401(k) · DOL Form 5500 · 2022
Garmin International, Inc. 401(k) Plan
Data updated 2026-08-25
- $1.4B
- Total assets Very large vs avg
- 6,273
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $225,581
- Avg per participant Above avg balance/head
Official DOL plan name: Garmin International, Inc. Retirement Plan · Sponsored by Garmin International, Inc. · Kansas · Manufacturing
$1.4B in assets, 6,273 participants
Garmin International, Inc.'s Garmin International, Inc. Retirement Plan reported $1.4B in total assets and 6,273 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #20,294 in Manufacturing (20,602 peers)
Coverage in Kansas
Garmin International, Inc. Retirement Plan covers 6,273 participants in Kansas, 17x the typical Kansas plan (state average ~360 per filing). Assets: $1.4B.
- #20,294
- in Manufacturing (20,602 peers)
- -14.0%
- assets change YoY
- 14×
- vs typical plan assets (national mean)
The plan reported a net loss of $230M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Garmin International, Inc. Retirement Plan's outsized position by total assets
Garmin International, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,415,069,651 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Garmin International, Inc. Retirement Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Garmin International, Inc. Retirement Plan lands in the large band (6,273 participants).
Plan-year Form 5500 strip
Filing strip 481088407 · Garmin International, Inc. PY 2022 · 401(k)
Garmin International, Inc. Retirement Plan · $1.4B · 6,273 · 99th
- PART $1.4B
- TYPE 6,273
- NET 99th
- BOOK 401(k)
- VS-ST near The Depository Trust & Clearing Corporation Employee Savings Plan
- BOY ind #20294
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Kansas →
Garmin International, Inc. Retirement Plan in the asset neighbourhood
Kansas filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | -$230M |
| Employer EIN | 481088407 |
| Plan Effective Date | 1990-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Garmin International, Inc.)
Sponsor-wide plan assets over time
All Garmin International, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.2B 53.59431971875426% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,273 | $1.4B |
| 2023 | 1 | 6,332 | $1.8B |
| 2024 | 1 | 7,082 | $2.2B |
Nearby 401(k) Plans in Kansas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Koch Industries Inc Employees' Savings Plan $3.4B · 11,970
- Black & Veatch Retirement Program $2.3B · 6,182
- Performance Contracting Group, Inc. ESOP/401(k) Plan $1.9B · 1,231
- Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan $1.1B · 7,558
- The Terracon 401(k) and ESOP Plan $726M · 5,437
Scale composition for Garmin International, Inc. Retirement Plan
Garmin International, Inc. Retirement Plan reports $1.4B in end-of-year assets across 6,273 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $225,581 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2022 was -$230M.
This plan identity (EIN 481088407, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $2.2B (+53.6%) while covered participants moved from 6,273 to 7,082 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,273 | $1.4B | This page |
| 2023 | 6,332 | $1.8B | Open filing |
| 2024 · index core | 7,082 | $2.2B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Garmin International, Inc. Retirement Plan (401(k), $2.2B, 7,082 participants)
Garmin International, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Kansas, the nearest 401(k) by assets is The Depository Trust & Clearing Corporation Employee Savings Plan in NJ ($1.4B); by covered participants it is Totalmed Staffing, Inc. 401(k) Profit Sharing Plan and Trust in WI (6,270 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.4B here).
- The Depository Trust & Clearing Corporation Employee Savings Plan (NJ) $1.4B · 3,426
- Nutrien 401(k) Retirement Plan (CO) $1.4B · 11,560
- Profit Participation Plan of Moody's Corporation (NY) $1.4B · 4,723
- General Dynamics Corporation 401(k) Plan 3.0 (VA) $1.4B · 1,886
Similar participant headcount
Nearest other-state filings by covered participants (6,273 participants); asset peers above are excluded.
- Totalmed Staffing, Inc. 401(k) Profit Sharing Plan and Trust (WI) 6,270 · 3 off
- Republic Airways Holdings Inc. 401(k) Plan (IN) 6,268 · 5 off
- Intuitive Surgical, Inc. 401(k) Plan (CA) 6,266 · 7 off
- The Clorox Company 401(k) Plan (CA) 6,266 · 7 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.