total assets, Latrobe Steel Company Pension Plan for Bargaining Unit Employees ranks in the top 10% 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