Defined Benefit (Pension) · DOL Form 5500 · 2024
Graco Inc. Pension Plan
Data updated 2026-08-06
- $150M
- Total assets
- 343
- Participants
- 93rd
- Percentile by assets
- $437,872
- Avg per participant
Official DOL plan name: Graco Employee Retirement Plan - Blue · Sponsored by Graco Inc. · Minnesota · Manufacturing
$150M in assets, 343 participants
Graco Inc.'s Graco Employee Retirement Plan - Blue reported $150M in total assets and 343 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
- #15,067 in Manufacturing (16,886 peers)
Coverage in Minnesota
Graco Employee Retirement Plan - Blue covers 343 participants in Minnesota, about 30% of the average Minnesota filer (state average ~1,161 per filing). Assets: $150M.
- $150M
- total plan assets (2024 EOY)
- 343
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $437,872
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Graco Employee Retirement Plan - Blue reported net income rose from -$123M in the plan year 2023 filing to $25M in the plan year 2024 filing.
- Graco Employee Retirement Plan - Blue end-of-year assets rose from $127M in the plan year 2023 filing to $150M in the plan year 2024 filing.
- Graco Employee Retirement Plan - Blue reported participants fell from 400 in the plan year 2023 filing to 343 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Graco Employee Retirement Plan - Blue reports 343 participants - about 30% of that state average ($150M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $127M |
|---|---|
| Net Assets (End of Year) | $150M |
| Net Income | $25M |
| Employer EIN | 410285640 |
| Plan Effective Date | 2017-10-30 |
| 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 Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Graco Employee Retirement Plan - Blue vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Graco Employee Retirement Plan - Blue by total assets, not by location.
- Woodward Hrt Pension Plan (CO) $150M · 231
- Modine Manufacturing Company Frozen Pension Plan (MS) $150M · 787
- First Financial Bancorp Employees' Pension Plan and Trust (OH) $150M · 2,153
- Mitsubishi Motors North America, Inc. Retirement Plan (TN) $150M · 49
Frequently Asked Questions
How did Graco Employee Retirement Plan - Blue assets move in 2024? ▼
How have Graco Inc. plan assets changed over time? ▼
Where does Graco Employee Retirement Plan - Blue rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Graco Employee Retirement Plan - Blue? ▼
Next read for Graco Employee Retirement Plan - Blue
Filing takeaways
Ways to act on Graco Employee Retirement Plan - Blue's numbers.
- By total assets, Graco Employee Retirement Plan - Blue ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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