Carrier Global 401(k) match, vesting and fees
What Carrier Global's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alight Solutions LLC | Schedule C ↗ |
| Independent auditor | Grant Thornton, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 203 defined-contribution plans in manufacturing with 10,000 to 49,999 participants.
| Carrier Global: employer contribution per participant | $7,157 | |
| Peer median | $3,733 |
| Carrier Global: average balance | $77,633 | |
| Peer median | $157,962 |
| Carrier Global: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.05% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $791M at the end of plan year 2023 to $998M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 13,622 | $998M | $92M | $7,157 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 14,434 | $791M | $85.7M | $6,588 | 0.23% | Not published | Form 5500 ↗ |
Other Carrier Global plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Carrier Represented Employee Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Conduent HR Services | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Carrier Global match 401(k) contributions?
The match terms for the Carrier Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $92M in employer contributions, about $7,157 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Carrier Global 401(k) match vested?
The vesting schedule for the Carrier Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Carrier Global 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alight Solutions LLC. The plan administrator is Carrier Global Corporation.
I left Carrier Global. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Carrier Global Corporation, (561) 365-2000) or the recordkeeper, Alight Solutions LLC. The Carrier Global old 401(k) page lists the contacts from every plan filing. Find an old Carrier Global 401(k)
Data from the public Form 5500 annual reports Carrier Global filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Carrier Global. Not financial advice. Report a correction · Methodology