Plan Ledger DOL Form 5500 · updated monthly

Manpowergroup Inc.401(k)

MANPOWERGROUP 401(K) SAVINGS PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Manpowergroup Inc. reported $1,288,772 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $394 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 5 years on file its reported administrative ratio rose from 0.05% to 0.20%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 52nd-largest of 1,936 plans among Wisconsin employers on file, and the 25th of 2,534 in administrative & support services. In 2024, employees put in $5.95 for every $1.00 the employer contributed; active participation has shrunk from 78,790 to 17,044 since 2019.

Plan summary
Net assets, end of year$686,110,445
Participants with balances11,121
Active participants17,044
Employer contributions$6,707,300
Employee contributions$39,879,217
Employer contribution per active participant$394
Average account balance$61,695
Benefits paid to participants$83,424,847
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history4
Yearassets · accounts · employer contribution
2024$686.1M · 11,121 accts · $6.7M emplr
2023$631.3M · 11,540 accts · $7.5M emplr
2022$553.4M · 12,723 accts · $8.6M emplr
2019$530.1M · 10,365 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$896,631
Investment management$180,015
Audit (IQPA)$27,750
Total administrative$1,288,772
The Manpowergroup Inc. 401(k) match · 2024
Employer contribution per active participant$394
Median for plans this size$4,294
2024$394 per active participant
2023$232 per active participant
2022$111 per active participant
2019$67 per active participant

Manpowergroup 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$180,015
KUTAK ROCK · Legal$124,076
SEGAL MARCO · Investment advisory (plan)$60,300
WIPFLI · Accounting / audit$27,750

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

Administrative cost history4
2024$1,288,772 · 0.20%
2023$1,294,329 · 0.22%
2022$1,469,633 · 0.24%
2019$254,450 · 0.05%
Same employer
Similar plansAdministrative & Support Services · Wisconsin
Athenahealth, Inc. MA$826.6M · 0.06%
Waste Connections, Inc. TX$799.3M · 0.16%
Abm Industries Incorporated NY$695.8M · 0.16%
Extensis Group, LLC NJ$682.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391672779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.