Employers › Micron Technology
Recordkeeping fees per participant · Micron Technology Inc. Retirement at Micron (ram) Plan · plan year 2024
$21.43
Higher than 27% of the 790 plans over $1B that report it.
= $320,689 / 14,963
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015124531NAL0006295680001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015124531NAL0006295680001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$21.77
Higher than 20% of the 1,045 plans over $1B that report it.
= $325,789 / 14,963
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015124531NAL0006295680001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015124531NAL0006295680001, received 2025-10-15
Administrative expenses per participant
$74.38
Higher than 54% of the 1,076 plans over $1B that report it.
= $1,112,885 / 14,963
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015124531NAL0006295680001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015124531NAL0006295680001, received 2025-10-15
Administrative expenses as a share of assets
0.030%
Higher than 30% of the 1,076 plans over $1B that report it.
= $1,112,885 / $3,744,829,372
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015124531NAL0006295680001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015124531NAL0006295680001, received 2025-10-15
Employer contributions per participant
$4,820
Higher than 66% of the 1,135 plans over $1B that report it.
= $72,128,454 / 14,963
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015124531NAL0006295680001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015124531NAL0006295680001, received 2025-10-15
Employer share of total contributions
28.4%
Higher than 34% of the 1,135 plans over $1B that report it.
= $72,128,454 / $253,633,951
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015124531NAL0006295680001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015124531NAL0006295680001, received 2025-10-15
Employer match
“We match in cash eligible contributions from employees up to 5% of the employee’s annual eligible earnings.”
Form 10-K filed 2025-10-03, for the year ended 2025-08-28 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-08-28. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015124531NAL0006295680001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MICRON TECHNOLOGY, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Plan name | MICRON TECHNOLOGY INC. RETIREMENT AT MICRON (RAM) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Sponsor EIN / plan number | 75-1618004 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Sponsor location | BOISE, ID | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Participants, beginning of year | 14,277 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Active participants | 9,878 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Participants, end of year | 15,307 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Participants with an account balance | 14,963 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Total assets, beginning of year | $3,248,376,347 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Total assets, end of year | $3,744,829,372 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Net assets, end of year | $3,744,683,106 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Total income | $725,253,255 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Net income | $496,909,417 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Employer contributions | $72,128,454 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Participant contributions | $153,103,861 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $28,401,636 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Total contributions | $253,633,951 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Benefit payments | $227,179,156 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $228,343,838 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Total administrative expenses | $1,112,885 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Contract administrator fees | $5,100 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Recordkeeping fees | $320,689 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Investment advisory and management fees | $787,096 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Administrative expenses excluding investment management | $325,789 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Held in common/collective trusts | $3,096,733,988 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Held in mutual funds | $558,262,378 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015124531NAL0006295680001, received 2025-10-15 |
| Independent auditor | MOSS ADAMS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015124531NAL0006295680001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015124531NAL0006295680001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $787,097 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $376,830 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015124531NAL0006295680001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,248,376,347 | $3,744,829,372 | 15.3% |
| Participants with a balance | 14,211 | 14,963 | 5.3% |
| Administrative expenses | $1,006,437 | $1,112,885 | 10.6% |
| Recordkeeping fees per participant | $24.52 | $21.43 | -12.6% |
| Employer contributions | $57,813,860 | $72,128,454 | 24.8% |
Prior filing 20240715151404NAL0002753712001, received 2024-07-15; the plan years are contiguous.
Sponsor name as filed: MICRON TECHNOLOGY, INC.; SEC registrant: MICRON TECHNOLOGY INC (CIK 723125, matched by EIN; display name from the Form 10-K cover).