401(k) · DOL Form 5500 · 2023
Crane Company 401(k) Plan
Data updated 2026-08-11
- $1.1B
- Total assets
- 5,760
- Participants
- 99th
- Percentile by assets
- $186,191
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.1B
- total plan assets (2023 EOY)
- 5,760
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $186,191
- avg assets per participant
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.
Participants vs Connecticut filers
In Connecticut, the average filing covers about 718 participants across 1,906 plans. Crane Savings and Investment Plan reports 5,760 participants - 8.0x that state average ($1.1B EOY assets).
Connecticut filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $160M |
| Employer EIN | 882846451 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Crane Company)
| 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
- Rtx Savings Plan $52.8B · 123,037
- Citi Retirement Savings Plan $20.7B · 77,865
- The Hartford Investment and Savings Plan $6.5B · 18,377
- Xerox Corporation Savings Plan $3.9B · 10,291
- Eversource 401(k) Plan $3.8B · 9,504
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 (401(k), $1.2B, 3,821 participants)
- Pension Plan for All Eligible Employees of Crane (Defined Benefit (Pension), $459M, 516 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Crane Savings and Investment Plan by total assets, not by location.
- Mylan Profit Sharing 401(k) Plan (PA) $1.1B · 2,650
- Vericast Corp. 401(k) Plan (TX) $1.1B · 4,753
- Crown Castle Inc. 401(k) Plan (TX) $1.1B · 5,351
- Annuity Fund of Local No. One, I. a. T. S. E. (NY) $1.1B · 19,326
Frequently Asked Questions
How did Crane Savings and Investment Plan assets move in 2023? ▼
How have Crane Company plan assets changed over time? ▼
Where does Crane Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Crane Savings and Investment Plan? ▼
Next read for Crane Savings and Investment Plan
Filing takeaways
Ways to act on Crane Savings and Investment Plan's numbers.
- By total assets, Crane Savings and Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
- Crane Company's sponsor-wide assets have grown 0.6% since 2022 across 3 plan years on file. More Manufacturing plans