Plan Ledger DOL Form 5500 · updated monthly

Adecco, Inc.401(k)

THE ADECCO GROUP 401(K) PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.14%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Adecco, Inc. reported $1,183,447 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $106 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.29% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 54th-largest of 3,644 plans among Florida employers on file, and the 203rd of 11,654 in professional & technical services. In 2024, employees put in $5.18 for every $1.00 the employer contributed; active participation has grown from 17,038 to 64,616 since 2022.

Plan summary
Net assets, end of year$874,356,743
Participants with balances11,202
Active participants64,616
Employer contributions$6,822,683
Employee contributions$35,340,560
Employer contribution per active participant$106
Average account balance$78,054
Benefits paid to participants$101,700,207
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$874.4M · 11,202 accts · $6.8M emplr
2023$799.5M · 11,748 accts · $7.3M emplr
2022$608.8M · 11,744 accts · $12.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$962,087
Total administrative$1,183,447
The Adecco, Inc. 401(k) match · 2024
Employer contribution per active participant$106
Median for plans this size$4,294
2024$106 per active participant
2023$725 per active participant
2022$737 per active participant

Adecco, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$989,386
GALLAGHER BENEFIT SERVICES, INC. · Consulting$130,702
MARSH & MCLENNAN AGENCY LLC · Consulting$24,500
WARREN AVERETT LLC · Consulting$22,750
SMITH GAMBRELL · Legal$16,109

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,183,447 · 0.14%
2023$1,162,744 · 0.17%
2022$1,158,450 · 0.29%
All plans at this employer4
ADECCO, INC. ASSOCIATES 401(K) PLAN401(k)
ADECCO, INC. SPECIALTY BRANDS 401(K) PLAN401(k)
LEE HECHT HARRISON 401(K) PLAN401(k)
THE ADECCO GROUP 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 752370177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.