401(k) · DOL Form 5500 · 2023
Graco Inc 401(k) Plan
Data updated 2026-08-11
- $572M
- Total assets
- 2,708
- Participants
- 98th
- Percentile by assets
- $211,083
- Avg per participant
Official DOL plan name: Graco Employee Investment Plan · Sponsored by Graco Inc · Minnesota · Manufacturing
$572M in assets, 2,708 participants
Graco Inc's Graco Employee Investment Plan reported $572M in total assets and 2,708 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #18,014 in Manufacturing (18,722 peers)
Coverage in Minnesota
Graco Employee Investment Plan covers 2,708 participants in Minnesota, 2.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $572M.
- $572M
- total plan assets (2023 EOY)
- 2,708
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $211,083
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Graco Employee Investment Plan reported net income rose from -$101M in the plan year 2022 filing to $87M in the plan year 2023 filing.
- Graco Employee Investment Plan end-of-year assets rose from $484M in the plan year 2022 filing to $572M in the plan year 2023 filing.
- Graco Employee Investment Plan reported participants rose from 2,548 in the plan year 2022 filing to 2,708 in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Graco Employee Investment Plan reports 2,708 participants - 2.4x that state average ($572M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $484M |
|---|---|
| Net Assets (End of Year) | $572M |
| Net Income | $87M |
| Employer EIN | 410285640 |
| Plan Effective Date | 1972-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Graco Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,987 | $734M |
| 2023 | 2 | 3,108 | $699M |
| 2024 | 2 | 2,961 | $769M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Graco Employee Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Graco Employee Investment Plan by total assets, not by location.
- Chesapeake Energy Corporation Savings and Incentive Stock Bonus Plan (OK) $572M · 1,192
- Valeo, Inc Retirement Savings Plan (MI) $571M · 4,281
- Kennametal Thrift Plus Plan (SC) $572M · 2,781
- Ttm Technologies 401(k) Retirement Savings Plan (CO) $572M · 6,064
Frequently Asked Questions
How did Graco Employee Investment Plan assets move in 2023? ▼
How have Graco Inc plan assets changed over time? ▼
Where does Graco Employee Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Graco Employee Investment Plan? ▼
Next read for Graco Employee Investment Plan
Filing takeaways
Ways to act on Graco Employee Investment Plan's numbers.
- By total assets, Graco Employee Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Graco Inc's sponsor-wide assets have grown 4.8% since 2022 across 3 plan years on file. More Manufacturing plans