Garmin at, Inc.benefits

Garmin at, Inc.'s benefits plans covered 522 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $8,421,995. Insurance brokers and agents were paid $39,981 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $77 per covered person, below the median for employer plans that report broker pay. Broker pay fell 47% from $75,275 in 2023.