# Lam Research Corporation 401(k) Plan
Source: https://planprovider.pro/companies/lam-research-corporation-401k-plan

> Lam Research Corporation's 401(k) plan: 8,132 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$150,692|—|$150,692|

| MOSS ADAMS LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $150,692

- **Estimated Expense Ratio:** 0.005% of plan assets

### 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|—|—|—|

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