LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES

At the end of 2022, the total retirement plan assets of LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is $169,674,646.This plan was established in 2017.

At the end of 2022, the total number of retirement plan participants in LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is 5800

In 2022, the average participant retirement account value for LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is $29,254

In 2022, the estimated average employee contribution amount per participant for LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is $2,688

In 2022, the estimated average employer match for an employee in LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is approximately $2,992

In 2022, LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES allocates $17,353,708 to match its employees’ contributions, providing an employer match rate of 112.44% of their contributions

In 2022, the total retirement plan asset growth rate of LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is -8.43%

In 2022, the estimated aggregate retirement account investment gain/loss for LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is -15.01%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES is 0.30%.

Enrollment Features

LAMB WESTON, INC. 401(K) PLAN FOR PLANT HOURLY EMPLOYEES has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.