Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
CARPENTER TECHNOLOGY CORPORATION
EIN 23-0458500consumer goodsLatest filing 2024
Plans
11
Retirement
4
$1.44B assets
Welfare
7
$6.7M premiums
Participants
23,109
101 W. BERN STREET - READING, PA 19601610-208-2000carpentertechnology.comLinkedIn1001-5000 employeesconsumer goods
Plans on this EIN
11 filings#020ESOP-$885.4M - 5,079 part#010CashBalance-$431.5M - 3,513 part#002TraditionalDB-$79.3M - 735 part#019401k-$40.0M - 447 part#509Mixed-$2.8M - 3,673 lives#506Mixed-$2.0M - 5,607 lives#530Fully Insured-$1.6M - 514 lives#510Mixed-$255K - 919 lives#501Fully Insured-$10K - 3,586 lives#523Self Funded-0 lives#525Unknown-0 lives
Retirement portfolio analytics
4 plans aggregated / $1.44B assets / 9,774 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
64%top
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
7 plans / $6.7M premiums / 14,299 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$4.6M
- Other$2.4M
- Health$1.6M
- Prescription drug$1.6M
- Vision$453K
Carrier market share
Premium dollars by Schedule A carrier
36%top
- METROPOLITAN LIFE INSURANCE COMPANY36%
- PRUDENTIAL INSURANCE COMPANY OF AMERICA33%
- BLUE CROSS OF CALIFORNIA24%
- LIFE INSURANCE COMPANY OF NORTH AMERICA7%
- ACE AMERICAN INSURANCE COMPANY0%
Broker market share
Schedule A broker compensation
100%top
- AON CONSULTING INC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#020
CARPENTER TECHNOLOGY CORPORATION 401(K) RETIREMENT
ESOP
Assets$885.4M
Participants5,079
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#010
GENERAL RETIREMENT PLAN FOR EMPLOYEES OF CARPENTER TECHNOLOGY CORPORATION
CashBalance
Assets$431.5M
Participants3,513
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002
LATROBE STEEL COMPANY PENSION PLAN FOR BARGAINING UNIT EMPLOYEES
TraditionalDB
Assets$79.3M
Participants735
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#019
LATROBE COMPANY 401(K) RETIREMENT PLAN
401k
Assets$40.0M
Participants447
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#509
CARPENTER TECHNOLOGY CORPORATION RETIREE HEALTH REIMBURSEMENT AND LIFE INSURANCE PLAN
Mixed - PRUDENTIAL INSURANCE COMPANY OF AMERICA
Premiums$2.8M
Covered lives3,673
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#506
PROGRAM OF INSURANCE BENEFITS FOR EMPLOYEES
Mixed - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$2.0M
Covered lives5,607
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#530
LATROBE STEEL COMPANY RETIREE GROUP HEALTH BENEFITS PLAN
Fully Insured - HIGHMARK BLUE CROSS BLUE SHIELD
Premiums$1.6M
Covered lives514
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#510
LATROBE STEEL COMPANY HEALTH AND LIFE BENEFIT PLAN
Mixed - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$255K
Covered lives919
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#501
TRAVEL ACCIDENT INSURANCE PLAN FOR EMPLOYEES
Fully Insured - ACE AMERICAN INSURANCE COMPANY
Premiums$10K
Covered lives3,586
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#523
CARPENTER TECHNOLOGY CORPORATION SEVERANCE PLAN FOR EMPLOYEES
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#525
ACTIVE EMPLOYEES SUPPLEMENTAL DEATH BENEFIT PLAN
Unknown
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans4
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 020 | CARPENTER TECHNOLOGY CORPORATION 401(K) RETIREMENT | ESOP | $885.4M | 5,079 | 2024 | |
| 010 | GENERAL RETIREMENT PLAN FOR EMPLOYEES OF CARPENTER TECHNOLOGY CORPORATION | CashBalance | $431.5M | 3,513 | 2024 | |
| 002 | LATROBE STEEL COMPANY PENSION PLAN FOR BARGAINING UNIT EMPLOYEES | TraditionalDB | $79.3M | 735 | 2024 | |
| 019 | LATROBE COMPANY 401(K) RETIREMENT PLAN | 401k | $40.0M | 447 | 2024 |
Welfare plans7
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 509 | CARPENTER TECHNOLOGY CORPORATION RETIREE HEALTH REIMBURSEMENT AND LIFE INSURANCE PLAN | Mixed | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $2.8M | 3,673 | 2024 | |
| 506 | PROGRAM OF INSURANCE BENEFITS FOR EMPLOYEES | Mixed | METROPOLITAN LIFE INSURANCE COMPANY | $2.0M | 5,607 | 2024 | |
| 530 | LATROBE STEEL COMPANY RETIREE GROUP HEALTH BENEFITS PLAN | Fully Insured | HIGHMARK BLUE CROSS BLUE SHIELD | $1.6M | 514 | 2024 | |
| 510 | LATROBE STEEL COMPANY HEALTH AND LIFE BENEFIT PLAN | Mixed | METROPOLITAN LIFE INSURANCE COMPANY | $255K | 919 | 2024 | |
| 501 | TRAVEL ACCIDENT INSURANCE PLAN FOR EMPLOYEES | Fully Insured | ACE AMERICAN INSURANCE COMPANY | $10K | 3,586 | 2024 | |
| 523 | CARPENTER TECHNOLOGY CORPORATION SEVERANCE PLAN FOR EMPLOYEES | Self Funded | - | $0 | 0 | 2024 | |
| 525 | ACTIVE EMPLOYEES SUPPLEMENTAL DEATH BENEFIT PLAN | Unknown | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans