Plan Snapshot
- Plan Sponsor: Carpenter Technology Corporation
- Sponsor EIN: 230458500
- Sponsor Address: 101 W. BERN STREET, READING, PA, 19601
- Plan Type: DB
- Total Participants: 845
- Total Assets: $431.5M
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 | 845 | $431.5M | $55.2M | $0 |
| 2023 | 903 | $557.9M | $0 | $0 |
| 2022 | 941 | $590.9M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | PLAN ACTUARY | $637,376 | — | $637,376 |
| ALIGHT SOLUTIONS, LLC | RECORD KEEPER | $287,190 | — | $287,190 |
| JP MORGAN CHASE BANK, N.A. | TRUSTEE | $200,406 | $13,281 | $213,687 |
| BLACKROCK CAPITAL MANAGEMENT, INC. | INVESTMENT MANAGER | $49,360 | — | $49,360 |
| SCHNEIDER DOWNS & CO., INC | PLAN AUDITOR | $28,833 | — | $28,833 |
| MPS COMMUNICATION | NONE | $20,641 | — | $20,641 |
| INDEPENDENT INSURANCE ANALYSTS LLC | NONE | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS, LLC — RECORD KEEPER
- JP MORGAN CHASE BANK, N.A. — TRUSTEE
- SCHNEIDER DOWNS & CO., INC — PLAN AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,244,587
- Estimated Expense Ratio: 0.288% 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 | $4,595,715 | $462,156 | — | $28,833 | — |
| 2023 | $4,689,772 | $578,802 | — | $29,750 | — |
| 2022 | $4,779,000 | $259,000 | — | — | $1,442,000 |