Employers › Carpenter Technology
Recordkeeping fees per participant · largest plan, Carpenter Technology Corporation 401(k) Retirement · plan year 2024
$40.92
Higher than 38% of the 1,697 plans $250M to 1B that report it.
= $204,781 / 5,005
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250923090920NAL0014373170001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923090920NAL0014373170001, received 2025-09-23
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-23.
Recordkeeping fees per participantheadline
$40.92
Higher than 38% of the 1,697 plans $250M to 1B that report it.
= $204,781 / 5,005
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250923090920NAL0014373170001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923090920NAL0014373170001, received 2025-09-23
Administrative expenses excluding investment management, per participant
$53.17
Higher than 35% of the 2,324 plans $250M to 1B that report it.
= $266,112 / 5,005
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250923090920NAL0014373170001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923090920NAL0014373170001, received 2025-09-23
Administrative expenses per participant
$159.85
Higher than 83% of the 2,405 plans $250M to 1B that report it.
= $800,049 / 5,005
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923090920NAL0014373170001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923090920NAL0014373170001, received 2025-09-23
Administrative expenses as a share of assets
0.090%
Higher than 61% of the 2,407 plans $250M to 1B that report it.
= $800,049 / $885,360,148
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923090920NAL0014373170001, received 2025-09-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250923090920NAL0014373170001, received 2025-09-23
Employer contributions per participant
$5,669
Higher than 78% of the 2,457 plans $250M to 1B that report it.
= $28,375,599 / 5,005
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923090920NAL0014373170001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923090920NAL0014373170001, received 2025-09-23
Employer share of total contributions
43.8%
Higher than 83% of the 2,459 plans $250M to 1B that report it.
= $28,375,599 / $64,714,817
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923090920NAL0014373170001, received 2025-09-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250923090920NAL0014373170001, received 2025-09-23
9.9% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($159.85 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Employer match
“The Company contributes an amount equal to 3% of each participant's base pay and a matching contribution of up to 6%, as defined by the plan document.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Employees are eligible to participate on their first day of employment.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“All contributions and plan earnings or losses thereon are immediately and fully vested and non-forfeitable.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“The Plan includes an auto-enrollment provision whereby all new eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
| Plan | Assets | Participants with a balance | Headline | Year |
|---|---|---|---|---|
| Carpenter Technology Corporation 401(k) Retirement | $885,360,148 | 5,005 | $40.92 recordkeeping fees per participant | 2024 |
| Latrobe Company 401(k) Retirement Plan | $39,972,427 | 445 | $37.23 recordkeeping fees per participant | 2024 |
Sponsor name as filed: CARPENTER TECHNOLOGY CORPORATION; SEC registrant: CARPENTER TECHNOLOGY CORP (CIK 17843, matched by EIN; display name from the Form 11-K cover).