401(k) · DOL Form 5500 · 2022
Lam Research Corporation 401(k) Plan
Data updated 2026-08-06
- $2.0B
- Total assets
- 8,565
- Participants
- 99th
- Percentile by assets
- $234,118
- Avg per participant
Official DOL plan name: Savings Plus Plan, Lam Research 401(k) · Sponsored by Lam Research Corporation · California · Manufacturing
$2.0B in assets, 8,565 participants
Lam Research Corporation's Savings Plus Plan, Lam Research 401(k) reported $2.0B in total assets and 8,565 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,258 plans)
- #20,411 in Manufacturing (20,629 peers)
Coverage in California
Savings Plus Plan, Lam Research 401(k) covers 8,565 participants in California, 13x the typical California plan (state average ~637 per filing). Assets: $2.0B.
- $2.0B
- total plan assets (2022 EOY)
- 8,565
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $234,118
- avg assets per participant
The plan reported a net loss of $570M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Savings Plus Plan, Lam Research 401(k) reports 8,565 participants - 13x that state average ($2.0B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $2.6B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$570M |
| Employer EIN | 942634797 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lam Research Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,565 | $2.0B |
| 2023 | 1 | 9,237 | $2.6B |
| 2024 | 1 | 7,708 | $2.8B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Savings Plus Plan, Lam Research 401(k) vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Scale composition for Savings Plus Plan, Lam Research 401(k)
Savings Plus Plan, Lam Research 401(k) reports $2.0B in end-of-year assets across 8,565 participants (0.017% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $234,118 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2022 was -$570M.
This plan identity (EIN 942634797, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.8B (+41.2%) while covered participants moved from 8,565 to 7,708 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,565 | $2.0B | This page |
| 2023 | 9,237 | $2.6B | Open filing |
| 2024 · index core | 7,708 | $2.8B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Savings Plus Plan, Lam Research 401(k) (401(k), $2.8B, 7,708 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Savings Plus Plan, Lam Research 401(k) by total assets, not by location.
- Lyondellbasell Savings Plan (TX) $2.0B · 7,764
- Lifepoint Health, Inc. Retirement Plan (TN) $2.0B · 42,978
- Navy Federal 401(k) Savings Plan (VA) $2.0B · 20,588
- Wood 401(k) Plan (TX) $2.0B · 11,304
Frequently Asked Questions
How did Savings Plus Plan, Lam Research 401(k) assets move in 2022? ▼
How have Lam Research Corporation plan assets changed over time? ▼
Where does Savings Plus Plan, Lam Research 401(k) rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Savings Plus Plan, Lam Research 401(k)? ▼
Next read for Savings Plus Plan, Lam Research 401(k)
Filing takeaways
Ways to act on Savings Plus Plan, Lam Research 401(k)'s numbers.
- By total assets, Savings Plus Plan, Lam Research 401(k) ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Lam Research Corporation's sponsor-wide assets have grown 41.2% since 2022 across 3 plan years on file. More Manufacturing plans