| Schedule of Fair Value Hierarchy |
The following tables set forth by level within the fair value hierarchy a summary of the Plan’s investments measured at fair value on a recurring basis as of December 31, 2025 and 2024.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements as of December 31, 2025 Using: | | | | Active Markets
for Identical
Assets (Level 1) | | Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | Total | | Registered Investment Companies: | | | | | | | | | | Domestic stock funds | | $ | 113,351,630 | | | $ | — | | | $ | — | | | $ | 113,351,630 | | | International stock funds | | 19,239,982 | | | — | | | — | | | 19,239,982 | | | Bond fund | | 15,955,459 | | | — | | | — | | | 15,955,459 | | | Money market fund | | 324,556 | | | — | | | — | | | 324,556 | | | Crane Company Stock Fund | | 88,425,242 | | | — | | | — | | | 88,425,242 | | | Total | | $ | 237,296,869 | | | $ | — | | | $ | — | | | $ | 237,296,869 | | | Investments measured at NAV: | | | | | | | | | | Collective Trust Funds | | | | | | | | $ | 883,088,186 | | | Stable Value Fund | | | | | | | | 95,808,365 | | | Total investments | | | | | | | | $ | 1,216,193,420 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements as of December 31, 2024 Using: | | | Active Markets
for Identical
Assets (Level 1) | | Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | Total | | Registered Investment Companies: | | | | | | | | | | Domestic stock funds | | $ | 232,333,816 | | | $ | — | | | $ | — | | | $ | 232,333,816 | | | International stock funds | | 17,515,770 | | | — | | | — | | | 17,515,770 | | | Bond fund | | 11,550,915 | | | — | | | — | | | 11,550,915 | | | Money market fund | | 971,969 | | | — | | | — | | | 971,969 | | | Crane Company Stock Fund | | 85,926,972 | | | — | | | — | | | 85,926,972 | | | Crane NXT, Co. Stock Fund | | 30,972,339 | | | — | | | — | | | 30,972,339 | | | Total | | $ | 379,271,781 | | | $ | — | | | $ | — | | | $ | 379,271,781 | | | Investments measured at NAV: | | | | | | | | | | Collective Trust Funds | | | | | | | | $ | 691,820,193 | | | Stable Value Fund | | | | | | | | 95,189,761 | | | Total investments | | | | | | | | $ | 1,166,281,735 | |
The following tables set forth a summary of the Plan’s investments whose values were estimated using a reported NAV at December 31, 2025 and 2024. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Estimated Using NAV as of December 31, 2025 | | Investment | | Fair Value | | Unfunded
Commitment | | Redemption
Frequency | | Other
Redemption
Restrictions | | Redemption
Notice
Period | | Vanguard Retirement Savings Trust III | | $ | 95,808,365 | | | None | | Immediate | | see Note 4 | | None | | Eagle Mid Cap Growth Collective Investment Trust; Class 1 | | $ | 21,080,797 | | | None | | Immediate | | see Note 3 | | 5 Days (a) | | JPMCB Large Cap Growth Fund; CF-A Class | | $ | 114,310,250 | | | None | | Immediate | | see Note 3 | | None | | MFS Mid Cap Value Fund; CT | | $ | 23,250,948 | | | None | | Immediate | | see Note 3 | | 5 Days (b) | | Vanguard Institutional 500 Index Trust D | | $ | 148,161,344 | | | None | | Immediate | | see Note 3 | | None | | Vanguard Institutional Total Bond Market Index Trust D | | $ | 65,589,933 | | | None | | Immediate | | see Note 3 | | None | | Vanguard Institutional Total International Stock Market Index Trust D | | $ | 59,827,907 | | | None | | Immediate | | see Note 3 | | None | | Target date retirement collective trust funds | | $ | 450,867,007 | | | None | | Immediate | | None | | None |
(a) For withdrawals in excess of 20% of Participating Plan's investment in the Fund, 5 days advance written notice is required. (b) For withdrawals exceeding $1.0 million, 5 days advance written notice is required.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Estimated Using NAV as of December 31, 2024 | | Investment | | Fair Value | | Unfunded
Commitment | | Redemption
Frequency | | Other
Redemption
Restrictions | | Redemption
Notice
Period | | Vanguard Retirement Savings Trust III | | $ | 95,189,761 | | | None | | Immediate | | see Note 4 | | None | | Eagle Mid Cap Growth Collective Investment Trust; Class 1 | | $ | 23,667,448 | | | None | | Immediate | | see Note 3 | | 5 Days (a) | | MFS Mid Cap Value Fund; CT | | $ | 26,896,487 | | | None | | Immediate | | see Note 3 | | 5 Days (b) | | Vanguard Institutional 500 Index Trust | | $ | 144,835,741 | | | None | | Immediate | | see Note 3 | | None | | Vanguard Institutional Total Bond Market Index Trust | | $ | 61,748,667 | | | None | | Immediate | | see Note 3 | | None | | Vanguard Institutional Total International Stock Market Index Trust | | $ | 51,335,160 | | | None | | Immediate | | see Note 3 | | None | | Target date retirement collective trust funds | | $ | 383,336,688 | | | None | | Immediate | | None | | None |
(a) For withdrawals in excess of 20% of Participating Plan's investment in the Fund, 5 days advance written notice is required. (b) For withdrawals exceeding $1.0 million, 5 days advance written notice is required
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