Plan Ledger DOL Form 5500 · updated monthly

Graco Inc.benefits

Graco Employee Health & Welfare Plan · MINNEAPOLIS, MN · plan year 2024

Broker compensation reported · 2024
$140,550

Graco Inc.'s benefits plans covered 2,563 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $140,550 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $55 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 18% from $172,317 in 2023.

Insurance contracts · 202417
BCBSMN, INC. D.B.A. BLUE CROSS AND BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 118 covered
SIERRA HEALTH AND LIFE INSURANCE COMPANY, INC. · health drugpremiums n/a · 692 covered
AETNA LIFE INSURANCE COMPANY · health drugpremiums n/a · 21 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 719 covered
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 2,563 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1,707 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1,927 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 2,641 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,518 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 239 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 4 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 4 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 56 covered
THE PAUL REVERE LIFE INSURANCE COMPANY · lifepremiums n/a · 3 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 11 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 4 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 7 covered
Brokers & agents paid · 20246
MERCER HEALTH AND BENEFITS, LLC$103,382 · incl $24,361 fees
ALERA GROUP, INC.$11,178 · incl $2,030 fees
BROWN & BROWN INSURANCE SERVICES$906 · incl $490 fees
YARBROUGH, KENNETH C$1,585 · incl $1,585 fees
2 individual agents · names withheld$215

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410285640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.