401(k) · DOL Form 5500 · 2024
Graco Inc 401(k) Plan
Data updated 2026-08-11
- $619M
- Total assets
- 2,618
- Participants
- 98th
- Percentile by assets
- $236,484
- Avg per participant
Official DOL plan name: Graco Employee Investment Plan · Sponsored by Graco Inc · Minnesota · Manufacturing
$619M in assets, 2,618 participants
Graco Inc's Graco Employee Investment Plan reported $619M in total assets and 2,618 participants in its 2024 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 123,622 plans)
- #17,103 in Manufacturing (17,777 peers)
Coverage in Minnesota
Graco Employee Investment Plan covers 2,618 participants in Minnesota, 2.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $619M.
- $619M
- total plan assets (2024 EOY)
- 2,618
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $236,484
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Graco Employee Investment Plan reported net income fell from $87M in the plan year 2023 filing to $48M in the plan year 2024 filing.
- Graco Employee Investment Plan end-of-year assets rose from $572M in the plan year 2023 filing to $619M in the plan year 2024 filing.
- Graco Employee Investment Plan reported participants fell from 2,708 in the plan year 2023 filing to 2,618 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Graco Employee Investment Plan reports 2,618 participants - 2.3x that state average ($619M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $572M |
|---|---|
| Net Assets (End of Year) | $619M |
| Net Income | $48M |
| 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
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Graco Employee Investment Plan by total assets, not by location.
- Valeo, Inc Retirement Savings Plan (MI) $619M · 4,070
- Freudenberg Companies 401(k) Retirement Plan (MI) $619M · 6,461
- Epicor Software 401(k) Savings Plan (TX) $619M · 1,956
- Children's of Alabama 401(k) Plan (AL) $618M · 5,422
Frequently Asked Questions
How did Graco Employee Investment Plan assets move in 2024? ▼
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