Plan Ledger DOL Form 5500 · updated monthly

Micron Technology, Inc.401(k)

MICRON TECHNOLOGY INC. RETIREMENT AT MICRON (RAM) PLAN · BOISE, ID · plan year 2025

Reported admin expense ratio · 2025
0.04%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Micron Technology, Inc. reported $1,651,156 in plan administrative expenses for 2025: 0.04% of average plan assets, below the peer median. Employer contributions averaged $7,822 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 2nd-largest of 349 plans among Idaho employers on file, and the 81st of 13,661 in manufacturing. In 2025, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,430,212,574
Participants with balances15,203
Active participants10,273
Employer contributions$80,351,544
Employee contributions$175,049,418
Employer contribution per active participant$7,822
Average account balance$291,404
Benefits paid to participants$260,046,271
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.4B · 15,203 accts · $80.4M emplr
2024$3.7B · 14,963 accts · $72.1M emplr
2023$3.2B · 14,211 accts · $57.8M emplr
2022$2.8B · 15,067 accts · $67.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$399,406
Investment management$923,281
Total administrative$1,651,156
The Micron Technology, Inc. 401(k) match · 2025
Employer contribution per active participant$7,822
Median for plans this size$5,084
2025$7,822 per active participant
2024$7,302 per active participant
2023$6,724 per active participant
2022$6,843 per active participant

Micron Technology, Inc.'s 2025 employer contribution ran above the $5,084 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$923,281
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$439,194
MERCER · Investment advisory (plan)$41,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$1,651,156 · 0.04%
2024$1,112,885 · 0.03%
2023$1,006,437 · 0.03%
2022$1,046,237 · 0.03%
Same employer
Similar plansManufacturing · Idaho
Georgia-Pacific LLC GA$4.7B · 0.04%
Koch Companies, LLC KS$4.3B · 0.02%
Analog Devices, Inc. MA$4.3B · 0.01%
Ppg Industries, Inc. PA$4.3B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751618004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.