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Benchmarking Lamb Weston, Inc. 401(K) Plan for Plant Hourly Employees in Eagle, ID against all plans

 

Lamb Weston, Inc. 401(K) Plan for Plant Hourly Employees in Eagle, ID has the 5th-highest average employer cash contribution per active participant ($2,499) of the 243 plans that have 5,000 to 24,999 total participants. That $2,499 compares to an average of $739.70 across those 243 plans.

Beating the average of $739.70 means an extra $9,212,445 in employer cash contributions.

But it's still under the median of $2,840 and average of $3,423 across 10 plans that, like it, are in Idaho.

Note: average employer cash contribution per active participant =
cash contributions from employers รท active participants at the end of the plan year

Lamb Weston, Inc. 401(K) Plan for Plant Hourly Employees has these standings among those 243 plans:

  • average employer cash contribution per active participant = $2,499 (5th-highest)

  • cash contributions from employers = $13,085,454 (8th-most)

  • active participants at the end of the plan year = 5,236 (82nd-fewest)

Visualize

 
 

Peers

beat out by Wework 401(K) Plan in New York, NY ($5,921), TD Ameritrade 401(K) Profit Sharing Plan in Jersey City, NJ ($4,986), United Mine Workers of America Cash Deferred Savings Plan of 1988 in Washington, DC ($3,365), and Crosscountry Mortgage 401(K) Retirement Savings Plan in Brecksville, OH ($2,799).

beat My Savings Plan (Union) in Louisville, KY ($2,444), Yelp Inc. 401(K) Plan in San Francisco, CA ($2,336), Southwest Key Programs, Inc. 401(K) Retirement Plan in Austin, TX ($2,291), and Sunrun, Inc. 401(K) Plan in San Francisco, CA ($2,231), and others, ending with LYFT 401(K) Plan in San Francisco, CA ($0.00).

References

  1. average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.