Carpenter Technology Corporation
Updated Filing received by DOL
Carpenter Technology Corporation, a manufacturing — metal, equipment, transportation employer in Reading, Pennsylvania, reported 3,840 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $2.7M in insurance premiums across 6 contracts and $52,810 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 10, 2025, within the extension window.
Who was paid on Carpenter Technology Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Carpenter Technology Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Aon · Chicago, IL | $0 | $52,810 | $52,810 | 3 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Prudential Insurance Company of Americalife | 1,044 | $2.2M | — | — |
| Vision Benefits of Americavision | 3,190 | $453,095 | — | — |
| Metropolitan Life Insurance Companylife | 5,607 | — | $29,052 | — |
| Metropolitan Life Insurance Companylife | 3,673 | — | $19,002 | — |
| Highmark Blue Cross Blue Shieldhealth, prescription drug, PPO | 514 | — | — | — |
| Metropolitan Life Insurance Companylife | 919 | — | $4,756 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Carpenter Technology Corporation compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 3,989 | 3,840 | −3.7% |
| Premiums filed | $2,528,362 | $2,671,810 | +5.7% |
| Broker commissions + fees | $53,580 | $52,810 | −1.4% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Program of Insurance Benefits for Employees#506 · insurance, general assets | December 31, 2024 | October 10, 2025 | within extension | 3,840 |
| Carpenter Technology Corporation Retiree Health Reimbursement and Life Insurance Plan#509 · amended · insurance, general assets, trust | December 31, 2024 | December 8, 2025 | amended filing; original date not in data | 2,800 |
| Latrobe Steel Company Retiree Group Health Benefits Plan#530 · insurance | December 31, 2024 | October 10, 2025 | within extension | 562 |
| Latrobe Steel Company Health and Life Benefit Plan#510 · insurance, general assets | December 31, 2024 | October 10, 2025 | within extension | 455 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Carpenter Technology Corporation pay in health insurance broker commissions in 2024?
Carpenter Technology Corporation's 2024 Form 5500 reports $52,810 in broker commissions and fees across 6 insurance contracts ($0 in commissions, $52,810 in fees), with Aon receiving the largest share.
Is Carpenter Technology Corporation's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Highmark Blue Cross Blue Shield.
How does Carpenter Technology Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Carpenter Technology Corporation because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.