Defined Benefit (Pension) · DOL Form 5500 · 2024
Carpenter Technology Corporation Pension Plan
Data updated 2026-08-25
- $432M
- Total assets Above avg plan size
- 903
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $477,861
- Avg per participant High balance/head
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.
- #16,879 in Manufacturing (17,777 peers)
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.
- #16,879
- in Manufacturing (17,777 peers)
- -22.7%
- assets change YoY
- 4.3×
- vs typical plan assets (national mean)
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.
General Retirement Plan for Employees of Carpenter Technology Corporation's outsized position by total assets
General Retirement Plan for Employees of Carpenter Technology Corporation vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$431,508,049 Top 3% higher than 97% 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
General Retirement Plan for Employees of Carpenter Technology Corporation among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Retirement Plan for Employees of Carpenter Technology Corporation sits mid-pack in the medium band (903 participants).
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.
Plan-year Form 5500 strip
Filing strip 230458500 · Carpenter Technology Corporation PY 2024 · Defined Benefit (Pension)
General Retirement Plan for Employees of Carpenter Technology Corporation · $432M · 903 · 97th
- SCH $432M
- SCH 903
- SCH 97th
- SCH Defined Benefit (Pension)
- SCH near Sparrow Health System Associate Pension Plan
- SCH ind #16879
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 →
General Retirement Plan for Employees of Carpenter Technology Corporation in the asset neighbourhood
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)
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
| 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.
- National Elevator Industry Pension Plan $12.2B · 28,308
- 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
General Retirement Plan for Employees of Carpenter Technology Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Sparrow Health System Associate Pension Plan in MI ($431M); by covered participants it is Xcel Energy Inc. Non-Bargaining Pension Plan (South) in MN (903 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($432M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (903 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.