401(k) · DOL Form 5500 · 2024
Garmin International, Inc. 401(k) Plan
Data updated 2026-08-25
- $2.2B
- Total assets Very large vs avg
- 7,082
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $306,900
- Avg per participant High balance/head
Official DOL plan name: Garmin International, Inc. Retirement Plan · Sponsored by Garmin International, Inc. · Kansas · Manufacturing
$2.2B in assets, 7,082 participants
Garmin International, Inc.'s Garmin International, Inc. Retirement Plan reported $2.2B in total assets and 7,082 participants in its 2024 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.
- #17,548 in Manufacturing (17,777 peers)
Coverage in Kansas
Garmin International, Inc. Retirement Plan covers 7,082 participants in Kansas, 20x the typical Kansas plan (state average ~360 per filing). Assets: $2.2B.
- #17,548
- in Manufacturing (17,777 peers)
- +21.8%
- assets growth YoY
- 22×
- vs typical plan assets (national mean)
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 2024 · DOL Form 5500
$2,173,466,604 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Garmin International, Inc. Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 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 (7,082 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Garmin International, Inc. Retirement Plan end-of-year assets rose from $1.8B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
- Garmin International, Inc. Retirement Plan reported participants rose from 6,332 in the plan year 2023 filing to 7,082 in the plan year 2024 filing.
- Garmin International, Inc. Retirement Plan reported net income fell from $370M in the plan year 2023 filing to $368M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 481088407 · Garmin International, Inc. PY 2024 · 401(k)
Garmin International, Inc. Retirement Plan · $2.2B · 7,082 · 99th
- PART $2.2B
- TYPE 7,082
- NET 99th
- BOOK 401(k)
- VS-ST near Bnp Paribas 401(k) Savings Plan
- BOY ind #17548
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) | $1.8B |
|---|---|
| Net Assets (End of Year) | $2.2B |
| Net Income | $368M |
| 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 Employees' Savings Plan $4.3B · 11,423
- Performance Contracting Group, Inc. ESOP/401(k) Plan $3.6B · 1,315
- Black & Veatch Retirement Program $3.0B · 7,438
- Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan $1.2B · 7,736
- The Terracon 401(k) and ESOP Plan $1.0B · 6,480
Scale composition for Garmin International, Inc. Retirement Plan
Garmin International, Inc. Retirement Plan reports $2.2B in end-of-year assets across 7,082 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $306,900 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2024 was $368M.
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 | Open filing |
| 2023 | 6,332 | $1.8B | Open filing |
| 2024 · index core | 7,082 | $2.2B | This page |
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 Bnp Paribas 401(k) Savings Plan in NY ($2.2B); by covered participants it is Oak Street Health, 401(k) Plan in IL (7,076 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.2B here).
- Bnp Paribas 401(k) Savings Plan (NY) $2.2B · 3,617
- J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan (TX) $2.2B · 44,782
- Public Service Enterprise Group Inc. Employee Savings Plan (NJ) $2.2B · 6,585
- Hntb Ownership Plan (MO) $2.2B · 6,341
Similar participant headcount
Nearest other-state filings by covered participants (7,082 participants); asset peers above are excluded.
- Oak Street Health, 401(k) Plan (IL) 7,076 · 6 off
- Crosscountry Mortgage 401(k) Retirement Savings Plan (OH) 7,089 · 7 off
- Tyler Technologies, Inc. 401(k) Profit Sharing Plan & Trust (TX) 7,065 · 17 off
- Gm Financial Employees 401(k) Plan (TX) 7,065 · 17 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.