401(k) · DOL Form 5500 · 2023
Kelly Services, Inc 401(k) Plan
Data updated 2026-08-11
- $312M
- Total assets
- 156,083
- Participants
- 96th
- Percentile by assets
- $1,997
- Avg per participant
Official DOL plan name: Kelly Retirement Savings Plan · Sponsored by Kelly Services, Inc · Michigan · Administrative & Support Services
$312M in assets, 156,083 participants
Kelly Services, Inc's Kelly Retirement Savings Plan reported $312M in total assets and 156,083 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)
- #4,295 in Administrative & Support Services (4,372 peers)
Coverage in Michigan
Kelly Retirement Savings Plan covers 156,083 participants in Michigan, 245x the typical Michigan plan (state average ~638 per filing). Assets: $312M.
- $312M
- total plan assets (2023 EOY)
- 156,083
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $1,997
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Kelly Retirement Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $40M in the plan year 2023 filing.
- Kelly Retirement Savings Plan end-of-year assets rose from $195M in the plan year 2022 filing to $312M in the plan year 2023 filing.
- Kelly Retirement Savings Plan reported participants rose from 110,343 in the plan year 2022 filing to 156,083 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Kelly Retirement Savings Plan reports 156,083 participants - 245x that state average ($312M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $265M |
|---|---|
| Net Assets (End of Year) | $312M |
| Net Income | $40M |
| Employer EIN | 381510762 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kelly Services, Inc)
| 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 Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Scale composition for Kelly Retirement Savings Plan
Kelly Retirement Savings Plan reports $312M in end-of-year assets across 156,083 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.17% of 93,925,755 covered participants) - about $1,997 per participant (1% of the national average assets-per-participant) . Net income for plan year 2023 was $40M.
This plan identity (EIN 381510762, plan #004) has 5 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $265M to $343M (+29.3%) while covered participants moved from 136,581 to 180,351 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 136,581 | $265M | Open filing |
| 2022 | 113,468 | $241M | Open filing |
| 2022 | 110,343 | $195M | Open filing |
| 2023 | 156,083 | $312M | This page |
| 2024 · index core | 180,351 | $343M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Kelly Retirement Savings Plan (401(k), $343M, 180,351 participants)
- Kelly Retirement Plus (401(k), $270M, 3,355 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Kelly Retirement Savings Plan by total assets, not by location.
- Aaon, Inc. Savings and Investment Plan (OK) $312M · 3,270
- Boeing Employees' Credit Union 401(k) Plan (WA) $312M · 2,842
- Toray 401(k) Savings Plan (RI) $312M · 1,717
- Palantir Technologies 401(k) Plan (CO) $312M · 2,416
Frequently Asked Questions
How did Kelly Retirement Savings Plan assets move in 2023? ▼
How have Kelly Services, Inc plan assets changed over time? ▼
Where does Kelly Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Kelly Retirement Savings Plan? ▼
Next read for Kelly Retirement Savings Plan
Filing takeaways
Ways to act on Kelly Retirement Savings Plan's numbers.
- By total assets, Kelly Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Kelly Services, Inc's sponsor-wide assets have declined 54.0% since 2022 across 3 plan years on file. More Administrative & Support Services plans