Graco Inc. Benefits

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Most Popular Benefits

Benefit/Perk
Employees
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46
401(k)
46 employees
Paid Holidays / Vacation
38 employees
Life Insurance/Disability
26 employees
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Paid Sick Leave
23 employees
Education/Training/Tuition/Certification Reimbursement
21 employees
Casual Dress/Atmosphere
20 employees
Stock Purchase Plan
16 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Severance Pay
Accidental Death & Dismemberment Insurance
At Graco Inc., workers receive several types of pension benefits and welfare benefits. Like Graco Inc., a large number of businesses in the United States sponsor group health insurance, through which employers typically cover a considerable percentage of their workers' health insurance premiums. These contributions are tax deductible for employers and tax-free for employees. Graco Inc. provides health, dental, and vision coverage. Graco Inc. also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a steady income stream later in life, numerous workers depend on employer-provided pension plans. Graco Inc. offers defined benefit pension plans and defined contribution pension plans. Retirees at businesses with defined benefit retirement plans are provided with a fixed amount when they reach retirement. With a defined contribution retirement plan, companies help employees save and invest for retirement.

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