Plan Snapshot
- Plan Sponsor: Lam Research Corporation
- Sponsor EIN: 942634797
- Sponsor Address: 4650 CUSHING PARKWAY, FREMONT, CA, 94538
- Plan Type: 401(k)
- Total Participants: 8,132
- Total Assets: $2.8B
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 | 8,132 | $2.8B | $34.1M | $120.5M |
| 2023 | 7,708 | $2.6B | $33.2M | $116.2M |
| 2022 | 9,237 | $2.0B | $35.2M | $116.9M |
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 |
|---|---|---|---|---|
| MOSS ADAMS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MOSS ADAMS LLP — 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 | $684,488 | $165,691 | $3,900 | — | — |
| 2023 | $465,194 | $120,718 | $1,800 | — | — |
| 2022 | $530,682 | $76,721 | — | — | — |