401(k) · DOL Form 5500 · 2024

Kelly Services, Inc 401(k) Plan

Data updated 2026-08-25

$343M
Total assets Above avg plan size
180,351
Participants Very large workforce
96th
Percentile by assets National rank
$1,899
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #4,282 in Administrative & Support Services (4,368 peers)

Coverage in Michigan

Kelly Retirement Savings Plan covers 180,351 participants in Michigan, 283x the typical Michigan plan (state average ~638 per filing). Assets: $343M.

#4,282
in Administrative & Support Services (4,368 peers)
+9.9%
assets growth YoY
3.4×
vs typical plan assets (national mean)

Kelly Retirement Savings Plan's outsized position by total assets

Kelly Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$342,524,646 Top 4% higher than 96% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Kelly Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kelly Retirement Savings Plan is a mega filing (180,351 participants), the rightmost band on the breakdown.

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 →

DOL schedule card

Filing strip 381510762 · Kelly Services, Inc PY 2024 · 401(k)

Kelly Retirement Savings Plan · $343M · 180,351 · 96th

  • NET $343M
  • BOOK 180,351
  • VS-ST 96th
  • BOY 401(k)
  • SCH near Watts Water Technologies, Inc. 401(k) Savings Plan
  • EBSA ind #4282

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Administrative & Support Services retirement plans → · Plans in Michigan →

Kelly Retirement Savings Plan in the asset neighbourhood

Washington Gas Light Company Savings PlanWashington Gas Light Company…$343MKelly Retirement Savings Plan$343MWatts Water Technologies, Inc. 401(k) Savings PlanWatts Water Technologies, In…$342MBrady Matched 401(k) Plan$342MThe Sparc Group LLC 401(k) Investment and Savings PlanThe Sparc Group LLC 401(k) I…$342M
End-of-year total assets ($M) among Kelly Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Kelly Services, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$613M 54.02204271075354% vs 2022
2024 filing year
$0B$0.5B$1B$1.5B 202220232024 $1.33B $0.61B ▼ -54.1%
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 Scatter plot of 6 data points. 050000100000150000200000 -50510152025 Total assets ($B) Participants Kelly Retirement Savings Plan, Total assets ($B): 0.342524646 · Participants: 180351Kelly Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Kelly Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Kelly Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Kelly Retirement Savings Plan

Kelly Retirement Savings Plan reports $343M in end-of-year assets across 180,351 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.19% of 93,925,755 covered participants) - about $1,899 per participant (1% of the national average assets-per-participant) . Net income for plan year 2024 was $31M.

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 Open filing
2024 · index core 180,351 $343M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Kelly Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Watts Water Technologies, Inc. 401(k) Savings Plan in MA ($342M); by covered participants it is Wells Fargo & Company 401(k) Plan in MN (179,076 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($343M here).

Similar participant headcount

Nearest other-state filings by covered participants (180,351 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which 401(k) plans cover a similar participant headcount to Kelly Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wells Fargo & Company 401(k) Plan in MN (179,076 participants, $57.9B in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

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