Kla 401(K) Plan — Form 5500 plan (Kla Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Kla 401(K) Plan is a benefit plan reported by Kla Corporation under EIN 04-2564110 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,949 participants and $1,837,316,976 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kla Corporation
- EIN
- 04-2564110
- Plan number
- 001
- Plan type
- 2
- Location
- Milpitas, CA
- Latest filing year
- 2023
- Participants
- 5,949
- End-of-year plan assets
- $1,837,316,976
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,949 | H, C | 20240812151414NAL0016366400001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,837,316,976
- Total liabilities (EOY)
- $65
- Net assets (EOY)
- $1,837,316,911
- Net assets (BOY)
- $1,494,971,927
Income & contributions
- Employer contributions
- $26,396,249
- Participant contributions
- $83,708,910
- Total contributions
- $118,020,393
- Total income / additions
- $427,232,520
Expenses & distributions
- Benefits paid
- $100,075,869
- Administrative expenses
- $424,663
- Total expenses
- $100,506,346
- Net increase / (decrease)
- $326,726,174
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $208,741 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $123,727 | $0 | 2023 |
| Sageview Advisory Group, LLC | INVESTMENT ADVISORY | $56,250 | not reported in the loaded dataset | 2023 |
| Moss Adams Llp | MOSS ADAMS LLP | $38,595 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kla Corporation
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Milpitas, CA
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Sageview Advisory Group, LLC — Schedule C compensation
- Moss Adams Llp — Schedule C compensation