Employers › Carrier Global
Recordkeeping fees per participant · Carrier Retirement Savings Plan · plan year 2024
$53.65
Higher than 55% of the 1,697 plans $250M to 1B that report it.
= $689,439 / 12,851
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250926123004NAL0008533569001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926123004NAL0008533569001, received 2025-09-26
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 2025-09-26.
Administrative expenses excluding investment management, per participant
$75.44
Higher than 59% of the 2,324 plans $250M to 1B that report it.
= $969,442 / 12,851
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250926123004NAL0008533569001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926123004NAL0008533569001, received 2025-09-26
Administrative expenses per participant
$121.80
Higher than 71% of the 2,405 plans $250M to 1B that report it.
= $1,565,194 / 12,851
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250926123004NAL0008533569001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926123004NAL0008533569001, received 2025-09-26
Administrative expenses as a share of assets
0.157%
Higher than 85% of the 2,407 plans $250M to 1B that report it.
= $1,565,194 / $998,061,534
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250926123004NAL0008533569001, received 2025-09-26
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250926123004NAL0008533569001, received 2025-09-26
Employer contributions per participant
$7,157
Higher than 86% of the 2,457 plans $250M to 1B that report it.
= $91,976,477 / 12,851
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250926123004NAL0008533569001, received 2025-09-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926123004NAL0008533569001, received 2025-09-26
Employer share of total contributions
40.8%
Higher than 77% of the 2,459 plans $250M to 1B that report it.
= $91,976,477 / $225,462,920
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250926123004NAL0008533569001, received 2025-09-26
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250926123004NAL0008533569001, received 2025-09-26
Plan terms are described in Carrier Global Corporation's SEC filings: Form 10-K filed 2026-02-05. No term could be quoted from them with the required precision.
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250926123004NAL0008533569001, received 2025-09-26
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CARRIER GLOBAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Plan name | CARRIER RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Sponsor EIN / plan number | 83-4051582 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Sponsor location | PALM BEACH GARDENS, FL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Industry (business code) | 333410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Filing received | 2025-09-26 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Participants, beginning of year | 14,355 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Active participants | 10,233 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Participants, end of year | 13,622 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Participants with an account balance | 12,851 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Total assets, beginning of year | $790,990,468 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Total assets, end of year | $998,061,534 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Net assets, end of year | $997,665,134 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Total income | $340,123,410 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Net income | $206,959,222 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Employer contributions | $91,976,477 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Participant contributions | $112,406,760 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Other contributions (incl. rollovers) | $21,079,683 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Total contributions | $225,462,920 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Benefit payments | $131,598,994 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Total expenses (incl. benefit payments) | $133,164,188 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Total administrative expenses | $1,565,194 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Contract administrator fees | $70,686 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Recordkeeping fees | $689,439 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| IQPA audit fees | $27,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Investment advisory and management fees | $595,752 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Administrative expenses excluding investment management | $969,442 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Held in common/collective trusts | $908,074,245 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250926123004NAL0008533569001, received 2025-09-26 |
| Independent auditor | GRANT THORNTON, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250926123004NAL0008533569001, received 2025-09-26 |
Position = column in the DOL layout for form year 2024. Filing 20250926123004NAL0008533569001, received 2025-09-26.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLCrecordkeeper | NONE | 15 Recordkeeping and information management; 50 Direct payment from the plan; 99 Other fees | $689,439 | yes |
| STATE STREET GLOBAL ADVISORS | NONE | 18 Custodial (other than securities); 19 Custodial (securities); 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $252,797 | yes |
| STATE STREET BANK AND TRUST COMPANY | NONE | 19 Custodial (securities); 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 62 Float revenue; 63 Distribution (12b-1) fees; 99 Other fees | $182,317 | yes |
| MORNINGSTAR INVESTMENT MNGMNT, LLC | NONE | 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $141,460 | no |
| WILLIS TOWERS WATSON | NONE | 16 Consulting (general); 27 Investment advisory (plan); 50 Direct payment from the plan | $124,495 | no |
| ALLIANCEBERNSTEIN L.P. | NONE | 28 Investment management; 49 Other services; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions; 72 Other investment fees and expenses | $77,000 | yes |
| CONDUENT HUMAN RESOURCE SERVCS, LLC | NONE | 16 Consulting (general); 50 Direct payment from the plan | $70,686 | no |
| GRANT THORNTON, LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $27,000 | no |
| ALIGHT FINANCIAL SOLUTIONS, LLC | NONE | 33 Securities brokerage; 61 Finders fees / placement fees; 63 Distribution (12b-1) fees | $0 | yes |
| PERSHING LLC | NONE | 59 Shareholder servicing fees; 61 Finders fees / placement fees; 71 Securities brokerage commissions and fees; 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250926123004NAL0008533569001, received 2025-09-26.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $790,990,468 | $998,061,534 | 26.2% |
| Participants with a balance | 13,012 | 12,851 | -1.2% |
| Administrative expenses | $1,496,672 | $1,565,194 | 4.6% |
| Recordkeeping fees per participant | $52.37 | $53.65 | 2.4% |
| Employer contributions | $85,721,492 | $91,976,477 | 7.3% |
Prior filing 20241002071640NAL0014498912001, received 2024-10-02; the plan years are contiguous.
Sponsor name as filed: CARRIER GLOBAL CORPORATION; SEC registrant: CARRIER GLOBAL Corp (CIK 1783180, matched by EIN; display name from the Form 10-K cover).