Graco Inc 401(k) Plan: Login, Facts & Contact Information

Graco Inc 401(k) Plan Facts

Plan name
GRACO EMPLOYEE INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
GRACO INC
Participants
3,426 (2,504 active employees)
Former employees with a balance
866
Plan assets
$619,114,813 at Dec 31, 2024
Average account balance
$181,718 across 3,407 accounts
Employer contributions
$11,687,299 in plan year 2024 (31% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1972
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $38.0 million went into the plan in contributions, $11.7 million of it from the employer (31%).
  • $61.2 million was paid out to participants.
  • Investment and other income added $71.2 million.
  • Administrative expenses were $549,096, about $161 per account.

How the Graco Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,932$448.7 million$7.90 million$34.5 million
20203,011$527.1 million$9.01 million$35.6 million
20213,044$585.5 million$9.81 million$45.9 million
20223,259$484.2 million$11.1 million$40.0 million
20233,449$571.6 million$11.4 million$43.4 million
20243,426$619.1 million$11.7 million$61.2 million

Graco Inc 401(k) Contact Information

Phone
612-623-6000
Mailing address
88 11TH AVE NE, MINNEAPOLIS MN 55413
Plan sponsor
GRACO INC
Employer identification number (EIN)
41-0285640
Plan number
001

Questions about the Graco Inc 401(k)

Does Graco Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $11.7 million, 31% of all contributions.

Does the Graco Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Graco Inc 401(k) plan?

3,426 participants at the start of plan year 2024, 2,504 of them active employees, and 866 former employees who still had money in the plan.

What is the average 401(k) balance at Graco Inc?

About $181,718 per account: $619.1 million in plan assets across 3,407 accounts with a balance at the end of plan year 2024.

Who manages the Graco Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Graco Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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