Kla Corporation
Updated Filing received by DOL
Kla Corporation, a manufacturing — metal, equipment, transportation employer in Milpitas, California, reported 4,298 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 15 insurance contracts with no premium reported and $524,503 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 16, 2025, before the deadline.
Who was paid on Kla Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Kla Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Willis Towers Watson · New York, NY | $206,827 | $172,181 | $379,008 | 7 |
| Ruth Larkin · Lakewood, CO | $43,863 | $0 | $43,863 | 2 |
| Reuben Warner Associates, Inc. · Staten Island, NY | $42,465 | $0 | $42,465 | 1 |
| Ltci Partners · San Antonio, TX | $24,219 | $0 | $24,219 | 1 |
| J Manning & Associates · Chicago, IL | $24,219 | $0 | $24,219 | 1 |
| Empyrean Insurance Services · Bellaire, TX | $0 | $6,423 | $6,423 | 1 |
| Watson Wyatt & Company · Arlington, VA | $0 | $4,306 | $4,306 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Kaiser Foundation Health Plan of the Northwesthealth, prescription drug, HMO | 262 | — | — | — |
| Cigna Health and Life Insurance Companyhealth, dental | 40 | — | — | — |
| Ace American Insurance Companycoverage not coded | 4,504 | — | $42,465 | — |
| Delaware American Life Insurance of Americalife, long-term disability | 40 | — | — | — |
| Metlife Legal Planscoverage not coded | 775 | — | $30,461 | — |
| Kaiser Foundation Health Plan Inc.health, prescription drug, HMO | 61 | — | — | — |
| Genworth Life Insurance Companycoverage not coded | 108 | — | $16,186 | — |
| Kaiser Foundation Health Plan Inc.health, prescription drug, HMO | 2,494 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 2 | — | — | — |
| Continental American Insurance Companylife, short-term disability, long-term disability | 4,928 | — | $159,796 | — |
| Spring Healthcoverage not coded | 1,051 | — | — | — |
| Metropolitan Life Insurance Companyhealth | 2,438 | — | $39,257 | — |
| Metropolitan Life Insurance Companyhealth | 1,144 | — | $67,046 | — |
| Metropolitan Life Insurance Companyhealth | 773 | — | $41,811 | — |
| Trustmark Insurance Companylife | 139 | — | $127,481 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Kla Corporation compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 4,132 | 4,298 | +4.0% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $321,607 | $524,503 | +63.1% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Kla-Tencor Corporation Group Insurance Plan#501 · insurance, general assets | December 31, 2024 | July 16, 2025 | before deadline | 4,298 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Kla Corporation pay in health insurance broker commissions in 2024?
Kla Corporation's 2024 Form 5500 reports $524,503 in broker commissions and fees across 15 insurance contracts ($341,593 in commissions, $182,910 in fees), with Willis Towers Watson receiving the largest share.
Is Kla Corporation's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Kaiser Foundation Health Plan of the Northwest, Cigna Health and Life Insurance Company, Kaiser Foundation Health Plan Inc..
How does Kla Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Kla Corporation because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.