Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

General Retirement Plan for Employees of Carpenter Technology Corporation

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing

What the 2023 filing shows

General Retirement Plan for Employees of Carpenter Technology Corporation holds $432M for 903 participants — about $477,861 per participant, down 22.7% over the 2024 plan year.

$432M
total plan assets (2024 EOY)
903
covered participants
$477,861
avg assets per participant
-22.7%
assets change YoY

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.

Total Assets (2023)
$432M
Participants
903
State
Industry
Manufacturing

What the Filing Says About General Retirement Plan for Employees of Carpenter Technology Corporation

General Retirement Plan for Employees of Carpenter Technology Corporation is a Defined Benefit (Pension) retirement plan sponsored by Carpenter Technology Corporation, headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $432M in total end-of-year assets and covers 903 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 230458500, and the plan has been effective since 1950-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $558M at the beginning of 2024 to $432M at year-end — a decline of 22.7%. Net assets (after liabilities) closed the year at $431M, with reported net income of $-126,302,032 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$558M
Total Assets (End of Year)$432M
Net Assets (End of Year)$431M
Net Income$-126,302,032
Plan TypeDefined Benefit (Pension)
Employer EIN230458500
Plan Effective Date1950-01-01
Filing StatusFILING 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.

Frequently Asked Questions

How much money is in the General Retirement Plan for Employees of Carpenter Technology Corporation?
As of the 2024 Form 5500 filing, General Retirement Plan for Employees of Carpenter Technology Corporation holds $432M in total assets with 903 participants. It is sponsored by Carpenter Technology Corporation.
What type of plan is General Retirement Plan for Employees of Carpenter Technology Corporation?
General Retirement Plan for Employees of Carpenter Technology Corporation is a Defined Benefit (Pension) plan. It has been effective since 1950-01-01. The plan is filed with the U.S. Department of Labor under EIN 230458500.
Who sponsors the General Retirement Plan for Employees of Carpenter Technology Corporation?
General Retirement Plan for Employees of Carpenter Technology Corporation is sponsored by Carpenter Technology Corporation, located in Pennsylvania. The sponsor's EIN is 230458500 and the plan operates in the Manufacturing industry.
How did General Retirement Plan for Employees of Carpenter Technology Corporation perform in 2024?
General Retirement Plan for Employees of Carpenter Technology Corporation declined by 22.7% during 2024, moving from $558M to $432M in total assets. Net income was $-126,302,032.
Where can I find official filings for General Retirement Plan for Employees of Carpenter Technology Corporation?
Official Form 5500 filings for General Retirement Plan for Employees of Carpenter Technology Corporation are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 230458500 or plan name at efast.dol.gov.
How does General Retirement Plan for Employees of Carpenter Technology Corporation compare to other plans?
You can compare General Retirement Plan for Employees of Carpenter Technology Corporation against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.