401(k) · DOL Form 5500 · 2023

Kelly Services, Inc 401(k) Plan

Data updated 2026-08-11

$254M
Total assets
4,134
Participants
96th
Percentile by assets
$61,465
Avg per participant
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Official DOL plan name: Kelly Retirement Plus · Sponsored by Kelly Services, Inc · Michigan · Administrative & Support Services

$254M in assets, 4,134 participants

Kelly Services, Inc's Kelly Retirement Plus reported $254M in total assets and 4,134 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #4,284 in Administrative & Support Services (4,372 peers)

Coverage in Michigan

Kelly Retirement Plus covers 4,134 participants in Michigan, 6.5x the typical Michigan plan (state average ~638 per filing). Assets: $254M.

$254M
total plan assets (2023 EOY)
4,134
covered participants
96th
percentile by assets (of 127,072 plans)
$61,465
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kelly Retirement Plus end-of-year assets rose from $221M in the plan year 2022 filing to $254M in the plan year 2023 filing.
  • Kelly Retirement Plus reported net income fell from $29M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Kelly Retirement Plus reported participants rose from 4,097 in the plan year 2022 filing to 4,134 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Kelly Retirement Plus reports 4,134 participants - 6.5x that state average ($254M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$219M
Net Assets (End of Year)$254M
Net Income$26M
Employer EIN381510762
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kelly Services, Inc)

$0B$0.5B$1B$1.5B 202220232024 $1.33B $0.61B ▼ -54.1%
Total plan assets by year, all Kelly Services, Inc plans on file
Year Plans Participants Total Assets
2022 6 372,792 $1.3B
2023 2 160,217 $566M
2024 2 183,706 $613M

Nearby 401(k) Plans in Michigan

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

Kelly Retirement Plus vs. nearby 401(k) plans in Michigan, assets vs. participants

Kelly Retirement Plus vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Kelly Retirement PlusGeneral Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Kelly Retirement Plus vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kelly Retirement Plus by total assets, not by location.

Frequently Asked Questions

How did Kelly Retirement Plus assets move in 2023?
Kelly Retirement Plus grew sharply - up 16.2% during 2023, from $219M to $254M. Reported net income was $26M.
How have Kelly Services, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Kelly Services, Inc's sponsor-wide assets declined 54.0%, from $1.3B to $613M.
Where does Kelly Retirement Plus rank by assets among Form 5500 filers?
Kelly Retirement Plus ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Kelly Retirement Plus?
Among 401(k) plans in other states, the closest by assets is Valiant Integrated Services 401(k) Plan in VA ($254M, 4,385 participants).

Filing takeaways

Ways to act on Kelly Retirement Plus's numbers.