2023 Form 5500 filing — Kla 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240812151414NAL0016366400001) for Kla 401(K) Plan, reported by Kla Corporation under EIN 04-2564110 and plan number 001. It reports 5,949 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240812151414NAL0016366400001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kla Corporation
- EIN
- 04-2564110
- Plan number
- 001
- Location
- Milpitas, CA
- Participants
- 5,949
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,837,316,976
- Total liabilities (EOY)
- $65
- Net assets (EOY)
- $1,837,316,911
- Employer contributions
- $26,396,249
- Participant contributions
- $83,708,910
- Total income / additions
- $427,232,520
- Benefits paid
- $100,075,869
- Administrative expenses
- $424,663
- Total expenses
- $100,506,346
- Net increase / (decrease)
- $326,726,174
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $208,741 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $123,727 | $0 |
| Sageview Advisory Group, LLC | INVESTMENT ADVISORY | $56,250 | not reported in the loaded dataset |
| Moss Adams Llp | MOSS ADAMS LLP | $38,595 | not reported in the loaded dataset |