Defined Benefit (Pension) · DOL Form 5500 · 2023
Carpenter Technology Corporation Pension Plan
Data updated 2026-08-25
- $558M
- Total assets Above avg plan size
- 941
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $592,856
- Avg per participant High balance/head
Official DOL plan name: General Retirement Plan for Employees of Carpenter Technology Corporation · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing
$558M in assets, 941 participants
Carpenter Technology Corporation's General Retirement Plan for Employees of Carpenter Technology Corporation reported $558M in total assets and 941 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.
- #18,000 in Manufacturing (18,722 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, $558M for 941 participants (~$592,856/participant), down 5.6% in 2023.
- #18,000
- in Manufacturing (18,722 peers)
- -5.6%
- assets change YoY
- 5.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $33M 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's outsized position by total assets
General Retirement Plan for Employees of Carpenter Technology Corporation vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$557,877,753 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
General Retirement Plan for Employees of Carpenter Technology Corporation among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Retirement Plan for Employees of Carpenter Technology Corporation sits mid-pack in the medium band (941 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- General Retirement Plan for Employees of Carpenter Technology Corporation reported net income rose from -$289M in the plan year 2022 filing to -$33M in the plan year 2023 filing.
- General Retirement Plan for Employees of Carpenter Technology Corporation reported participants fell from 1,073 in the plan year 2022 filing to 941 in the plan year 2023 filing.
- General Retirement Plan for Employees of Carpenter Technology Corporation end-of-year assets fell from $591M in the plan year 2022 filing to $558M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 230458500 · Carpenter Technology Corporation PY 2023 · Defined Benefit (Pension)
General Retirement Plan for Employees of Carpenter Technology Corporation · $558M · 941 · 98th
- NET $558M
- BOOK 941
- VS-ST 98th
- BOY Defined Benefit (Pension)
- SCH near Mission Support and Test Services LLC (Msts) Employee Retirement Plan
- EBSA ind #18000
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 →
General Retirement Plan for Employees of Carpenter Technology Corporation in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $591M |
|---|---|
| Net Assets (End of Year) | $558M |
| Net Income | -$33M |
| Employer EIN | 230458500 |
| Plan Effective Date | 1950-01-01 |
| Filing Status | FILING 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
| 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.
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
General Retirement Plan for Employees of Carpenter Technology Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Mission Support and Test Services LLC (Msts) Employee Retirement Plan in NV ($559M); by covered participants it is Ng Es Union Represented Employees Pension Plan in VA (940 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($558M here).
Similar participant headcount
Nearest other-state filings by covered participants (941 participants); asset peers above are excluded.
- Ng Es Union Represented Employees Pension Plan (VA) 940 · 1 off
- Pafmg Cash Balance Plan II (CA) 943 · 2 off
- Retirement Plan for Union Represented Employees (NJ) 943 · 2 off
- Smart Local Unions and Councils Pension Fund (VA) 938 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.