401(k) · DOL Form 5500 · 2024

Lam Research Corporation 401(k) Plan

Data updated 2026-07-24

$2.8B
Total assets: 7,708
Participants: 99th
Percentile by assets: $367,298
Avg per participant

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.

99th percentile by assets (of 116,472 plans)

Coverage in California

Savings Plus Plan, Lam Research 401(k) covers 7,708 participants in California, 12x the typical California plan (state average ~637 per filing). Assets: $2.8B.

$2.8B
total plan assets (2024 EOY): 7,708
covered participants: 99th
percentile by assets (of 116,472 plans): $367,298
avg assets per participant

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.

See the national 2023→2024 release diff →

State

California

Industry

Manufacturing

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 7,708 participants - 12x that state average ($2.8B EOY assets).

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)

Total plan assets by year, all Lam Research Corporation plans on file

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

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

Compare Savings Plus Plan, Lam Research 401(k) side-by-side with 3 peers →

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.

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

Frequently Asked Questions

How did Savings Plus Plan, Lam Research 401(k) assets move in 2024? ▼

Savings Plus Plan, Lam Research 401(k) grew at a solid clip - up 10.6% during 2024, from $2.6B to $2.8B. Reported net income was $272M.

How have Lam Research Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lam Research Corporation's sponsor-wide assets grew 41.2%, from $2.0B to $2.8B.

Where does Savings Plus Plan, Lam Research 401(k) rank by assets among Form 5500 filers? ▼

Savings Plus Plan, Lam Research 401(k) ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Savings Plus Plan, Lam Research 401(k)? ▼

Among 401(k) plans in other states, the closest by assets is The Savannah River Nuclear Solutions, LLC Defined Contribution Plan in SC ($2.8B, 9,296 participants).

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 942634797.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.