Garmin International, Inc. Retirement Plan — Form 5500 plan (Garmin International, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Garmin International, Inc. Retirement Plan is a benefit plan reported by Garmin International, Inc. under EIN 48-1088407 and plan number 001. The latest loaded filing year is 2023. The filing reports 8,387 participants and $1,784,810,901 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Garmin International, Inc.
EIN
48-1088407
Plan number
001
Plan type
2
Location
Olathe, KS
Latest filing year
2023
Participants
8,387
End-of-year plan assets
$1,784,810,901

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20238,387H, C20240725121128NAL0014047457005

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,784,810,901
Net assets (EOY)
$1,784,810,901
Net assets (BOY)
$1,415,069,651

Income & contributions

Employer contributions
$70,361,829
Participant contributions
$64,573,411
Total contributions
$143,864,107
Total income / additions
$439,497,698

Expenses & distributions

Benefits paid
$69,321,268
Administrative expenses
$435,180
Total expenses
$69,756,448
Net increase / (decrease)
$369,741,250

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T. Rowe Price Rps, Inc.RECORDKEEPER$312,880$02023
MercerINVESTMENT ADVISOR$81,000not reported in the loaded dataset2023
Rubinbrown LlpAUDITOR$38,000not reported in the loaded dataset2023

Related Form 5500 pages