LastPass - Does LastPass Keep a Record of My Master Password?

LastPass (LogMeIn) has no knowledge of your Master Password

No, LastPass has a zero-knowledge security model and does not store its users’ Master Passwords. Therefore, it is important that you set up any/all Master Password recovery options for all of your LastPass accounts. For LastPass Enterprise specifically, make sure you also log into the browser extension regularly so that your Master Password can be completely reset if necessary. To request a Last Pass Enterprise Master Password reset, contact the DoIT Help Desk.