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

Garmin International, Inc.

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

 
 
79
36
68
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (79) and the top rated plan (90) could equate to:
[How is this calculated?]
8 additional years of work
Up to $108,100 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 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity. Garmin International, Inc. 401k and Pension Plan currently has over 4,600 active participants and over $331.5M 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 16%
2. T. Rowe Price Retirement 2030 8%
3. Garmin Ltd. Common Stock 7%

 Retirement Plan Details

Address 1200 East 151st Street
Olathe, KS 66062 
Industry Manufacturing
Administrator Kevin S. Rauckman
Net Plan Assets $332,000,000
Total Participants 4,600
Avg Account Balance $78,000

  Plan Service Providers

Corporate Trustee T. Rowe Price
Recordkeeper T. Rowe Price
Investment Adviser Lockton Investment Advisors
Auditor Mayer Hoffman McCann