Plan Snapshot
- Plan Sponsor: Carpenter Technology Corporation
- Sponsor EIN: 230458500
- Sponsor Address: 101 W. BERN STREET, READING, PA, 19601
- Plan Type: DB
- Total Participants: 264
- Total Assets: $79.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 264 | $79.3M | $4.7M | $0 |
| 2023 | 298 | $81.5M | $9.9M | $0 |
| 2022 | 336 | $73.0M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHNEIDER DOWNS & CO., INC. | Auditor | $24,233 | — | $24,233 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHNEIDER DOWNS & CO., INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,233
- Estimated Expense Ratio: 0.031% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $911,759 | $75,079 | — | $24,233 | — |
| 2023 | $921,762 | $58,064 | — | $29,300 | — |
| 2022 | $936,000 | $66,000 | — | — | $320,000 |