Employers › KLA
Recordkeeping fees per participant · KLA 401(k) Plan · plan year 2024
$27.83
Higher than 37% of the 790 plans over $1B that report it.
= $184,943 / 6,646
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250820150009NAL0001659683001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820150009NAL0001659683001, received 2025-08-20
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-20.
Administrative expenses excluding investment management, per participant
$47.14
Higher than 55% of the 1,045 plans over $1B that report it.
= $313,296 / 6,646
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250820150009NAL0001659683001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820150009NAL0001659683001, received 2025-08-20
Administrative expenses per participant
$88.74
Higher than 64% of the 1,076 plans over $1B that report it.
= $589,749 / 6,646
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820150009NAL0001659683001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820150009NAL0001659683001, received 2025-08-20
Administrative expenses as a share of assets
0.028%
Higher than 28% of the 1,076 plans over $1B that report it.
= $589,749 / $2,113,602,801
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820150009NAL0001659683001, received 2025-08-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250820150009NAL0001659683001, received 2025-08-20
Employer contributions per participant
$4,139
Higher than 56% of the 1,135 plans over $1B that report it.
= $27,508,445 / 6,646
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820150009NAL0001659683001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820150009NAL0001659683001, received 2025-08-20
Employer share of total contributions
22.1%
Higher than 14% of the 1,135 plans over $1B that report it.
= $27,508,445 / $124,553,953
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820150009NAL0001659683001, received 2025-08-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250820150009NAL0001659683001, received 2025-08-20
Plan terms are described in KLA Corporation's SEC filings: Form 10-K filed 2026-08-06. No term could be quoted from them with the required precision.
2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · 2F ERISA 404(c) plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250820150009NAL0001659683001, received 2025-08-20
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KLA CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Plan name | KLA 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Sponsor EIN / plan number | 04-2564110 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Sponsor location | MILPITAS, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Filing received | 2025-08-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Participants, beginning of year | 6,200 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Active participants | 7,680 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Participants, end of year | 9,298 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Participants with an account balance | 6,646 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Total assets, beginning of year | $1,837,316,976 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Total assets, end of year | $2,113,602,801 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Net assets, end of year | $2,113,602,759 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Total income | $423,454,051 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Net income | $276,285,848 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Employer contributions | $27,508,445 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Participant contributions | $88,774,519 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Other contributions (incl. rollovers) | $8,270,989 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Total contributions | $124,553,953 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Benefit payments | $146,542,231 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Total expenses (incl. benefit payments) | $147,168,203 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Total administrative expenses | $589,749 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Recordkeeping fees | $184,943 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| IQPA audit fees | $43,050 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Investment advisory and management fees | $276,453 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Administrative expenses excluding investment management | $313,296 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Held in common/collective trusts | $500,763,010 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Held in mutual funds | $1,432,745,796 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250820150009NAL0001659683001, received 2025-08-20 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250820150009NAL0001659683001, received 2025-08-20 |
Position = column in the DOL layout for form year 2024. Filing 20250820150009NAL0001659683001, received 2025-08-20.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $276,453 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $187,076 | yes |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISORY | 16 Consulting (general); 27 Investment advisory (plan) | $85,303 | no |
| MOSS ADAMS, LLP | ACCOUNTANT | 10 Accounting (including auditing) | $43,050 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250820150009NAL0001659683001, received 2025-08-20.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,837,316,976 | $2,113,602,801 | 15.0% |
| Participants with a balance | 6,089 | 6,646 | 9.1% |
| Administrative expenses | $424,663 | $589,749 | 38.9% |
| Recordkeeping fees per participant | $19.88 | $27.83 | 39.9% |
| Employer contributions | $26,396,249 | $27,508,445 | 4.2% |
Prior filing 20240812151414NAL0016366400001, received 2024-08-12; the plan years are contiguous.
Sponsor name as filed: KLA CORPORATION; SEC registrant: KLA CORP (CIK 319201, matched by EIN; display name from the Form 10-K cover).