401(k) · DOL Form 5500 · 2023

Graco Inc 401(k) Plan

Data updated 2026-08-25

$572M
Total assets Above avg plan size
2,708
Participants Above avg headcount
98th
Percentile by assets National rank
$211,083
Avg per participant Above avg balance/head
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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.

  • #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.

#18,014
in Manufacturing (18,722 peers)
+18.1%
assets growth YoY
5.7×
vs typical plan assets (national mean)

Graco Employee Investment Plan's outsized position by total assets

Graco Employee Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$571,613,175 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Graco Employee Investment Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Graco Employee Investment Plan lands in the large band (2,708 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410285640 · Graco Inc PY 2023 · 401(k)

Graco Employee Investment Plan · $572M · 2,708 · 98th

  • RANK $572M
  • PHOTO 2,708
  • IND 98th
  • EOY 401(k)
  • 5500 near Chesapeake Energy Corporation Savings and Incentive Stock Bonus Plan
  • ASSETS ind #18014

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Graco Employee Investment Plan in the asset neighbourhood

Ttm Technologies 401(k) Retirement Savings PlanTtm Technologies 401(k) Reti…$572MKennametal Thrift Plus Plan$572MGraco Employee Investment PlanGraco Employee Investment Pl…$572MChesapeake Energy Corporation Savings and Incentive Stock Bonus PlanChesapeake Energy Corporatio…$572MValeo, Inc Retirement Savings PlanValeo, Inc Retirement Saving…$571M
End-of-year total assets ($M) among Graco Employee Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$484M
Net Assets (End of Year)$572M
Net Income$87M
Employer EIN410285640
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Graco Inc)

Sponsor-wide plan assets over time

All Graco Inc plans reported in each filing year

Latest sponsor-wide plan assets
$769M 4.8367834656386925% vs 2022
2024 filing year
$650M$700M$750M$800M 202220232024 $734M $769M ▲ +4.8%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Graco Employee Investment Plan, Total assets ($B): 0.571613175 · Participants: 2708Graco Employee Investment PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Graco Employee Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Graco Employee Investment Plan side-by-side with 3 peers →

Graco Employee Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Chesapeake Energy Corporation Savings and Incentive Stock Bonus Plan in OK ($572M); by covered participants it is Coca Cola Beverages Northeast, Inc. Incentive Savings Plan in NH (2,708 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($572M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,708 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Graco Employee Investment Plan assets move in 2023? ▼
Graco Employee Investment Plan grew sharply - up 18.1% during 2023, from $484M to $572M. Reported net income was $87M.
How have Graco Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Graco Inc's sponsor-wide assets grew 4.8%, from $734M to $769M.
Where does Graco Employee Investment Plan rank by assets among Form 5500 filers? ▼
Graco Employee Investment Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Graco Employee Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chesapeake Energy Corporation Savings and Incentive Stock Bonus Plan in OK ($572M, 1,192 participants).
Which 401(k) plans cover a similar participant headcount to Graco Employee Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Coca Cola Beverages Northeast, Inc. Incentive Savings Plan in NH (2,708 participants, $363M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410285640.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.