Garmin International, Inc. 401(k) Plan: Login, Facts & Contact Information

Garmin International, Inc. 401(k) Plan Facts

Plan name
GARMIN INTERNATIONAL, INC. RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GARMIN INTERNATIONAL, INC.
Participants
9,048 (7,390 active employees)
Former employees with a balance
1,779
Plan assets
$2,173,466,604 at Dec 31, 2024
Average account balance
$232,830 across 9,335 accounts
Employer contributions
$78,250,438 in plan year 2024 (49% of all contributions)
Recordkeeper
T. Rowe Price Rps, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1990
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $158.8 million went into the plan in contributions, $78.3 million of it from the employer (49%).
  • $95.7 million was paid out to participants.
  • Investment and other income added $304.9 million.
  • Administrative expenses were $478,374, about $51 per account.

How the Garmin International, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20196,177$1.09 billion$45.1 million$36.3 million
20206,969$1.36 billion$53.8 million$43.2 million
20217,402$1.65 billion$58.1 million$58.7 million
20227,894$1.42 billion$65.3 million$51.1 million
20238,387$1.78 billion$70.4 million$69.3 million
20249,048$2.17 billion$78.3 million$95.7 million

Garmin International, Inc. 401(k) Contact Information

Phone
913-440-2150
Mailing address
1200 EAST 151ST STREET, OLATHE KS 660623426
Plan sponsor
GARMIN INTERNATIONAL, INC.
Employer identification number (EIN)
48-1088407
Plan number
001

Questions about the Garmin International, Inc. 401(k)

Does Garmin International, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $78.3 million, 49% of all contributions.

Does the Garmin International, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Garmin International, Inc 401(k) plan?

9,048 participants at the start of plan year 2024, 7,390 of them active employees, and 1,779 former employees who still had money in the plan.

What is the average 401(k) balance at Garmin International, Inc?

About $232,830 per account: $2.17 billion in plan assets across 9,335 accounts with a balance at the end of plan year 2024.

Who manages the Garmin International, Inc 401(k) accounts?

T. Rowe Price (listed on the filing as T. ROWE PRICE RPS, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Garmin International, Inc. How do I access my 401(k)?

Your account stays with T. Rowe Price after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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