401(k) · DOL Form 5500 · 2024
Carrier Global Corporation 401(k) Plan
Data updated 2026-08-11
- $998M
- Total assets
- 12,295
- Participants
- 98th
- Percentile by assets
- $81,176
- Avg per participant
Official DOL plan name: Carrier Retirement Savings Plan · Sponsored by Carrier Global Corporation · Florida · Manufacturing
$998M in assets, 12,295 participants
Carrier Global Corporation's Carrier Retirement Savings Plan reported $998M in total assets and 12,295 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.
- 98th percentile by assets (of 123,622 plans)
- #17,313 in Manufacturing (17,777 peers)
Coverage in Florida
Carrier Retirement Savings Plan covers 12,295 participants in Florida, 20x the typical Florida plan (state average ~628 per filing). Assets: $998M.
- $998M
- total plan assets (2024 EOY)
- 12,295
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $81,176
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Carrier Retirement Savings Plan end-of-year assets rose from $791M in the plan year 2023 filing to $998M in the plan year 2024 filing.
- Carrier Retirement Savings Plan reported net income fell from $263M in the plan year 2023 filing to $207M in the plan year 2024 filing.
- Carrier Retirement Savings Plan reported participants rose from 12,128 in the plan year 2023 filing to 12,295 in the plan year 2024 filing.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Carrier Retirement Savings Plan reports 12,295 participants - 20x that state average ($998M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $791M |
|---|---|
| Net Assets (End of Year) | $998M |
| Net Income | $207M |
| Employer EIN | 834051582 |
| Plan Effective Date | 2020-04-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Carrier Global Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 13,276 | $725M |
| 2023 | 2 | 13,565 | $1.0B |
| 2024 | 2 | 13,602 | $1.2B |
Nearby 401(k) Plans in Florida
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Carrier Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
- L3harris Retirement Savings Plan $16.3B · 40,330
- Savings Plan for Employees and Partners of Pwc $13.2B · 51,081
- Adp Totalsource Retirement Savings Plan $9.2B · 310,261
- Publix Super Markets, Inc. 401(k) Smart Plan $8.1B · 197,102
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.5B · 16,678
Scale composition for Carrier Retirement Savings Plan
Carrier Retirement Savings Plan reports $998M in end-of-year assets across 12,295 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $81,176 per participant (59% of the national average assets-per-participant) . Net income for plan year 2024 was $207M.
This plan identity (EIN 834051582, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $528M to $998M (+89.2%) while covered participants moved from 11,673 to 12,295 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,673 | $528M | Open filing |
| 2023 | 12,128 | $791M | Open filing |
| 2024 · index core | 12,295 | $998M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Carrier Represented Employee Pension Plan (Defined Benefit (Pension), $215M, 1,307 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Carrier Retirement Savings Plan by total assets, not by location.
- Infrastructure Prosperity Group Employee Stock Ownership and Deferred Compensation Plan (IN) $998M · 1,148
- Aarp Employees 401(k) Plan (DC) $999M · 2,539
- Dentons US LLP Profit Sharing Plan (IL) $999M · 1,408
- Patterson Companies, Inc. 401(k) Plan (MN) $999M · 6,331
Frequently Asked Questions
How did Carrier Retirement Savings Plan assets move in 2024? ▼
How have Carrier Global Corporation plan assets changed over time? ▼
Where does Carrier Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Carrier Retirement Savings Plan? ▼
Next read for Carrier Retirement Savings Plan
Filing takeaways
Ways to act on Carrier Retirement Savings Plan's numbers.
- By total assets, Carrier Retirement Savings Plan 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 Florida. Compare plans
- Carrier Global Corporation's sponsor-wide assets have grown 67.3% since 2022 across 3 plan years on file. More Manufacturing plans