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FOR WORKERS
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Retirement

General Crane USA 401K Plan

The company plan was established July 1, 1993.

During 2008 plan year, employees paid 4 times more in to the plan than the company. Additionally, participation in the plan dropped by over 50% from the previous year. Data for the most recent four years is available in the chart below. Click on the year to view the plan documents.

Year
Active Participants
71
72
93
45
Total Plan Assets
$2,206,213
$2,136,082
$2,196,239
$1,554,846
Employer Contributions
$50,044 (22%)
$46,921 (20%)
$59,390 (20%)
$55,159 (19%)
Participant Contributions
$176,862 (78%)
$184,084 (80%)
$231,086 (80%)
$238,410 (81%)
Employer Contributions per Participant
$704.85
$651.68
$638.60
$1,225.76
Benefits Paid
$406,602
$612,197
$393,176
$156,111
Participant Loans
$0.00
$0.00
$0.00
$0.00



Hunter/Merchant 401K Plan

The Hunter Crane / Merchant Transport 401K was established on May 1, 2005.

During the 2007 plan year, employees contributed 3 times more in to the plan than the company.

Year
Active Participants
67
71
74
Total Plan Assets
$384,126
$579,127
$543,289
Employer Contributions
$46,660 (24%)
$50,057 (25%)
$48,283 (25%)
Participant Contributions
$146,101 (76%)
$152,796 (75%)
$148,943 (75%)
Employer Contributions per Participant
$696.42
$705.03
$652.47
Benefits Paid
$4,883
$24,893
$31,957
Participant Loans
$1,852
$40,798
$39,837