Form 5500 · Employee benefit plan · READING, PA
CARPENTER TECHNOLOGY CORPORATION
The filing calls this plan CARPENTER TECHNOLOGY CORPORATION RETIREE HEALTH REIMBURSEMENT AND LIFE INSURANCE PLAN.
CARPENTER TECHNOLOGY CORPORATION of READING, PA files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is AON CONSULTING. Coverage is written through PRUDENTIAL INSURANCE COMPANY OF AMERICA and 1 other carrier. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 23-0458500 · plan 509 · plan year 2024, filed Dec 8, 2025
Get an email when this employer files a new Form 5500, and again about four months before its plan renews.
How this plan is funded
Self-funded as reported
The filing reports benefits paid from the plan's own money, and no medical insurance contract on Schedule A.
A stop-loss policy appears on a Form 5500 only when the plan itself is the beneficiary, or the premiums are paid from plan money. Many employers buy stop-loss and never report it here. So a plan with no stop-loss on its filing may still have it.
Benefits declared on this filing
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
All 2 insured contracts are life coverage, split across PRUDENTIAL INSURANCE COMPANY OF AMERICA and METROPOLITAN LIFE INSURANCE COMPANY.
The filing declares life and health. Health appears with no insured contract on Schedule A. That coverage may be self-funded, or placed with a carrier that is not on this filing.
Reported premium is $2,811,965; the filing discloses no broker commission on these contracts.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
AON CONSULTING is the broker of record on 1 of the 2 contracts; the rest name a different broker or none.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| PRUDENTIAL INSURANCE COMPANY OF AMERICA | Life, Annuity / GIC | 1,044 | Jan 1, 2025 | $2,218,715 | $0 |
| METROPOLITAN LIFE INSURANCE COMPANY | Life | 3,673 | Jan 1, 2025 | $593,250 | $0 |
Premium and claims on this contract
PRUDENTIAL INSURANCE COMPANY OF AMERICA, contract G-22221. For the contract year on this filing, the carrier reported $2,218,715 in premium earned and $1,822,803 in claims incurred. Dividing one by the other gives 82%.
- PRUDENTIAL INSURANCE COMPANY OF AMERICA, contract G-22221 reported $148,626 in retention.
Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.
Only experience-rated contracts report these figures, so most filings leave them blank.
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.
Money the plan held and paid out
Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H
These are the plan's own figures from Schedule H, the financial statement it files. They are not the premium on Schedule A.
Other plans filed by this employer
How this plan compares
Subscribers see how this compares with similar plans in Pennsylvania. A subscription also adds this plan's filing history and the renewal calendar for its state. See plans and prices
Without an account you can open 10 employer, broker and carrier pages a day, including through an AI assistant, and 50 a day with a free account. Paid plans are what keep these records free to read.
More employer plans in Pennsylvania — largest plans, brokers, carriers and renewal months.