Kelly Services 401(k) Plan

Troy, Michigan

Kelly Services 401K plan details: employer match info, participant login access, withdrawal options, and full plan review. 2026 data with contacts,...

401(k) QualifiedMoney PurchaseTop EmployerMIAdministrative & Support Services
Overall Rating
3.3/5
255 ratings
Active Participants
145,634
Total Plan Assets
$616.6M
▲ 8.4% YoY
Avg. Balance per Participant
$4K
Number of Plans
3

Plan Analysis

Kelly Services, in the Administrative & Support Services sector and headquartered in Michigan, manages a 401(k) program with $616.6M in total plan assets across 145,634 active participants, established 32 years ago. Plan assets grew 8.4% year-over-year, reflecting solid investment returns and contributions. The average balance of $4K per participant may reflect a younger workforce or higher employee turnover. The employer contributed an average of $68 per active participant. Participants contributed an average of $268 each through employee deferrals. Distributions totaled $74.4M (12% of assets), reflecting normal retirement and separation activity. Kelly Services sponsors 3 retirement plans, providing employees with diverse savings options.

How Kelly Services Compares

Comparison against 284 employer 401(k) plans in our database

Metric Kelly Services Database Median Comparison
Avg. Balance per Participant $4K $140K ▼ 97% below median
Employer Contribution per Participant $68 $3K ▼ 98% below median
YoY Asset Growth 8.4% 12.9% ▼ Below median
Total Assets vs. Administrative & Support Services Sector $616.6M $649.1M ▬ Near sector median

Contact Information

Plan Sponsor

KELLY SERVICES, INC

(800) 376-4964

999 WEST BIG BEAVER ROAD, TROY, MI 48084

Filing Information

EIN: 38-1510762

Plan Effective Date: 1992-01-01

Source: DOL Form 5500 (Latest Filings)

Kelly Services Stock (ICE)

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2026 Contribution Limits for Kelly Services 401(k)

Category Limit Details
Employee Deferral $24,500 Standard elective deferral limit for all participants
Catch-Up (Age 50+) +$8,000 Additional contributions for participants age 50 and over (total: $32,500)
Super Catch-Up (Age 60-63) +$11,250 SECURE 2.0 enhanced catch-up for ages 60-63 (total: $35,750)
Total Annual Additions (415 Limit) $72,000 Maximum combined employee + employer contributions
Compensation Cap $350,000 Maximum compensation considered for contributions
Kelly Services Avg. Employee Deferral $268 1% of the $24,500 limit (based on latest Form 5500 filing)
Kelly Services Avg. Employer Contribution $68 Employer contributes $9.9M total across 145,634 participants

Kelly Services 401(k) Plan Details

Data from DOL Form 5500 (Latest Filings)

Plan Name Active Participants Total Assets Employer Contributions Participant Contributions 401(k)
KELLY RETIREMENT SAVINGS PLAN 142,508 $342.5M $5.9M $25.9M Yes
KELLY RETIREMENT PLUS 3,040 $270.3M $4.0M $13.0M Yes
KELLY RETIREMENT PLUS PLAN OF PUERTO RICO 86 $3.8M $65K $159K Yes

Plan Type Details

Primary Plan: KELLY RETIREMENT SAVINGS PLAN

Plan Types: DC (401(k)); DC (Money Purchase); DC (Target Benefit); DC (Other); Offset; DC (SIMPLE 401(k)); 457 Plan

Funded By: Trust

Financial Summary

MetricAmount
Total Assets (Beginning of Year)$569,110,763
Total Assets (End of Year)$616,649,753
Employer Contributions$9,905,102
Participant Contributions$39,039,448
Total Distributions$74,412,152
Total Income (Gains/Losses)$123,284,483
Total Expenses$75,745,493
Outstanding Participant Loans$65,010

Participant Breakdown

Active Participants
145,634
Total All Participants
151,635
Retired/Separated Receiving
213

Plan Review & Rating

Based on 255 plan data ratings and analysis

3.3
Match Generosity
3.2
Fund Options
3.5
Fees & Costs
3.6
Customer Service
3.6

Ratings are based on publicly available plan data, participant feedback, and industry benchmarks. Individual experience may vary. This is not financial advice. Data sourced from DOL Form 5500 filings.

People Also Ask About Kelly Services 401(k)

The Kelly Services 401(k) match competitiveness depends on the formula and vesting schedule. The plan shows $9.9M in total employer contributions across 145,634 participants ($68 per person). Compare it with industry averages where the typical employer match is between 3-6% of salary. Review the specific match percentage and vesting timeline with your HR department.

Vesting schedules determine when employer match contributions fully belong to you. Common schedules include immediate vesting, 3-year cliff vesting, or 6-year graded vesting. At Kelly Services, with $9.9M in annual employer contributions across the plan, understanding your vesting timeline is critical before considering a job change. Contact Kelly Services HR for the exact vesting schedule.

Withdrawals from your Kelly Services 401(k) are generally available after age 59½, upon separation from service, disability, or financial hardship. The plan processed $74.4M in distributions during the last filing year. Early withdrawals before age 59½ may be subject to a 10% penalty plus income taxes. The Rule of 55 allows penalty-free withdrawals if you leave Kelly Services at age 55 or older.

Yes, you can roll over your Kelly Services 401(k) to a Traditional IRA (for pre-tax funds) or Roth IRA (for Roth 401(k) funds). With an average balance of $4K per participant, a direct rollover avoids the mandatory 20% withholding that applies to indirect rollovers. Contact your plan administrator or the receiving IRA custodian to initiate the transfer.

Many Fortune 500 companies, including Kelly Services, have auto-enrollment features. With 145,634 active participants and $39.0M in annual employee deferrals, the plan demonstrates strong participation. Auto-enrollment typically starts at 3-6% of salary with annual escalation. You can opt out or change your contribution rate at any time through the plan provider portal.

Frequently Asked Questions

Kelly Services offers an employer match through their 401(k) plan. According to the filing, the plan received $9.9M in employer contributions alongside $39.0M in participant deferrals. The exact match formula may vary by plan and employment status. Contact Kelly Services HR or your plan administrator for the specific match formula applicable to your situation.

You can access your Kelly Services 401(k) account through the plan provider's participant portal. The plan serves 145,634 active participants. If you're a current or former employee, use the login link above or contact the plan administrator at the phone number listed on this page. First-time users will need to register using their Social Security number and date of birth.

For 2026, Kelly Services 401(k) participants can contribute up to $24,500 in employee deferrals. Participants aged 50+ can contribute an additional $8,000 in catch-up contributions (total $32,500). Those aged 60-63 can make super catch-up contributions of $11,250 (total $35,750). Currently, Kelly Services participants contribute an average of $268 per year in employee deferrals. Employer contributions are separate from these limits.

Many Kelly Services 401(k) plans offer loan provisions. As of the latest filing, Kelly Services participants had $65K in outstanding loans. The IRS limits 401(k) loans to the lesser of $50,000 or 50% of your vested balance. With an average account balance of $4K in the Kelly Services plan, the maximum potential loan amount for a fully vested participant would vary accordingly. Check with your plan administrator for specific loan terms.

When you leave Kelly Services, you have several options for your 401(k): keep it in the plan (if the balance is over $7,000), roll it over to a new employer's plan, roll it to an IRA, or take a cash distribution (subject to taxes and potential penalties). In the most recent filing year, the plan processed $74.4M in distributions to departing or retired participants. Employer match contributions may be subject to a vesting schedule.

According to the most recent Form 5500 filing, the Kelly Services 401(k) plan has 145,634 active participants managing $616.6M in plan assets. The average account balance is $4K per participant, and the plan was originally established on N/A.

Many major employers, including Kelly Services, offer both traditional pre-tax and Roth after-tax 401(k) contribution options. Given that Kelly Services participants average $268 in annual deferrals, choosing between Roth and traditional depends on whether you expect your tax bracket to be higher or lower in retirement. Contact the Kelly Services plan administrator for availability.

The Kelly Services 401(k) plan typically offers a range of investment options including target-date funds, index funds, actively managed funds, and potentially company stock. The plan generated $123.3M in total investment income during the last filing year. Log into your account to see current investment options and performance.

Kelly Services (ICE) may offer company stock as an investment option within the 401(k) plan. Be mindful of concentration risk — financial advisors typically recommend limiting company stock to no more than 10-15% of your portfolio, especially given that your employment income already depends on Kelly Services's performance.

Related Company 401(k) Plans

Disclaimer: Information on this page is sourced from public DOL Form 5500 filings and is provided for educational purposes only. This is not financial, tax, or investment advice. Plan details may have changed since the last filing. Always consult your plan administrator, HR department, or a qualified financial advisor for the most current information about your 401(k) plan. 401K.is is not affiliated with Kelly Services or their plan providers. Stock data for ICE is provided by Polygon.io and may be delayed.

Last updated: February 2026 | Data source: DOL Form 5500 (Latest Filings) | Filed: 2025-10-08