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Sponsor portfolioWelfare / HealthEIN 41-0285640

GRACO INC.

88 11TH AVENUE NE · MINNEAPOLIS, MN 55440
6126236000
Plans filed
2
Years active
2015–2025
Industry
NAICS 33
Latest filing
2025
Total premiums (latest)
$6.2M
No prior year
Persons covered
3,153
No prior year
Total participants
2,974
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #502$4.2M
GRACO RETIREE MEDICAL PLAN
Fully insured663 covered·2 carriers
Primary: SIERRA HEALTH AND LIFE INSURANCE COMPANY, INC.
Plan #501$2.0M
GRACO EMPLOYEE HEALTH & WELFARE PLAN
Mixed2,490 covered·8 carriers
Primary: UNUM LIFE INSURANCE COMPANY OF AMERICA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$4.3M33.8%
Prescription drug$4.3M33.8%
Other$1.4M10.9%
Life$1.1M8.8%
Long-term disability$1.1M8.8%
Vision$389K3.1%
Short-term disability$95K0.7%

Carrier overview

8 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
UNITEDHEALTHCARE INSURANCE COMPANY
EIN 940734860
HRx
$2.5M41.0%11663
BLUE CROSS OF CALIFORNIA
EIN 410984460
HRx
$1.6M26.6%1194
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 620331200
LSTDLTDOth
$1.4M22.7%1102,490
VISION SERVICE PLAN
EIN 061227840
V
$389K6.3%111,468
AETNA LIFE INSURANCE COMPANY
EIN 066033492
HRx
$123K2.0%1111
LIFE INSURANCE COMPANY OF NORTH AMERICA
EIN 231503749
Oth
$60K1.0%112,476
ACE AMERICAN INSURANCE COMPANY
EIN 952371728
Oth
$22K0.4%112,476
THE PAUL REVERE LIFE INSURANCE COMPANY
EIN 041768571
L
$2K0.0%113

Broker overview

6 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MERCER HEALTH AND BENEFITS, LLCCHICAGO, ILPROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY, AETNA LIFE INSURANCE COMPANY, UNUM INSURANCE COMPANY, ACE AMERICAN INSURANCE COMPANY, UNUM LIFE INSURANCE COMPANY OF AMERICA$118K$19K$138K93.2%1
GCG FINANCIAL LLCATLANTA, GAPROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY$7K$2K$8K5.6%1
KENNETH C YARBROUGHATLANTA, GAPROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY$0$1K$1K0.7%1
BROWN & BROWN INSURANCE SERVICESATLANTA, GAPROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY$158$392$5500.4%1
ROBERT JOHN. WESTENBERGNAPLES, FLTHE PAUL REVERE LIFE INSURANCE COMPANY$61$15$760.1%1
RICHARD J. CHAFFEEMINNETONKA, MNTHE PAUL REVERE LIFE INSURANCE COMPANY$28$10$380.0%1

History & trajectory

11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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