401(k) · DOL Form 5500 · 2023

Kla Corporation 401(k) Plan

Data updated 2026-08-11

$1.8B
Total assets
4,426
Participants
99th
Percentile by assets
$415,119
Avg per participant
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Official DOL plan name: Kla 401(k) Plan · Sponsored by Kla Corporation · California · Manufacturing

$1.8B in assets, 4,426 participants

Kla Corporation's Kla 401(k) Plan reported $1.8B in total assets and 4,426 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 127,072 plans)
  • #18,455 in Manufacturing (18,722 peers)

Coverage in California

Kla 401(k) Plan covers 4,426 participants in California, 7.0x the typical California plan (state average ~630 per filing). Assets: $1.8B.

$1.8B
total plan assets (2023 EOY)
4,426
covered participants
99th
percentile by assets (of 127,072 plans)
$415,119
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kla 401(k) Plan reported net income rose from -$337M in the plan year 2022 filing to $327M in the plan year 2023 filing.
  • Kla 401(k) Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
  • Kla 401(k) Plan reported participants rose from 3,759 in the plan year 2022 filing to 4,426 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Kla 401(k) Plan reports 4,426 participants - 7.0x that state average ($1.8B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.8B
Net Income$327M
Employer EIN042564110
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kla Corporation)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.49B $2.11B ▲ +41.6%
Total plan assets by year, all Kla Corporation plans on file
Year Plans Participants Total Assets
2022 1 3,759 $1.5B
2023 1 4,426 $1.8B
2024 1 4,593 $2.1B

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Kla 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Kla 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Kla 401(k) PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Kla 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kla 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Kla 401(k) Plan assets move in 2023?
Kla 401(k) Plan grew sharply - up 22.9% during 2023, from $1.5B to $1.8B. Reported net income was $327M.
How have Kla Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Kla Corporation's sponsor-wide assets grew 41.4%, from $1.5B to $2.1B.
Where does Kla 401(k) Plan rank by assets among Form 5500 filers?
Kla 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Kla 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Steward Health Care 401(k) Retirement Savings Plan in TX ($1.8B, 33,563 participants).

Filing takeaways

Ways to act on Kla 401(k) Plan's numbers.