Plan Snapshot
- Plan Sponsor: Amgen INC.
- Sponsor EIN: 953540776
- Sponsor Address: ONE AMGEN CENTER DRIVE, THOUSAND OAKS, CA, 913200000
- Plan Type: 401(k)
- Total Participants: 14,965
- Total Assets: $7.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 14,965 | $7.7B | $268.0M | $237.2M |
| 2023 | 12,355 | $6.9B | $210.5M | $192.8M |
| 2022 | 12,714 | $6.0B | $201.9M | $178.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ERNST & YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $9,761,225 | $7,903,793 | — | — | — |
| 2023 | $10,185,265 | $8,715,599 | — | — | — |
| 2022 | $11,837,656 | $11,234,176 | — | — | — |