401(k) · DOL Form 5500 · 2024

Kelly Services, Inc 401(k) Plan

Data updated 2026-07-24

$343M
Total assets
180,351
Participants
96th
Percentile by assets
$1,899
Avg per participant
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Official DOL plan name: Kelly Retirement Savings Plan · Sponsored by Kelly Services, Inc · Michigan · Administrative & Support Services

$343M in assets, 180,351 participants

Kelly Services, Inc's Kelly Retirement Savings Plan reported $343M in total assets and 180,351 participants in its 2024 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 116,472 plans)

Coverage in Michigan

Kelly Retirement Savings Plan covers 180,351 participants in Michigan, 285x the typical Michigan plan (state average ~632 per filing). Assets: $343M.

$343M
total plan assets (2024 EOY)
180,351
covered participants
96th
percentile by assets (of 116,472 plans)
$1,899
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kelly Retirement Savings Plan reported net income fell from $40M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Kelly Retirement Savings Plan reported participants rose from 156,083 in the plan year 2023 filing to 180,351 in the plan year 2024 filing.
  • Kelly Retirement Savings Plan end-of-year assets rose from $312M in the plan year 2023 filing to $343M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Kelly Retirement Savings Plan reports 180,351 participants - 285x that state average ($343M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$312M
Net Assets (End of Year)$343M
Net Income$31M
Employer EIN381510762
Plan Effective Date1992-01-01
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 Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Kelly Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -50510152025 Total assets ($B) Participants Kelly Retirement Sav…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Kelly Retirement Savings Plan 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 Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Kelly Retirement Savings Plan assets move in 2024?
Kelly Retirement Savings Plan grew at a solid clip - up 9.9% during 2024, from $312M to $343M. Reported net income was $31M.
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 Savings Plan rank by assets among Form 5500 filers?
Kelly Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Kelly Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Watts Water Technologies, Inc. 401(k) Savings Plan in MA ($342M, 1,717 participants).

Filing takeaways

Ways to act on Kelly Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381510762.

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