Employers › Kelly Services › plan 004
Recordkeeping fees per participant · Kelly Retirement Savings Plan · plan year 2024
$54.41
Higher than 57% of the 1,697 plans $250M to 1B that report it.
= $515,722 / 9,478
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008114223NAL0013285762001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008114223NAL0013285762001, 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
$75.88
Higher than 59% of the 2,324 plans $250M to 1B that report it.
= $719,163 / 9,478
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008114223NAL0013285762001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008114223NAL0013285762001, received 2025-10-08
Administrative expenses per participant
$80.36
Higher than 44% of the 2,405 plans $250M to 1B that report it.
= $761,663 / 9,478
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008114223NAL0013285762001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008114223NAL0013285762001, received 2025-10-08
Administrative expenses as a share of assets
0.222%
Higher than 94% of the 2,407 plans $250M to 1B that report it.
= $761,663 / $342,524,646
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008114223NAL0013285762001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008114223NAL0013285762001, received 2025-10-08
Employer contributions per participant
$618
Higher than 4% of the 2,457 plans $250M to 1B that report it.
= $5,855,328 / 9,478
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008114223NAL0013285762001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008114223NAL0013285762001, received 2025-10-08
Employer share of total contributions
16.4%
Higher than 8% of the 2,459 plans $250M to 1B that report it.
= $5,855,328 / $35,764,185
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008114223NAL0013285762001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008114223NAL0013285762001, 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 20251008114223NAL0013285762001, received 2025-10-08
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KELLY SERVICES, INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Plan name | KELLY RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Sponsor EIN / plan number | 38-1510762 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Sponsor location | TROY, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Industry (business code) | 561300, Administrative and support and waste management services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008114223NAL0013285762001, 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 20251008114223NAL0013285762001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Participants, beginning of year | 185,135 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Active participants | 142,508 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Participants, end of year | 147,070 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Participants with an account balance | 9,478 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Total assets, beginning of year | $311,643,168 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Total assets, end of year | $342,524,646 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Net assets, end of year | $342,524,646 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Total income | $74,443,071 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Net income | $30,745,965 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Employer contributions | $5,855,328 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Participant contributions | $25,851,315 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $4,057,542 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Total contributions | $35,764,185 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Benefit payments | $42,924,897 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $43,697,106 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Total administrative expenses | $761,663 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Recordkeeping fees | $515,722 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| IQPA audit fees | $33,325 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Investment advisory and management fees | $42,500 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Administrative expenses excluding investment management | $719,163 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Held in common/collective trusts | $232,873,919 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Held in mutual funds | $109,200,985 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008114223NAL0013285762001, received 2025-10-08 |
| Independent auditor | PLANTE & MORAN PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008114223NAL0013285762001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008114223NAL0013285762001, 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 | $515,722 | yes |
| PHOENIX INNOVATE | OTHER | 50 Direct payment from the plan | $132,095 | no |
| CAPTRUST | CONSULTANT | 50 Direct payment from the plan; 70 Consulting fees | $42,500 | no |
| THOMPSON HINE | OTHER | 50 Direct payment from the plan | $35,356 | 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 20251008114223NAL0013285762001, received 2025-10-08.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $311,643,168 | $342,524,646 | 9.9% |
| Participants with a balance | 9,430 | 9,478 | 0.5% |
| Administrative expenses | $662,630 | $761,663 | 14.9% |
| Recordkeeping fees per participant | $56.16 | $54.41 | -3.1% |
| Employer contributions | $5,937,339 | $5,855,328 | -1.4% |
Prior filing 20240929070223NAL0004541697001, received 2024-09-29; the plan years are contiguous.