Plan Snapshot
- Plan Sponsor: Garmin International, INC.
- Sponsor EIN: 481088407
- Sponsor Address: 1200 E. 151ST STREET, OLATHE, KS, 660623426
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 7,089
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 7,089 | $0 | $0 | $0 |
| 2024 | 6,783 | $0 | $0 | $0 |
| 2023 | 5,949 | $0 | $0 | $0 |
| 2022 | 5,764 | $0 | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DELTA DENTAL OF KANSAS, INC. | Recordkeeper | $210,910 | — | $210,910 |
| LIFE INSURANCE CO. OF NORTH AMERICA | Recordkeeper | $83,892 | — | $83,892 |
| OPTUM | Recordkeeper | $33,174 | — | $33,174 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $327,976
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | — | — | — | — | — |
| 2024 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |