401(k) · DOL Form 5500 · 2024
Carrier Global Corporation 401(k) Plan
Data updated 2026-08-25
- $998M
- Total assets Very large vs avg
- 12,295
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $81,176
- Avg per participant Below avg balance/head
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.
- #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.
- #17,313
- in Manufacturing (17,777 peers)
- +26.2%
- assets growth YoY
- 10×
- vs typical plan assets (national mean)
Carrier Retirement Savings Plan's outsized position by total assets
Carrier Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$998,061,534 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Carrier Retirement Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carrier Retirement Savings Plan is a mega filing (12,295 participants), the rightmost band on the breakdown.
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.
Plan-year Form 5500 strip
Filing strip 834051582 · Carrier Global Corporation PY 2024 · 401(k)
Carrier Retirement Savings Plan · $998M · 12,295 · 98th
- BOOK $998M
- BOOK 12,295
- BOOK 98th
- BOOK 401(k)
- BOOK near Infrastructure Prosperity Group Employee Stock Ownership and Deferred Compensation Plan
- BOOK ind #17313
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 Florida →
Carrier Retirement Savings Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Carrier Global Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 67.29034066022686% vs 2022
- 2024 filing year
| 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.
- 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)
Carrier Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Florida, the nearest 401(k) by assets is Infrastructure Prosperity Group Employee Stock Ownership and Deferred Compensation Plan in IN ($998M); by covered participants it is Capstone 401(k) Plan in GA (12,307 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($998M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (12,295 participants); asset peers above are excluded.
- Capstone 401(k) Plan (GA) 12,307 · 12 off
- Trihealth 401(k) Retirement Savings Plan (OH) 12,308 · 13 off
- Trion Solutions, Inc. 401(k) Profit Sharing Plan (MI) 12,255 · 40 off
- Wipro Limited 401(k) Plan (NJ) 12,243 · 52 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.