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Employers › Idaho

Employer · plans filed under one EIN

Lamb Weston, Inc.

Eagle, ID · Manufacturing

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$734Mnet assets across plans
12,285participant records9,478 active
$55.7Memployer contributions, latest plan years$5,877 per active record
$2.3MSchedule C compensation to organisations$184.21 per participant record

Lamb Weston, Inc., based in Eagle, Idaho, sponsors 3 retirement plans with 100 or more participants: 2 defined contribution and 1 defined benefit. Together they reported 12,285 participant records and $734M in net assets.

The largest is Lamb Weston, Inc. 401(k) Plan for Plant Hourly Employees, a 401(k) plan with 6,088 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $55.7M and participant contributions $38.1M in the latest plan years; benefits paid were $89.2M. Schedule C compensation reported to service provider organisations totalled $2.3M.

Combined net assets moved from $344M in 2017 to $734M in 2024 (up 113%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Lamb Weston, Inc. 401(k) Plan for Plant Hourly Employees401(k) plan20246,088$254M$41,640$4,036$579K
Lamb Weston, Inc. Pension Plan for Plant Hourly Employeesdefined benefit pension plan20243,735$36.5M$9,766$6,448$1.3M
Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees401(k) plan20242,462$444M$180,429$10,122$371K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2017: $344M2018: $349M2019: $454M2020: $538M2021: $599M2022: $508M2023: $638M2024: $734M$344M$734M20172018202020222024
Combined net assets
2017: 10,0602018: 10,6552019: 11,5082020: 11,6212021: 11,8012022: 12,2692023: 12,5992024: 12,28510,06012,59912,28520172018202020222024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
2024312,285$734M$55.7M$38.1M
2023312,599$638M$47.8M$39.3M
2022312,269$508M$36.4M$32.7M
2021311,801$599M$30.4M$28.7M
2020311,621$538M$28.7M$26.2M
2019311,508$454M$34.0M$24.8M
2018310,655$349M$17.9M$20.2M
2017310,060$344M$21.0M$3.8M

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Mercer Investments LLCInvestment advisory (plan); Investment management; Actuarial3$1,367,911
Fidelity Investments InstitutionalParticipant loan processing2$591,421
Strategic Advisors, Inc.Investment advisory (plan)2$217,697
Eide Bailly LLPAccounting (including auditing)3$49,501
Seyfarth Shaw LLPLegal2$21,039
State Street Bank & TrustTrustee (directed); Custodial (securities)1$8,564
ComericaRecordkeeping and information management; Other services1$6,925

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Mercer Investments LLC$1.4M
Fidelity Investments Institutional$591K
Strategic Advisors, Inc.$218K
Eide Bailly LLP$50K
Seyfarth Shaw LLP$21K
State Street Bank & Trust$8,564
Comerica$6,925

Questions and answers

How many retirement plans does Lamb Weston, Inc. have?

3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Lamb Weston, Inc. 401(k) Plan for Plant Hourly Employees, Lamb Weston, Inc. Pension Plan for Plant Hourly Employees and Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Lamb Weston, Inc. contribute to its plans?

$55,698,805 in employer contributions across these plans in their latest plan years, about $5,877 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Mercer Investments LLC, Fidelity Investments Institutional, Strategic Advisors, Inc. and Eide Bailly LLP and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.