Defined Benefit (Pension) · DOL Form 5500 · 2023

Carrier Process Equipment Group, Inc. Pension Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
253
Participants Below avg headcount
50th
Percentile by assets National rank
$26,138
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carrier Process Equipment Group, Inc. Cash Balance Plan · Sponsored by Carrier Process Equipment Group, Inc. · Kentucky · Manufacturing

$7M in assets, 253 participants

Carrier Process Equipment Group, Inc.'s Carrier Process Equipment Group, Inc. Cash Balance Plan reported $7M in total assets and 253 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #6,319 in Manufacturing (18,722 peers)

Coverage in Kentucky

Carrier Process Equipment Group, Inc. Cash Balance Plan covers 253 participants in Kentucky, about 39% of the average Kentucky filer (state average ~647 per filing). Assets: $7M.

#6,319
in Manufacturing (18,722 peers)
+32.4%
assets growth YoY

Carrier Process Equipment Group, Inc. Cash Balance Plan's mid-pack asset rank among Manufacturing and all filers

Carrier Process Equipment Group, Inc. Cash Balance Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,612,847 Top 50% higher than 50% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Carrier Process Equipment Group, Inc. Cash Balance Plan 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. Carrier Process Equipment Group, Inc. Cash Balance Plan sits mid-pack in the medium band (253 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carrier Process Equipment Group, Inc. Cash Balance Plan reported net income rose from $996K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Carrier Process Equipment Group, Inc. Cash Balance Plan end-of-year assets rose from $5M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 812418317 · Carrier Process Equipment Group, Inc. PY 2023 · Defined Benefit (Pension)

Carrier Process Equipment Group, Inc. Cash Balance Plan · $7M · 253 · 50th

  • VS-ST $7M
  • BOY 253
  • SCH 50th
  • EBSA Defined Benefit (Pension)
  • PART near H&n Group, Inc. Defined Benefit Pension Plan
  • TYPE ind #6319

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 Kentucky →

Carrier Process Equipment Group, Inc. Cash Balance Plan in the asset neighbourhood

The American Legion National Headquarters Employees' Retirement PlanThe American Legion National…$7MCarrier Process Equipment Group, Inc. Cash Balance PlanCarrier Process Equipment Gr…$7MH&n Group, Inc. Defined Benefit Pension PlanH&n Group, Inc. Defined Bene…$7MGerdau Ameristeel US Retirement PlanGerdau Ameristeel US Retirem…$7MLaborers Local 91 Pension PlanLaborers Local 91 Pension Pl…$7M
End-of-year total assets ($M) among Carrier Process Equipment Group, Inc. Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$2M
Employer EIN812418317
Plan Effective Date2016-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carrier Process Equipment Group, Inc.)

Sponsor-wide plan assets over time

All Carrier Process Equipment Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$113M 5.696570180258491% vs 2022
2023 filing year
$106M$108M$110M$112M$114M 20222023 $107M $113M ▲ +5.7%
Year Plans Participants Total Assets
2022 3 677 $107M
2023 3 716 $113M

Nearby Defined Benefit (Pension) Plans in Kentucky

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Carrier Process Equipment Group, Inc. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Carrier Process Equipment Group, Inc. Cash Balance Plan, Total assets ($B): 0.006612847 · Participants: 253Carrier Process Equipment Group, Inc. Cash Balance PlanLg&e and Ku Pension Plan, Total assets ($B): 1.112165749 · Participants: 833Lg&e and Ku Pension PlanAshland Hercules Pension Plan, Total assets ($B): 0.984309 · Participants: 70Ashland Hercules Pension PlanYum Brands Retirement Plan, Total assets ($B): 0.734224 · Participants: 3834Yum Brands Retirement PlanBrown-Forman Corporation Salaried Employees Retirement Plan, Total assets ($B): 0.499207588 · Participants: 1160Brown-Forman Corporation Salaried Employees Retirement PlanAshland Hercules Pension Plan II, Total assets ($B): 0.468812 · Participants: 57Ashland Hercules Pension Plan II
Carrier Process Equipment Group, Inc. Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
Compare Carrier Process Equipment Group, Inc. Cash Balance Plan side-by-side with 3 peers →

Carrier Process Equipment Group, Inc. Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Kentucky, the nearest Defined Benefit (Pension) by assets is H&n Group, Inc. Defined Benefit Pension Plan in CA ($7M); by covered participants it is Pension Plan for Employees of North Star Mutual Insurance Company in MN (253 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (253 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carrier Process Equipment Group, Inc. Cash Balance Plan assets move in 2023? ▼
Carrier Process Equipment Group, Inc. Cash Balance Plan surged - up 32.4% during 2023, from $5M to $7M. Reported net income was $2M.
How have Carrier Process Equipment Group, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Carrier Process Equipment Group, Inc.'s sponsor-wide assets grew 5.7%, from $107M to $113M.
Which Defined Benefit (Pension) plans are similar in size to Carrier Process Equipment Group, Inc. Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is H&n Group, Inc. Defined Benefit Pension Plan in CA ($7M, 34 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Carrier Process Equipment Group, Inc. Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees of North Star Mutual Insurance Company in MN (253 participants, $61M in assets).

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 812418317.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.