Employers › Kelly Services › plan 002
Recordkeeping fees per participant · Kelly Retirement Plus · plan year 2024
$60.49
Higher than 65% of the 1,697 plans $250M to 1B that report it.
= $227,512 / 3,761
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008113858NAL0009330016001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008113858NAL0009330016001, received 2025-10-08
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.
Administrative expenses excluding investment management, per participant
$131.48
Higher than 87% of the 2,324 plans $250M to 1B that report it.
= $494,481 / 3,761
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008113858NAL0009330016001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008113858NAL0009330016001, received 2025-10-08
Administrative expenses per participant
$142.78
Higher than 79% of the 2,405 plans $250M to 1B that report it.
= $536,981 / 3,761
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008113858NAL0009330016001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008113858NAL0009330016001, received 2025-10-08
Administrative expenses as a share of assets
0.199%
Higher than 92% of the 2,407 plans $250M to 1B that report it.
= $536,981 / $270,331,959
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008113858NAL0009330016001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008113858NAL0009330016001, received 2025-10-08
Employer contributions per participant
$1,059
Higher than 8% of the 2,457 plans $250M to 1B that report it.
= $3,984,526 / 3,761
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008113858NAL0009330016001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008113858NAL0009330016001, received 2025-10-08
Employer share of total contributions
22.2%
Higher than 22% of the 2,459 plans $250M to 1B that report it.
= $3,984,526 / $17,921,743
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008113858NAL0009330016001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008113858NAL0009330016001, received 2025-10-08
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008113858NAL0009330016001, received 2025-10-08
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KELLY SERVICES, INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Plan name | KELLY RETIREMENT PLUS | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Sponsor EIN / plan number | 38-1510762 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Sponsor location | TROY, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Industry (business code) | 561300, Administrative and support and waste management services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Participants, beginning of year | 5,004 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Active participants | 3,040 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Participants, end of year | 4,449 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Participants with an account balance | 3,761 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Total assets, beginning of year | $254,098,200 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Total assets, end of year | $270,331,959 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Net assets, end of year | $270,331,959 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Total income | $48,105,513 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Net income | $16,369,272 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Employer contributions | $3,984,526 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Participant contributions | $13,029,125 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $908,092 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Total contributions | $17,921,743 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Benefit payments | $31,199,260 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $31,736,241 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Total administrative expenses | $536,981 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Recordkeeping fees | $227,512 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| IQPA audit fees | $33,325 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Investment advisory and management fees | $42,500 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Administrative expenses excluding investment management | $494,481 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Held in common/collective trusts | $185,121,852 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Held in mutual funds | $85,120,094 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008113858NAL0009330016001, received 2025-10-08 |
| Independent auditor | PLANTE & MORAN PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008113858NAL0009330016001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008113858NAL0009330016001, received 2025-10-08.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND Srecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 63 Distribution (12b-1) fees; 72 Other investment fees and expenses | $227,512 | yes |
| THOMPSON HINE | OTHER | 50 Direct payment from the plan | $69,593 | no |
| CAPTRUST | CONSULTANT | 50 Direct payment from the plan; 70 Consulting fees | $42,500 | no |
| PLANTE & MORAN, PLLC | ACCOUNTANT | 10 Accounting (including auditing); 50 Direct payment from the plan | $33,325 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008113858NAL0009330016001, received 2025-10-08.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $254,098,200 | $270,331,959 | 6.4% |
| Participants with a balance | 4,072 | 3,761 | -7.6% |
| Administrative expenses | $642,103 | $536,981 | -16.4% |
| Recordkeeping fees per participant | $54.97 | $60.49 | 10.1% |
| Employer contributions | $3,934,708 | $3,984,526 | 1.3% |
Prior filing 20240929070001NAL0004369025001, received 2024-09-29; the plan years are contiguous.