Plan Snapshot
- Plan Sponsor: Kelly Services, INC
- Sponsor EIN: 381510762
- Sponsor Address: 999 WEST BIG BEAVER ROAD, TROY, MI, 48084
- Plan Type: 401(k)
- Total Participants: 3,040
- Total Assets: $270.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,040 | $270.3M | $4.0M | $13.0M |
| 2023 | 3,355 | $254.1M | $3.9M | $13.2M |
| 2022 | 4,134 | $218.6M | $3.8M | $13.9M |
| 2019 | 3,757 | $221.3M | $0 | $0 |
| 2018 | 4,097 | $192.1M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PLANTE & MORAN PLLC | Auditor | $33,325 | — | $33,325 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,325
- Estimated Expense Ratio: 0.012% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $536,981 | $42,500 | — | $33,325 | — |
| 2023 | $642,103 | $31,875 | — | $30,668 | — |
| 2022 | $468,102 | — | — | — | — |
| 2019 | $301,000 | — | — | — | — |
| 2018 | $248,000 | — | — | — | — |