Carpenter Technology Corporation 401(k) Plan: Login, Facts & Contact Information

Carpenter Technology Corporation 401(k) Plan Facts

Plan name
CARPENTER TECHNOLOGY CORPORATION 401(K) RETIREMENT
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
CARPENTER TECHNOLOGY CORPORATION
Participants
5,174 (3,773 active employees)
Former employees with a balance
1,135
Plan assets
$885,360,148 at Dec 31, 2024
Average account balance
$176,895 across 5,005 accounts
Employer contributions
$28,375,599 in plan year 2024 (44% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1983
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $64.7 million went into the plan in contributions, $28.4 million of it from the employer (44%).
  • $76.1 million was paid out to participants.
  • Investment and other income added $119.5 million.
  • Administrative expenses were $800,049, about $160 per account.

How the Carpenter Technology Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,656$688.1 million$25.0 million$51.1 million
20204,894$718.2 million$22.2 million$96.1 million
20214,617$778.2 million$20.9 million$84.4 million
20224,554$654.4 million$22.8 million$63.8 million
20234,761$778.1 million$26.8 million$60.4 million
20245,174$885.4 million$28.4 million$76.1 million

Carpenter Technology Corporation 401(k) Contact Information

Phone
610-208-2000
Mailing address
P.O. BOX 14662, READING PA 196124662
Plan sponsor
CARPENTER TECHNOLOGY CORPORATION
Employer identification number (EIN)
23-0458500
Plan number
020

Questions about the Carpenter Technology Corporation 401(k)

Does Carpenter Technology Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $28.4 million, 44% of all contributions.

Does the Carpenter Technology Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Carpenter Technology Corporation 401(k) plan?

5,174 participants at the start of plan year 2024, 3,773 of them active employees, and 1,135 former employees who still had money in the plan.

What is the average 401(k) balance at Carpenter Technology Corporation?

About $176,895 per account: $885.4 million in plan assets across 5,005 accounts with a balance at the end of plan year 2024.

Who manages the Carpenter Technology Corporation 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Carpenter Technology Corporation. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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