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Company:
Garmin International, Inc.
Plan:
Garmin International, Inc. 401k and Pension Plan
 

Garmin International, Inc.

80 Plan: Garmin International, Inc. 401k and Pension Plan

 
 
80
41
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (80) and the top rated plan (87) could equate to:
[How is this calculated?]
4 additional years of work
Up to $50,900 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Garmin International, Inc. 401k and Pension Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances and Company Generosity. Garmin International, Inc. 401k and Pension Plan currently has over 4,600 active participants and over $443.1M in plan assets.


 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. T. Rowe Price Retirement 2040 17%
2. T. Rowe Price Retirement 2030 8%
3. Vanguard Institutional Index 6%

 Retirement Plan Details

Address 1200 East 151st Street
Olathe, KS 66062 
Industry Manufacturing
Administrator Kevin S. Rauckman
Net Plan Assets $443,000,000
Total Participants 4,600
Avg Account Balance $98,000

 Compare Other Companies in Peer Group

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  Plan Service Providers

Corporate Trustee T. Rowe Price
Recordkeeper T. Rowe Price
Investment Adviser Lockton Investment Advisors
Consultant Aon Hewitt
Auditor CBIZ Financial Solutions, Inc.