401(k) · DOL Form 5500 · 2023

Carpenter Technology Corporation 401(k) Plan

Data updated 2026-08-11

$778M
Total assets: 3,357
Participants: 98th
Percentile by assets: $231,775
Avg per participant

Official DOL plan name: Carpenter Technology Corporation 401(k) Retirement · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing

$778M in assets, 3,357 participants

Carpenter Technology Corporation's Carpenter Technology Corporation 401(k) Retirement reported $778M in total assets and 3,357 participants in its 2023 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 127,072 plans)
#18,154 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Carpenter Technology Corporation 401(k) Retirement covers 3,357 participants in Pennsylvania, 4.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $778M.

$778M
total plan assets (2023 EOY): 3,357
covered participants: 98th
percentile by assets (of 127,072 plans): $231,775
avg assets per participant

Carpenter Technology Corporation 401(k) Retirement reported net income rose from -$124M in the plan year 2022 filing to $124M in the plan year 2023 filing.
Carpenter Technology Corporation 401(k) Retirement end-of-year assets rose from $654M in the plan year 2022 filing to $778M in the plan year 2023 filing.
Carpenter Technology Corporation 401(k) Retirement reported participants rose from 3,143 in the plan year 2022 filing to 3,357 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Manufacturing

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Carpenter Technology Corporation 401(k) Retirement reports 3,357 participants - 4.1x that state average ($778M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$654M
Net Assets (End of Year)	$778M
Net Income	$124M
Employer EIN	230458500
Plan Effective Date	1983-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Carpenter Technology Corporation)

Total plan assets by year, all Carpenter Technology Corporation plans on file

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 Corporation 401(k) Retirement vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
Cigna 401(k) Plan $13.0B · 66,760
The Vanguard Retirement and Savings Plan $9.8B · 18,200
The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184

Compare Carpenter Technology Corporation 401(k) … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Carpenter Technology Corporation 401(k) Retirement by total assets, not by location.

Mallinckrodt Pharmaceuticals Retirement Savings and Investment Plan (MO) $779M · 2,332
Kirby 401(k) Plan (TX) $777M · 4,954
The Gi Alliance Management 401(k) Savings Plan (TX) $780M · 4,699
National Railroad Passenger Corporation Savings Plan (DC) $780M · 3,938

Frequently Asked Questions

How did Carpenter Technology Corporation 401(k) Retirement assets move in 2023? ▼

Carpenter Technology Corporation 401(k) Retirement grew sharply - up 18.9% during 2023, from $654M to $778M. 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 Corporation 401(k) Retirement rank by assets among Form 5500 filers? ▼

Carpenter Technology Corporation 401(k) Retirement ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Carpenter Technology Corporation 401(k) Retirement? ▼

Among 401(k) plans in other states, the closest by assets is Mallinckrodt Pharmaceuticals Retirement Savings and Investment Plan in MO ($779M, 2,332 participants).

Next read for Carpenter Technology Corporation 401(k) …

Filing takeaways

Ways to act on Carpenter Technology Corporation 401(k) Retirement's numbers.

By total assets, Carpenter Technology Corporation 401(k) Retirement 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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