Home>401K Directory>Amended And Restated Crane Co Savings And Investment Plan>Form 5500

Crane Co.

Plan Rating

Overview Financials Service Providers Investments Insurance Information

FORM 5500 DATA

Amended and Restated Crane Co. Savings and Investment Plan

Plan Rating

Overview Financials Service Providers Investments Insurance Information

Overview

Plan Information

Plan Year01/01/2019 — 12/31/2019
Date of Plan01/01/1985
Net Assets as of 12/31/2019 $1,081,943,424
Plan Number38
Plan Type Single Employer
Is the plan collectively bargained? No
Did the plan file for an extension of time or the DFVC Program? No
Plan Funding Arrangement Trust
Plan Benefit Arrangement Trust

Participant Information as of 12/31/2019

Active (Eligible) Participants5,318
Retired or separated participants receiving benefits215
Other retired or separated participants entitled to future benefits2,810
Subtotal8,343
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits46
Total8,389
Total number of participants as of 01/01/20198,083
Number of participants with account balances8,262
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested470

Expenses

Total Benefit Payments$0
Corrective Distributions$0
Administrative Service Providers$0
Other Expenses$0
Total Expenses$0
Total Transfers$0

Audit Information

Audit StatusAudited
AuditorDeloitte & Touche LLP
Auditor EIN13-3891517
Audit OpinionUnqualified
Audit Type Full Audit

Benefits Provided Under the Plan

Code	Benefit	Description
2E	Profit-sharing	A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F	ERISA section 404(c) Plan	This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2H	Partial participant-directed account plan	Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J	Code section 401(k) feature	A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K	Code section 401(m) arrangement	Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2O	ESOP other than a leveraged ESOP	An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock.
2T	Participant-directed Account	Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3H	Controlled Group	Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question	Answer	Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102?	No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance.	No
Were any leases to which the plan was a party in default or classified during the year as uncollectible?	No
Were there any nonexempt transactions with any party-in-interest?	No
Was this plan covered by a fidelity bond?	Yes	$10,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty?	No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser?	No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser?	No
Did the plan have assets held for investment?	Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets?	No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC?	No
Has the plan failed to provide any benefit when due under the plan?	No
If this is an individual account plan, was there a blackout period?	No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3?	No

Financials

Income and Expense Statement

Income

$247,116,532

Contributions

$61,555,841

Cash Contributions

$61,555,841

	Cash from Employers	$23,263,718
	Cash from Participants	$35,612,576
	Others (including rollovers)	$2,679,547

Noncash Contributions

Total Earnings on Investments

$185,412,305

Total Interest

$975,679

	Interest-Bearing Cash	$0
	U.S. Government Securities	$0
	Corporate Debt Instruments	$0
	Loans (other than to participants)	$0
	Participant Loans	$975,679
	Interest from Other Investments	$0

Total Dividends

$15,338,028

	Preferred Stock	$0
	Common Stock	$1,510,425

Rents

Net gain (loss) on sale of assets

$1,425,683

	Aggregate Proceeds	$14,467,971
	Aggregate Carrying Amount	$13,042,288

Total Unrealized Appreciation (depreciation) of assets

$12,602,582

	Real Estate	$0
	Other	$12,602,582

Net investment gain (loss) from common/collective trusts

$56,010,945

Net investment gain (loss) from pooled separate accounts

Net investment gain (loss) from master trust investment accounts

Net investment gain (loss) from 103-12 investment entities

Net investment gain (loss) from registered investment companies

$99,059,388

Other Income

$148,386

Expenses

$83,567,062

Total Benefit Payments

$82,378,196

	Directly to participants or beneficiaries, including direct rollovers	$82,378,135
	To insurance carriers for the provision of benefits	$0
	Other Benefit Payment Fees	$61

Corrective Distributions

$253,597

Certain deemed distributions of participant loans

$19,607

Interest expense

Total Administrative Expenses

$915,662

	Professional Fees	$0
	Contract Administrator Fees	$0
	Investment Advisory and management fees	$0
	Other Administrative Fees	$915,662

Net Income

$163,549,470

	Transfers of Assets to this Plan	$0
	Transfers of Assets from this Plan	$0

Asset and Liability Statement

12/31/2019

12/31/2018

Change YOY

Total Assets

$1,081,943,424

$918,393,954

17.81%

Total noninterest-bearing cash

0.0%

Receivables

$1,770,034

$1,762,879

0.41%

Employer Contributions	$747,151	$741,697	0.74%
Participant Contributions	$1,022,883	$1,021,182	0.17%
Other Contributions	$0	$0	0.0%

General Investments

0.0%

Interest-bearing cash

0.0%

U.S. Government Securities

0.0%

Corporate Debt Instruments

0.0%

	Preferred		$0	$0	0.0%
	All Other		$0	$0	0.0%

Corporate Stocks

0.0%

	Preferred		$0	$0	0.0%
	Common		$0	$0	0.0%

Partnership/joint venture interests

0.0%

Real estate (other than employer real property)

0.0%

Loans (other than to participants)

0.0%

Participants Loans

$15,440,787

$15,554,222

-0.73%

Value of interest in common/collective trusts

$442,176,642

$376,840,938

17.34%

Value of interest in pooled separate accounts

0.0%

Value of interest in master trust investment accounts

0.0%

Value of interest in 103-12 investment entities

0.0%

Value of interest in registered investment companies

$542,953,660

$451,469,398

20.26%

Value of funds held in insurance co. general account

0.0%

Other Investments

0.0%

Employer-related Investments

$79,602,301

$72,766,517

9.39%

	Employer Securities		$79,602,301	$72,766,517	9.39%
	Employer Real Property		$0	$0	0.0%

Buildings and other property used in plan operation

0.0%

Total Liabilities

0.0%

Benefit Claims Payable (1)	$0	$0	0.0%
Operating Payables (1)	$0	$0	0.0%
Acquisition Indebtedness (1)	$0	$0	0.0%
Other liabilities (1)	$0	$0	0.0%

Net Assets

$1,081,943,424

$918,393,954

17.81%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

The Vanguard Group, Inc.

Other Service Providers Receiving Direct or Indirect Compensation

Name	Nature of Service	Relationship to Plan Sponsor	Direct Compensation Paid by Plan	Indirect Compensation Paid by Plan	Total Compensation
The Vanguard Group, Inc.	Recordkeeping and information management (computing, tabulating, data processing, etc.), Consulting (general), Trustee (directed), Investment advisory (participants), Participant loan processing, Investment management fees paid indirectly by plan	NONE	$961,262	$0	$961,262
Total			$961,262	$0	$961,262

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Name of Investment	Investment Manager	Type of Investment	Dollar Value
Vftc Retirement Savings Trust III	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$128,335,960
Vftc Target Retirement 2025 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$69,368,855
Vftc Target Retirement 2020 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$47,964,868
Vftc Target Retirement 2030 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$47,530,850
Vftc Target Retirement 2035 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$41,282,475
Vftc Target Retirement 2040 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$25,253,176
Vftc Target Retirement 2045 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$21,854,243
Vftc Target Retirement 2050 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$19,114,884
Vftc Target Retirement 2015 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$17,351,833
Vftc Tgt Retirement Income Trust II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$9,804,874
Vftc Target Retirement 2055 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$9,409,187
Vftc Target Retirement 2060 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$4,024,503
Vftc Target Retirement 2065 Trst II	Vanguard Fiduciary Trust Company	DFE: Common/Collective Trust	$880,934
Managed Income Port II Commingled	Fidelity Management Trust Company	DFE: Common/Collective Trust	$0
Morley Stable Value Fd Class 20-Ii	Principal Global Investors Trust Company	DFE: Common/Collective Trust	$0
Total			$442,176,642

Insurance Information

There are no insurance carriers listed for this plan.

Crane Co.

Amended and Restated Crane Co. Savings and Investment Plan

Form 5500 Year:

Overview

Plan Information

Participant Information as of 12/31/2019

Expenses

Sponsor Information

Audit Information

Benefits Provided Under the Plan

Questions and Answers

Financials

Income and Expense Statement

Asset and Liability Statement

Service Providers

Persons Receiving Only Eligible Indirect Compensation

Other Service Providers Receiving Direct or Indirect Compensation

Indirect Compensation

Service Providers Who Fail or Refuse to Provide Information

Termination Information on Accountants and Enrolled Actuaries

Investments

Investments

Insurance Information

Insurance Information