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Company:
Carpenter Technology Corporation
Plan:
Savings Plan of Carpenter Technology Corporation
 

Carpenter Technology Corporation

74 Plan:

 
 
74
32
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
7 additional years of work
Up to $95,500 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Savings Plan of Carpenter Technology Corporation is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Savings Plan of Carpenter Technology Corporation currently has over 3,400 active participants and over $447.6M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 14662
Reading, PA 19612-4662 
Industry Manufacturing
Administrator Thomas F. Cramsey, VP and Cao
Net Plan Assets $448,000,000
Total Participants 3,400
Avg Account Balance $130,000

 Compare Other Companies in Peer Group

Allegheny Technologies 84.4
ArcelorMittal US 80.1
AK Steel 77.8
Steel Dynamics 76.8
Gerdau Ameristeel US 75.0
Commercial Metals Company 68.6

 Top 3 Funds in this 401k

1. Carpenter Technology Corporation Common Stock 15%
2. Vanguard 500 Index 13%
3. PIMCO Total Return 8%

  Plan Service Providers

Insurance Carrier CDC International
Insurance Carrier MetLife
Insurance Carrier Aegon
Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Auditor ParenteBeard, LLC

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