Savings Plus Plan, Lam Research 401(K) — Form 5500 plan (Lam Research Corporation)

Plain-English plan 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, Savings Plus Plan, Lam Research 401(K) is a benefit plan reported by Lam Research Corporation under EIN 94-2634797 and plan number 001. The latest loaded filing year is 2023. The filing reports 11,873 participants and $2,558,825,948 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lam Research Corporation
EIN
94-2634797
Plan number
001
Plan type
2
Location
Fremont, CA
Latest filing year
2023
Participants
11,873
End-of-year plan assets
$2,558,825,948

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202311,873H, C20240628143128NAL0000877329001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,558,825,948
Total liabilities (EOY)
$246,494
Net assets (EOY)
$2,558,579,454
Net assets (BOY)
$2,004,641,428

Income & contributions

Employer contributions
$33,216,487
Participant contributions
$116,186,936
Total contributions
$157,680,902
Total income / additions
$735,032,685

Expenses & distributions

Benefits paid
$180,537,921
Administrative expenses
$465,194
Total expenses
$181,094,659
Net increase / (decrease)
$553,938,026

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$365,984$02023
Strategic Advisors, Inc.ADVISOR$105,717not reported in the loaded dataset2023

Related Form 5500 pages