Plan Ledger DOL Form 5500 · updated monthly

Kelly Management Corp401(k)

KELLY MANAGEMENT CORPORATION TAX-ADVANTAGED CAPITAL ACCUMULATION PLAN · EMMAUS, PA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Kelly Management Corp reported $39,602 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,091 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 rose from 0.17% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,483rd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,380th of 5,215 in retail trade. In 2024, employees put in $3.27 for every $1.00 the employer contributed; active participation has grown from 432 to 523 since 2022.

Plan summary
Net assets, end of year$21,389,748
Participants with balances533
Active participants523
Employer contributions$570,434
Employee contributions$1,863,443
Employer contribution per active participant$1,091
Average account balance$40,131
Benefits paid to participants$2,440,892
Plan auditUnmodified (clean) audit opinion
AuditorL F TORNETTA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 533 accts · $570K emplr
2023$18.8M · 461 accts · $596K emplr
2022$15.7M · 460 accts · $637K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,572
Investment management$3,213
Audit (IQPA)$17,500
Total administrative$39,602
The Kelly Management Corp 401(k) match · 2024
Employer contribution per active participant$1,091
Median for plans this size$2,416
2024$1,091 per active participant
2023$1,429 per active participant
2022$1,476 per active participant

Kelly Management Corp's 2024 employer contribution ran below the $2,416 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 · 20242
L F TORNETTA LLC · Accounting / audit$17,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,572

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$39,602 · 0.20%
2023$29,067 · 0.17%
2022$27,603 · 0.17%
Similar plansRetail Trade · Pennsylvania
Preston Management, Inc. PA$22.2M · 0.56%
Paul B. Zimmerman, Inc. PA$21.7M · 0.28%
Williams Oil Company, Inc. PA$21.5M · 0.44%
Turn 5, Inc PA$21.0M · 0.43%
Rutter's PA$20.3M · 0.41%
Smail Company, Inc. PA$20.3M · 0.36%
Reedman-Toll, L.P. PA$20.2M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 591479869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.