401(k) · DOL Form 5500 · 2024

Carpenter Technology Corporation 401(k) Plan

Data updated 2026-08-25

$885M
Total assets Above avg plan size
3,804
Participants Above avg headcount
98th
Percentile by assets National rank
$232,745
Avg per participant Above avg balance/head
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Official DOL plan name: Carpenter Technology Corporation 401(k) Retirement · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing

$885M in assets, 3,804 participants

Carpenter Technology Corporation's Carpenter Technology Corporation 401(k) Retirement reported $885M in total assets and 3,804 participants in its 2024 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.

  • #17,262 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Carpenter Technology Corporation 401(k) Retirement covers 3,804 participants in Pennsylvania, 4.6x the typical Pennsylvania plan (state average ~822 per filing). Assets: $885M.

#17,262
in Manufacturing (17,777 peers)
+13.8%
assets growth YoY
8.9×
vs typical plan assets (national mean)

Carpenter Technology Corporation 401(k) Retirement's outsized position by total assets

Carpenter Technology Corporation 401(k) Retirement vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$885,360,148 Top 2% higher than 98% of 123,620 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 2024

Carpenter Technology Corporation 401(k) Retirement's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carpenter Technology Corporation 401(k) Retirement lands in the large band (3,804 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Carpenter Technology Corporation 401(k) Retirement end-of-year assets rose from $778M in the plan year 2023 filing to $885M in the plan year 2024 filing.
  • Carpenter Technology Corporation 401(k) Retirement reported participants rose from 3,357 in the plan year 2023 filing to 3,804 in the plan year 2024 filing.
  • Carpenter Technology Corporation 401(k) Retirement reported net income fell from $124M in the plan year 2023 filing to $107M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 230458500 · Carpenter Technology Corporation PY 2024 · 401(k)

Carpenter Technology Corporation 401(k) Retirement · $885M · 3,804 · 98th

  • EBSA $885M
  • EBSA 3,804
  • EBSA 98th
  • EBSA 401(k)
  • EBSA near IBEW Local 332 Pension Plan Part B
  • EBSA ind #17262

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 →

Carpenter Technology Corporation 401(k) Retirement in the asset neighbourhood

Sri International Basic Retirement PlanSri International Basic Reti…$887MIBEW Local 332 Pension Plan Part BIBEW Local 332 Pension Plan …$886MCarpenter Technology Corporation 401(k) RetirementCarpenter Technology Corpora…$885MBlue Cross and Blue Shield of Minnesota Employee Savings PlanBlue Cross and Blue Shield o…$885MVericast Corp. 401(k) Plan$883M
End-of-year total assets ($M) among Carpenter Technology Corporation 401(k) Retirement and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$778M
Net Assets (End of Year)$885M
Net Income$107M
Employer EIN230458500
Plan Effective Date1983-07-01
Filing StatusFILING 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
$1.3B$1.35B$1.4B$1.45B$1.5B 202220232024 $1.35B $1.44B ▲ +6.7%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Carpenter Technology Corporation 401(k) Retirement, Total assets ($B): 0.885360148 · Participants: 3804Carpenter Technology Corporation 401(k) RetirementComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Carpenter Technology Corporation 401(k) Retirement vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Carpenter Technology Corporation 401(k) Retirement side-by-side with 3 peers →

Carpenter Technology Corporation 401(k) Retirement's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is IBEW Local 332 Pension Plan Part B in CA ($886M); by covered participants it is Mau, Inc. 401(k) Profit Sharing Plan in GA (3,804 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($885M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,804 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carpenter Technology Corporation 401(k) Retirement assets move in 2024? ▼
Carpenter Technology Corporation 401(k) Retirement grew at a solid clip - up 13.8% during 2024, from $778M to $885M. Reported net income was $107M.
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 123,622 plans that reported assets for plan year 2024 (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 IBEW Local 332 Pension Plan Part B in CA ($886M, 2,215 participants).
Which 401(k) plans cover a similar participant headcount to Carpenter Technology Corporation 401(k) Retirement? ▼
Among 401(k) plans in other states, the closest by covered participants is Mau, Inc. 401(k) Profit Sharing Plan in GA (3,804 participants, $15M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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

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.