Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
PARKER HANNIFIN CORPORATION
EIN 34-0451060mechanical or industrial engineeringLatest filing 2025
Plans
6
Retirement
2
$12.51B assets
Welfare
4
$29.9M premiums
Participants
121,360
6035 PARKLAND BLVD - CLEVELAND, OH 441244186216-896-3000parker.comLinkedIn10001+ employeesmechanical or industrial engineering
Retirement portfolio analytics
2 plans aggregated / $12.51B assets / 79,839 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
4 plans / $29.9M premiums / 43,752 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$13.2M
- Health$12.2M
- Vision$2.3M
- Other$2.0M
- Dental$275K
- Long-term disability$147K
Carrier market share
Premium dollars by Schedule A carrier
44%top
- SECURIAN LIFE INSURANCE COMPANY44%
- KAISER FOUNDATION HEALTH PLAN INC32%
- AETNA LIFE INSURANCE COMPANY8%
- EYEMED VISION CARE8%
- LIFE INSURANCE COMPANY OF NORTH AMERICA2%
- +3 more
Broker market share
Schedule A broker compensation
96%top
- AON CONSULTING INC96%
- THE JAMES B OSWALD COMPANY2%
- AMWINS1%
- CENTRO BENEFITS RESEARCH LLC1%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#075
PARKER RETIREMENT SAVINGS PLAN
ESOP
Assets$9.01B
Participants42,434
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#080
PARKER DEFINED BENEFIT PENSION PLAN
CashBalance
Assets$3.50B
Participants37,405
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
GROUP INSURANCE PLAN HOURLY AND SALARIED EMPLOYEES OF PARKER HANNIFIN CORP
Fully Insured - SECURIAN LIFE INSURANCE COMPANY
Premiums$25.7M
Covered lives39,407
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502
PARKER HANNIFIN CORP RETIREE MEDICAL PLAN
Fully Insured - AETNA LIFE INSURANCE CO.
Premiums$2.5M
Covered lives490
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#505
HEALTH AND INSURANCE BENEFIT PLAN FOR CERTAIN RETIRED EMPLOYEES OF PARKER-HANNIFIN CORPORATION
Mixed - SECURIAN LIFE INSURANCE COMPANY
Premiums$1.7M
Covered lives3,855
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#525
PARKER HANNIFIN CORPORATION CAFETERIA PLAN
Unknown
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 075 | PARKER RETIREMENT SAVINGS PLAN | ESOP | $9.01B | 42,434 | 2024 | |
| 080 | PARKER DEFINED BENEFIT PENSION PLAN | CashBalance | $3.50B | 37,405 | 2024 |
Welfare plans4
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | GROUP INSURANCE PLAN HOURLY AND SALARIED EMPLOYEES OF PARKER HANNIFIN CORP | Fully Insured | SECURIAN LIFE INSURANCE COMPANY | $25.7M | 39,407 | 2025 | |
| 502 | PARKER HANNIFIN CORP RETIREE MEDICAL PLAN | Fully Insured | AETNA LIFE INSURANCE CO. | $2.5M | 490 | 2025 | |
| 505 | HEALTH AND INSURANCE BENEFIT PLAN FOR CERTAIN RETIRED EMPLOYEES OF PARKER-HANNIFIN CORPORATION | Mixed | SECURIAN LIFE INSURANCE COMPANY | $1.7M | 3,855 | 2025 | |
| 525 | PARKER HANNIFIN CORPORATION CAFETERIA PLAN | Unknown | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans