Lamb Weston 401(k) match, vesting and fees

Plan year 2024 filingLamb Weston, Inc. 401(k) Plan for Plant Hourly Employees · Plan 002 · EIN 20-8865395Updated Oct 2026

What Lamb Weston's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $21.1M in employer contributions, about $3,674 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$44,042
Average account balance
6,088
Participants (end of year)
$254M
Plan assets (end of year)
0.25%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorEide Bailly LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 283 defined-contribution plans in manufacturing with 5,000 to 9,999 participants.

Lamb Weston: employer contribution per participant$3,674
Peer median$2,895
Lamb Weston: average balance$44,042
Peer median$115,263
Lamb Weston: admin expenses ÷ assets0.25%
Peer median0.08%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $217M at the end of plan year 2023 to $254M at the end of plan year 2024.

$217M2023$254M2024
End-of-year figures from each plan year's Form 5500 filing for the Lamb Weston plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20246,088$254M$21.1M$3,6740.25%Not publishedForm 5500 ↗
20236,278$217M$21.7M$3,6350.27%Not publishedForm 5500 ↗

Other Lamb Weston plans (2)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly Employees

Plan 003 · EIN 20-8865395 · plan year 2024 filing
$180,722
Average account balance
2,462
Participants (end of year)
$444M
Plan assets (end of year)
0.09%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorEide Bailly LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Lamb Weston, Inc. Pension Plan for Plant Hourly Employees

Plan 001 · EIN 20-8865395 · plan year 2024 filing
$9,766
Average account balance
3,735
Participants (end of year)
$36.5M
Plan assets (end of year)
5.53%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperComericaSchedule C ↗
Independent auditorEide Bailly LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Lamb Weston match 401(k) contributions?

The match terms for the Lamb Weston, Inc. 401(k) Plan for Plant Hourly Employees have not been published from its filing yet. The plan year 2024 filing reports $21.1M in employer contributions, about $3,674 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Lamb Weston 401(k) match vested?

The vesting schedule for the Lamb Weston, Inc. 401(k) Plan for Plant Hourly Employees is not in the data published so far. Your Summary Plan Description states it.

Who manages the Lamb Weston 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Lamb Weston, Inc..

I left Lamb Weston. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Lamb Weston, Inc., (208) 938-1047) or the recordkeeper, Fidelity Investments Institutional. The Lamb Weston old 401(k) page lists the contacts from every plan filing. Find an old Lamb Weston 401(k)

Data from the public Form 5500 annual reports Lamb Weston filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lamb Weston. Not financial advice. Report a correction · Methodology