401(k) · DOL Form 5500 · 2023

Crane Company 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
5,760
Participants Above avg headcount
99th
Percentile by assets National rank
$186,191
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Crane Savings and Investment Plan · Sponsored by Crane Company · Connecticut · Manufacturing

$1.1B in assets, 5,760 participants

Crane Company's Crane Savings and Investment Plan reported $1.1B in total assets and 5,760 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,291 in Manufacturing (18,722 peers)

Coverage in Connecticut

Crane Savings and Investment Plan covers 5,760 participants in Connecticut, 8.0x the typical Connecticut plan (state average ~718 per filing). Assets: $1.1B.

#18,291
in Manufacturing (18,722 peers)
-11.5%
assets change YoY
11×
vs typical plan assets (national mean)

Crane Savings and Investment Plan's outsized position by total assets

Crane Savings and Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,072,457,799 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Crane Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Crane Savings and Investment Plan lands in the large band (5,760 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Crane Savings and Investment Plan reported net income rose from -$245M in the plan year 2022 filing to $160M in the plan year 2023 filing.
  • Crane Savings and Investment Plan end-of-year assets fell from $1.2B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Crane Savings and Investment Plan reported participants rose from 5,645 in the plan year 2022 filing to 5,760 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 882846451 · Crane Company PY 2023 · 401(k)

Crane Savings and Investment Plan · $1.1B · 5,760 · 99th

  • BOOK $1.1B
  • VS-ST 5,760
  • BOY 99th
  • SCH 401(k)
  • EBSA near Mylan Profit Sharing 401(k) Plan
  • PART ind #18291

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Connecticut →

Crane Savings and Investment Plan in the asset neighbourhood

Annuity Fund of Local No. One, I. a. T. S. E.Annuity Fund of Local No. On…$1.1BCrane Savings and Investment PlanCrane Savings and Investment…$1.1BMylan Profit Sharing 401(k) PlanMylan Profit Sharing 401(k) …$1.1BVericast Corp. 401(k) Plan$1.1BCrown Castle Inc. 401(k) Plan$1.1B
End-of-year total assets ($B) among Crane Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.1B
Net Income$160M
Employer EIN882846451
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Crane Company)

Sponsor-wide plan assets over time

All Crane Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 0.5588134406664068% vs 2022
2024 filing year
$1.5B$1.55B$1.6B$1.65B$1.7B 202220232024 $1.63B $1.64B ▲ +0.6%
Year Plans Participants Total Assets
2022 2 6,445 $1.6B
2023 2 6,487 $1.5B
2024 2 4,337 $1.6B

Nearby 401(k) Plans in Connecticut

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Crane Savings and Investment Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Crane Savings and Investment Plan, Total assets ($B): 1.072457799 · Participants: 5760Crane Savings and Investment PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Crane Savings and Investment Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Scale composition for Crane Savings and Investment Plan

Crane Savings and Investment Plan reports $1.1B in end-of-year assets across 5,760 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $186,191 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $160M.

This plan identity (EIN 882846451, plan #038) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.2B (-2.7%) while covered participants moved from 5,645 to 3,821 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,645 $1.2B Open filing
2023 5,760 $1.1B This page
2024 · index core 3,821 $1.2B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Crane Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Mylan Profit Sharing 401(k) Plan in PA ($1.1B); by covered participants it is Paycom 401(k) Plan in OK (5,759 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,760 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Crane Savings and Investment Plan assets move in 2023? ▼
Crane Savings and Investment Plan pulled back noticeably - down 11.5% during 2023, from $1.2B to $1.1B. Reported net income was $160M.
How have Crane Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Crane Company's sponsor-wide assets grew 0.6%, from $1.6B to $1.6B.
Where does Crane Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Crane Savings and Investment Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Crane Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mylan Profit Sharing 401(k) Plan in PA ($1.1B, 2,650 participants).
Which 401(k) plans cover a similar participant headcount to Crane Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Paycom 401(k) Plan in OK (5,759 participants, $247M in assets).