Defined Benefit (Pension) · DOL Form 5500 · 2023

Crane Company Pension Plan

Data updated 2026-08-11

$453M
Total assets
727
Participants
97th
Percentile by assets
$622,912
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Pension Plan for All Eligible Employees of Crane · Sponsored by Crane Company · Connecticut · Manufacturing

$453M in assets, 727 participants

Crane Company's Pension Plan for All Eligible Employees of Crane reported $453M in total assets and 727 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,882 in Manufacturing (18,722 peers)

Where Pension Plan for All Eligible Employees of Crane sits by assets

Pension Plan for All Eligible Employees of Crane sits in the top 5% of all filed plans by assets, $453M for 727 participants (~$622,912/participant), up 8.7% in 2023.

$453M
total plan assets (2023 EOY)
727
covered participants
97th
percentile by assets (of 127,072 plans)
$622,912
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for All Eligible Employees of Crane reported net income rose from -$120M in the plan year 2022 filing to $36M in the plan year 2023 filing.
  • Pension Plan for All Eligible Employees of Crane reported participants fell from 800 in the plan year 2022 filing to 727 in the plan year 2023 filing.
  • Pension Plan for All Eligible Employees of Crane end-of-year assets rose from $417M in the plan year 2022 filing to $453M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Connecticut
Industry
Manufacturing

Pension Plan for All Eligible Employees of Crane vs the 2023 asset distribution

By assets, Pension Plan for All Eligible Employees of Crane outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$417M
Net Assets (End of Year)$453M
Net Income$36M
Employer EIN882846451
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Crane Company)

$1.5B$1.55B$1.6B$1.65B$1.7B 202220232024 $1.63B $1.64B ▲ +0.6%
Total plan assets by year, all Crane Company plans on file
Year Plans Participants Total Assets
2022 2 6,445 $1.6B
2023 2 6,487 $1.5B
2024 2 4,337 $1.6B

Nearby Defined Benefit (Pension) Plans in Connecticut

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan for All Eligible Employees of Crane vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Pension Plan for All Eligible Employees of Crane vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Pension Plan for All…Rtx Consolidated Pen…The Citigroup Pensio…Eversource Pension P…Retirement Plan for …The Hartford Retirem…
Pension Plan for All Eligible Employees of Crane vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Pension Plan for All Eligible Employees … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan for All Eligible Employees of Crane by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for All Eligible Employees of Crane assets move in 2023? ▼
Pension Plan for All Eligible Employees of Crane grew at a solid clip - up 8.7% during 2023, from $417M to $453M. Reported net income was $36M.
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 Pension Plan for All Eligible Employees of Crane rank by assets among Form 5500 filers? ▼
Pension Plan for All Eligible Employees of Crane ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for All Eligible Employees of Crane? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hawaii Pacific Health Retirement Plan in HI ($452M, 5,550 participants).

Next read for Pension Plan for All Eligible Employees …

Scale reading

Ways to act on Pension Plan for All Eligible Employees of Crane's numbers.

  • By total assets, Pension Plan for All Eligible Employees of Crane ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 882846451.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.