Crane Aerospace & Electronics Employee Benefit: 401K Plan | Glassdoor

Crane Aerospace & Electronics 401K Plan

Updated Mar 04, 2015

24 employees reported this benefit

2.8
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Available to US-based employees (Change location)

Employee Comments

Showing 1–6 of 6
  • Sep 07, 2018
    StarStarStarStarStar Current Engineer in West Caldwell, New Jersey

    very limited options from vanguard

  • Apr 11, 2017
    StarStarStarStarStar Former Inspector II in Burbank, California

    I was not on Crane's payroll long enough to really benefit from the 401 k plan. So when I left I was only taking my money that I put in the account.

  • Jan 09, 2017
    StarStarStarStarStar Former Electrical Engineer II in Lynnwood, Washington State

    They have a matching program but the total matching amount isn't a ton if you are a big saver.

  • Jun 04, 2016
    StarStarStarStarStarEmployee

    The direct matching timed with your own deposits is 50% matching of your first 6%. So you put in 6% and they put in 3%. Another 3% is deposited around the end of Q2 of the following year if you were employed for the full previous calendar year. Time spent as a contract worker (if applicable) does not count. If it were not for the delay of that additional 3% deposit, this would be an average benefit in the industry. 2 stars.

  • Apr 16, 2015
    StarStarStarStarStar Current Technician III in Fort Walton Beach, Florida

    Crane continues to delay company contributions non-match part of 401K. (i.e. the previous year non-match part is not deposited until March or after, and is spread over monthly pay periods making company non-match contributions over 1 yr. delayed. IMO....shouldn't even be legal.

  • Sep 18, 2014
    StarStarStarStarStar Current Employee in Redmond, Washington State

    The 401K has a good offering of funds and has performed well

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