2023 Form 5500 filing — Savings Plus Plan, Lam Research 401(K)
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240628143128NAL0000877329001) for Savings Plus Plan, Lam Research 401(K), reported by Lam Research Corporation under EIN 94-2634797 and plan number 001. It reports 11,873 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240628143128NAL0000877329001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lam Research Corporation
- EIN
- 94-2634797
- Plan number
- 001
- Location
- Fremont, CA
- Participants
- 11,873
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,558,825,948
- Total liabilities (EOY)
- $246,494
- Net assets (EOY)
- $2,558,579,454
- Employer contributions
- $33,216,487
- Participant contributions
- $116,186,936
- Total income / additions
- $735,032,685
- Benefits paid
- $180,537,921
- Administrative expenses
- $465,194
- Total expenses
- $181,094,659
- Net increase / (decrease)
- $553,938,026
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $365,984 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $105,717 | not reported in the loaded dataset |