Plan Ledger DOL Form 5500 · updated monthly

Kforce Inc.401(k)

KFORCE 401(K) RETIREMENT SAVINGS PLAN · TAMPA, 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

Kforce Inc. reported $379,965 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $134 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 0.18% 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 134th-largest of 3,644 plans among Florida employers on file, and the 601st of 11,654 in professional & technical services. In 2024, employees put in $14.33 for every $1.00 the employer contributed; active participation has grown from 10,135 to 13,615 since 2022.

Plan summary
Net assets, end of year$282,781,691
Participants with balances5,412
Active participants13,615
Employer contributions$1,817,919
Employee contributions$26,059,455
Employer contribution per active participant$134
Average account balance$52,251
Benefits paid to participants$35,180,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$282.8M · 5,412 accts · $1.8M emplr
2023$250.3M · 4,788 accts · $1.6M emplr
2022$209.4M · 4,976 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$235,232
Investment management$107,576
Audit (IQPA)$27,600
Total administrative$379,965
The Kforce Inc. 401(k) match · 2024
Employer contribution per active participant$134
Median for plans this size$4,294
2024$134 per active participant
2023$199 per active participant
2022$176 per active participant

Kforce 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$234,714
MMA SECURITIES LLC · Investment advisory (plan)$117,475
WARREN AVERETT LLC · Accounting / audit$20,100
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$25

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Kforce Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$379,965 · 0.14%
2023$384,974 · 0.17%
2022$405,847 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Florida
Akerman LLP FL$452.3M
Trinet USA, Inc. FL$451.2M · 0.07%
Rs&H, Inc. FL$335.5M · 0.12%
Carlton Fields, P.A. FL$315.7M · 0.06%
Opko Health, Inc. FL$225.1M · 0.20%
Grayrobinson, P.A. FL$221.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593264661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.