401(k) · DOL Form 5500 · 2024
Lam Research Corporation 401(k) Plan
Data updated 2026-08-25
- $2.8B
- Total assets Very large vs avg
- 7,708
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $367,298
- Avg per participant High balance/head
Official DOL plan name: Savings Plus Plan, Lam Research 401(k) · Sponsored by Lam Research Corporation · California · Manufacturing
$2.8B in assets, 7,708 participants
Lam Research Corporation's Savings Plus Plan, Lam Research 401(k) reported $2.8B in total assets and 7,708 participants in its 2024 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.
- #17,592 in Manufacturing (17,777 peers)
Coverage in California
Savings Plus Plan, Lam Research 401(k) covers 7,708 participants in California, 12x the typical California plan (state average ~630 per filing). Assets: $2.8B.
- #17,592
- in Manufacturing (17,777 peers)
- +10.6%
- assets growth YoY
- 28×
- vs typical plan assets (national mean)
Savings Plus Plan, Lam Research 401(k)'s outsized position by total assets
Savings Plus Plan, Lam Research 401(k) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,831,132,366 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Savings Plus Plan, Lam Research 401(k)'s large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Plus Plan, Lam Research 401(k) lands in the large band (7,708 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Savings Plus Plan, Lam Research 401(k) reported net income fell from $554M in the plan year 2023 filing to $272M in the plan year 2024 filing.
- Savings Plus Plan, Lam Research 401(k) reported participants fell from 9,237 in the plan year 2023 filing to 7,708 in the plan year 2024 filing.
- Savings Plus Plan, Lam Research 401(k) end-of-year assets rose from $2.6B in the plan year 2023 filing to $2.8B in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 942634797 · Lam Research Corporation PY 2024 · 401(k)
Savings Plus Plan, Lam Research 401(k) · $2.8B · 7,708 · 99th
- ASSETS $2.8B
- ASSETS 7,708
- ASSETS 99th
- ASSETS 401(k)
- ASSETS near The Savannah River Nuclear Solutions, LLC Defined Contribution Plan
- ASSETS ind #17592
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in California →
Savings Plus Plan, Lam Research 401(k) in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $2.6B |
|---|---|
| Net Assets (End of Year) | $2.8B |
| Net Income | $272M |
| Employer EIN | 942634797 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lam Research Corporation)
Sponsor-wide plan assets over time
All Lam Research Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.8B 41.18814815352375% vs 2022
- 2024 filing year
| 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.
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Scale composition for Savings Plus Plan, Lam Research 401(k)
Savings Plus Plan, Lam Research 401(k) reports $2.8B in end-of-year assets across 7,708 participants (0.023% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $367,298 per participant (2.7x the national average assets-per-participant) . Net income for plan year 2024 was $272M.
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 | Open filing |
| 2023 | 9,237 | $2.6B | Open filing |
| 2024 · index core | 7,708 | $2.8B | This page |
Savings Plus Plan, Lam Research 401(k)'s out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is The Savannah River Nuclear Solutions, LLC Defined Contribution Plan in SC ($2.8B); by covered participants it is Tech Mahindra Americas 401(k) Plan in TX (7,720 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.8B here).
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan (SC) $2.8B · 9,296
- U.S. Anesthesia Partners, Inc. 401(k) Plan (TX) $2.8B · 5,642
- Select Medical Corporation 401(k) Plan (PA) $2.8B · 43,419
- Corebridge Financial, Inc. Retirement Savings 401(k) Plan (TX) $2.8B · 5,280
Similar participant headcount
Nearest other-state filings by covered participants (7,708 participants); asset peers above are excluded.
- Tech Mahindra Americas 401(k) Plan (TX) 7,720 · 12 off
- Cardinal Cash-in II Plan (MN) 7,724 · 16 off
- Gate Gourmet, Inc. Bargained Employees' 401(k) Plan (VA) 7,728 · 20 off
- Saputo USA 401(k) Plan (WI) 7,686 · 22 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.