Employer · plans filed under one EIN
Carpenter Technology Corporation
Reading, PA · Manufacturing
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
4 retirement plans with 100 or more participants file Form 5500 under Carpenter Technology Corporation's employer identification number (Reading, Pennsylvania). Their latest filings total 9,774 participant records and $1.44B in net assets.
The largest is Carpenter Technology Corporation 401(k) Retirement, an ESOP with a 401(k) feature with 5,079 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $89.2M and participant contributions $35.9M in the latest plan years; benefits paid were $279M. Schedule C compensation reported to service provider organisations totalled $2.4M.
Combined net assets moved from $1.07B in 2009 to $1.44B in 2024 (up 34%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Carpenter Technology Corporation 401(k) Retirement | ESOP with a 401(k) feature | 2024 | 5,079 | $885M | $174,318 | $7,521 | $834K |
| General Retirement Plan for Employees of Carpenter Technology Corporation | cash balance pension plan | 2024 | 3,513 | $431M | $122,805 | $65,365 | $1.2M |
| Latrobe Steel Company Pension Plan for Bargaining Unit Employees | defined benefit pension plan | 2024 | 735 | $79.2M | $107,779 | $17,682 | $298K |
| Latrobe Company 401(k) Retirement Plan | 401(k) plan | 2024 | 447 | $40.0M | $89,424 | $2,478 | $26K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 4 | 9,774 | $1.44B | $89.2M | $35.9M |
| 2023 | 4 | 10,705 | $1.45B | $37.1M | $33.4M |
| 2022 | 4 | 10,349 | $1.35B | $23.2M | $28.7M |
| 2021 | 4 | 10,232 | $1.81B | $30.2M | $26.1M |
| 2020 | 4 | 10,465 | $1.74B | $32.7M | $25.5M |
| 2019 | 4 | 12,440 | $1.71B | $32.1M | $28.5M |
| 2018 | 4 | 12,347 | $1.47B | $28.5M | $26.0M |
| 2017 | 4 | 12,291 | $1.65B | $24.8M | $23.2M |
| 2016 | 4 | 11,990 | $1.51B | $108M | $13.8M |
| 2015 | 4 | 10,929 | $1.39B | $4.9M | $15.0M |
| 2014 | 4 | 11,690 | $1.56B | $13.5M | $16.3M |
| 2013 | 4 | 11,726 | $1.55B | $24.3M | $15.9M |
| 2012 | 2 | 10,587 | $1.32B | $103M | $14.6M |
| 2011 | 2 | 10,910 | $1.15B | $41.9M | $13.7M |
| 2010 | 2 | 10,581 | $1.16B | $11.9M | $12.0M |
| 2009 | 2 | 10,457 | $1.07B | $4.1M | $10.7M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Willis Towers Watson US LLC | Actuarial; Contract Administrator; Consulting (pension); Investment advisory (plan) | 2 | $836,725 |
| Vanguard Advisers Inc. | Investment advisory (participants) | 2 | $532,557 |
| Alight Solutions, LLC | Recordkeeping and information management; Other services | 2 | $339,139 |
| The Vanguard Group, Inc. | Recordkeeping and information management; Consulting (general); Trustee (directed); Participant loan processing | 2 | $327,007 |
| JP Morgan Chase Bank, N.A. | Trustee (bank, trust company, or similar financial institution); Other services | 1 | $213,687 |
| Schneider Downs & Co., Inc. | Accounting (including auditing) | 2 | $53,066 |
| BlackRock Capital Management, Inc. | Investment management | 1 | $49,360 |
| Bank of America, N.A. | Trustee (bank, trust company, or similar financial institution) | 1 | $22,786 |
| MPS Communication | Other services | 1 | $20,641 |
| Independent Insurance Analysts LLC | Other services | 1 | $7,500 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Carpenter Technology Corporation have?
4 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Carpenter Technology Corporation 401(k) Retirement, General Retirement Plan for Employees of Carpenter Technology Corporation, Latrobe Steel Company Pension Plan for Bargaining Unit Employees and Latrobe Company 401(k) Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Carpenter Technology Corporation contribute to its plans?
$89,194,032 in employer contributions across these plans in their latest plan years, about $16,983 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Willis Towers Watson US LLC, Vanguard Advisers Inc., Alight Solutions, LLC and The Vanguard Group, Inc. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.