Defined Benefit (Pension) · DOL Form 5500 · 2024
Carpenter Technology Corporation Pension Plan
Data updated 2026-07-24
- $432M
- Total assets
- 903
- Participants
- 97th
- Percentile by assets
- $477,861
- Avg per participant
Official DOL plan name: General Retirement Plan for Employees of Carpenter Technology Corporation · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing
$432M in assets, 903 participants
Carpenter Technology Corporation's General Retirement Plan for Employees of Carpenter Technology Corporation reported $432M in total assets and 903 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 116,472 plans)
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, $432M for 903 participants (~$477,861/participant), down 22.7% in 2024.
- $432M
- total plan assets (2024 EOY)
- 903
- covered participants
- 97th
- percentile by assets (of 116,472 plans)
- $477,861
- avg assets per participant
The plan reported a net loss of $126M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- General Retirement Plan for Employees of Carpenter Technology Corporation reported net income fell from -$33M in the plan year 2023 filing to -$126M in the plan year 2024 filing.
- General Retirement Plan for Employees of Carpenter Technology Corporation end-of-year assets fell from $558M in the plan year 2023 filing to $432M in the plan year 2024 filing.
- General Retirement Plan for Employees of Carpenter Technology Corporation reported participants fell from 941 in the plan year 2023 filing to 903 in the plan year 2024 filing.
General Retirement Plan for Employees of Carpenter Technology Corporation vs the 2024 asset distribution
By assets, General Retirement Plan for Employees of Carpenter Technology Corporation outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.3x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $558M |
|---|---|
| Net Assets (End of Year) | $431M |
| Net Income | -$126M |
| Employer EIN | 230458500 |
| Plan Effective Date | 1950-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Carpenter Technology Corporation)
| 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.
General Retirement Plan for Employees of Carpenter Technology Corporation vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
- Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to General Retirement Plan for Employees of Carpenter Technology Corporation by total assets, not by location.
- Sparrow Health System Associate Pension Plan (MI) $431M · 970
- 21st Century Fox America Retirement Plan (NY) $433M · 278
- The Associated Press Consolidated Retirement Plan (NY) $430M · 592
- Hawaii Pacific Health Retirement Plan (HI) $430M · 5,658
Frequently Asked Questions
How did General Retirement Plan for Employees of Carpenter Technology Corporation assets move in 2024? ▼
How have Carpenter Technology Corporation plan assets changed over time? ▼
Where does General Retirement Plan for Employees of Carpenter Technology Corporation rank by assets among Form 5500 filers? ▼
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Ways to act on General Retirement Plan for Employees of Carpenter Technology Corporation's numbers.
- By total assets, General Retirement Plan for Employees of Carpenter Technology Corporation ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Carpenter Technology Corporation's sponsor-wide assets have grown 6.4% since 2022 across 3 plan years on file. More Manufacturing plans
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.