Kelly Services 401(k) match, vesting and fees
What Kelly Services' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Plante & Moran PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 39 defined-contribution plans in administrative, support and waste management services with 5,000 to 9,999 participants.
| Kelly Services: employer contribution per participant | $618 | |
| Peer median | $1,648 |
| Kelly Services: average balance | $36,139 | |
| Peer median | $40,703 |
| Kelly Services: admin expenses ÷ assets | 0.23% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $313M at the end of plan year 2021 to $343M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 147,070 | $343M | $5.9M | $618 | 0.23% | Not published | Form 5500 ↗ |
| 2023 | 185,135 | $312M | $5.9M | $630 | 0.23% | Not published | Form 5500 ↗ |
| 2022 | 160,943 | $265M | $6.8M | $724 | 0.25% | Not published | Form 5500 ↗ |
| 2021 | 142,691 | $313M | $9M | $801 | 0.26% | Not published | Form 5500 ↗ |
Other Kelly Services plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Kelly Retirement Plus
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Plante & Moran PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Kelly Retirement Plus Plan of Puerto Rico
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Common questions
Does Kelly Services match 401(k) contributions?
The match terms for the Kelly Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $5.9M in employer contributions, about $618 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Kelly Services 401(k) match vested?
The vesting schedule for the Kelly Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Kelly Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Kelly Services, Inc.
I left Kelly Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Kelly Services, Inc, (800) 376-4964) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Kelly Services old 401(k) page lists the contacts from every plan filing. Find an old Kelly Services 401(k)
Data from the public Form 5500 annual reports Kelly Services filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Kelly Services. Not financial advice. Report a correction · Methodology