Defined Benefit (Pension) · DOL Form 5500 · 2024
Carpenter Technology Corporation Pension Plan
Data updated 2026-08-25
- $79M
- Total assets Below avg plan size
- 298
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $265,966
- Avg per participant High balance/head
Official DOL plan name: Latrobe Steel Company Pension Plan for Bargaining Unit Employees · Sponsored by Carpenter Technology Corporation · Pennsylvania · Manufacturing
$79M in assets, 298 participants
Carpenter Technology Corporation's Latrobe Steel Company Pension Plan for Bargaining Unit Employees reported $79M in total assets and 298 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.
- #14,810 in Manufacturing (17,777 peers)
Coverage in Pennsylvania
Latrobe Steel Company Pension Plan for Bargaining Unit Employees covers 298 participants in Pennsylvania, about 36% of the average Pennsylvania filer (state average ~822 per filing). Assets: $79M.
- #14,810
- in Manufacturing (17,777 peers)
- -2.8%
- assets change YoY
- 0.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Latrobe Steel Company Pension Plan for Bargaining Unit Employees's outsized position by total assets
Latrobe Steel Company Pension Plan for Bargaining Unit Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$79,257,846 Top 11% higher than 89% 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
Latrobe Steel Company Pension Plan for Bargaining Unit Employees 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. Latrobe Steel Company Pension Plan for Bargaining Unit Employees sits mid-pack in the medium band (298 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Latrobe Steel Company Pension Plan for Bargaining Unit Employees reported net income fell from $8M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Latrobe Steel Company Pension Plan for Bargaining Unit Employees reported participants fell from 336 in the plan year 2023 filing to 298 in the plan year 2024 filing.
- Latrobe Steel Company Pension Plan for Bargaining Unit Employees end-of-year assets fell from $82M in the plan year 2023 filing to $79M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 230458500 · Carpenter Technology Corporation PY 2024 · Defined Benefit (Pension)
Latrobe Steel Company Pension Plan for Bargaining Unit Employees · $79M · 298 · 89th
- VS-ST $79M
- BOY 298
- SCH 89th
- EBSA Defined Benefit (Pension)
- PART near Association of American Railroads Pension Plan
- TYPE ind #14810
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 →
Latrobe Steel Company Pension Plan for Bargaining Unit Employees in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $82M |
|---|---|
| Net Assets (End of Year) | $79M |
| Net Income | -$2M |
| Employer EIN | 230458500 |
| Plan Effective Date | 1950-03-01 |
| 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
Latrobe Steel Company Pension Plan for Bargaining Unit Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Association of American Railroads Pension Plan in DC ($79M); by covered participants it is Mayer Brown LLP U.S.a. Cash Balance Pension Plan in IL (298 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($79M here).
- Association of American Railroads Pension Plan (DC) $79M · 558
- The Ahlstrom Group Retirement Plan for U.S. Employees (CT) $79M · 70
- Bakery Drivers Local 802 Pension Fund (NY) $79M · 381
- Ermco Defined Benefit Plan (TN) $79M · 1,545
Similar participant headcount
Nearest other-state filings by covered participants (298 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.