401(k) · DOL Form 5500 · 2023

Kla Corporation 401(k) Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
4,426
Participants Above avg headcount
99th
Percentile by assets National rank
$415,119
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#18,455
in Manufacturing (18,722 peers)
+22.9%
assets growth YoY
18×
vs typical plan assets (national mean)

Kla 401(k) Plan's outsized position by total assets

Kla 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,837,316,976 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Kla 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kla 401(k) Plan lands in the large band (4,426 participants).

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 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042564110 · Kla Corporation PY 2023 · 401(k)

Kla 401(k) Plan · $1.8B · 4,426 · 99th

  • PART $1.8B
  • TYPE 4,426
  • NET 99th
  • BOOK 401(k)
  • VS-ST near Steward Health Care 401(k) Retirement Savings Plan
  • BOY ind #18455

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in California →

Kla 401(k) Plan in the asset neighbourhood

Nexstar Media Group, Inc. 401(k) PlanNexstar Media Group, Inc. 40…$1.8BAllegis Group, Inc. Retirement Savings Plan OneAllegis Group, Inc. Retireme…$1.8BKla 401(k) Plan$1.8BSteward Health Care 401(k) Retirement Savings PlanSteward Health Care 401(k) R…$1.8BZf North America, Inc. 401(k) Savings PlanZf North America, Inc. 401(k…$1.8B
End-of-year total assets ($B) among Kla 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Kla Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 41.380766063521754% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.49B $2.11B ▲ +41.6%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Kla 401(k) Plan, Total assets ($B): 1.837316976 · Participants: 4426Kla 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Kla 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Kla 401(k) Plan side-by-side with 3 peers →

Kla 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Steward Health Care 401(k) Retirement Savings Plan in TX ($1.8B); by covered participants it is Goodwill Industries of Central Arizona Retirement Plan in AZ (4,429 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,426 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Kla 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Goodwill Industries of Central Arizona Retirement Plan in AZ (4,429 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042564110.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.