401(k) · DOL Form 5500 · 2023

Lamb Weston, Inc. 401(k) Plan

Data updated 2026-08-11

$397M
Total assets: 1,976
Participants: 97th
Percentile by assets: $200,898
Avg per participant

Official DOL plan name: Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees · Sponsored by Lamb Weston, Inc. · Idaho · Manufacturing

$397M in assets, 1,976 participants

Lamb Weston, Inc.'s Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees reported $397M in total assets and 1,976 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#17,785 in Manufacturing (18,722 peers)

Coverage in Idaho

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees covers 1,976 participants in Idaho, 5.7x the typical Idaho plan (state average ~347 per filing). Assets: $397M.

$397M
total plan assets (2023 EOY): 1,976
covered participants: 97th
percentile by assets (of 127,072 plans): $200,898
avg assets per participant

Where Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees sits by total assets

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$396,975,405 Top 3% higher than 97% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees reported net income rose from -$65M in the plan year 2022 filing to $81M in the plan year 2023 filing.
Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees end-of-year assets rose from $315M in the plan year 2022 filing to $397M in the plan year 2023 filing.
Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees reported participants rose from 1,820 in the plan year 2022 filing to 1,976 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Idaho

Industry

Manufacturing

Participants vs Idaho filers

In Idaho, the average filing covers about 347 participants across 760 plans. Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees reports 1,976 participants - 5.7x that state average ($397M EOY assets).

Idaho filing particulars

Total Assets (Beginning of Year)	$315M
Net Assets (End of Year)	$397M
Net Income	$81M
Employer EIN	208865395
Plan Effective Date	2017-09-25
Filing Status	FILING RECEIVED

Sponsor Plan History (Lamb Weston, Inc.)

Total plan assets by year, all Lamb Weston, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	3	10,099	$508M
2023	3	10,288	$640M
2024	3	10,328	$736M

Nearby 401(k) Plans in Idaho

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees vs. nearby 401(k) plans in Idaho, assets vs. participants

Micron Technology Inc. Retirement at Micron (Ram) Plan $3.2B · 9,865
Idaho National Laboratory Employee Investment Plan $2.3B · 6,419
Simplot Retirement Savings Plan $1.4B · 8,746
Idaho Power Company Employee Savings Plan $794M · 2,089
Boise Cascade Company Savings Plan $656M · 3,476

Compare Lamb Weston, Inc. 401(k) Plan for Salari… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees by total assets, not by location.

Veterans United Home Loans 401(k) Plan (MO) $397M · 4,928
Columbia Sportswear Company 401(k) Plan (OR) $397M · 4,299
Mhi Shared Services Americas Inc. 401(k) Plan (TX) $397M · 2,738
Sgh Profit Sharing & 401(k) Plan and Trust (MA) $397M · 672

Frequently Asked Questions

How did Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees assets move in 2023? ▼

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees grew sharply - up 26.2% during 2023, from $315M to $397M. Reported net income was $81M.

How have Lamb Weston, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lamb Weston, Inc.'s sponsor-wide assets grew 44.7%, from $508M to $736M.

Where does Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees rank by assets among Form 5500 filers? ▼

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees? ▼

Among 401(k) plans in other states, the closest by assets is Veterans United Home Loans 401(k) Plan in MO ($397M, 4,928 participants).

Next read for Lamb Weston, Inc. 401(k) Plan for Salari…

Filing takeaways

Ways to act on Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees's numbers.

By total assets, Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Idaho. Compare plans
Lamb Weston, Inc.'s sponsor-wide assets have grown 44.7% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 208865395.