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Industry · Form 5500 business code 561300
Employment Services: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 525 retirement plans in employment services with 100 or more participants filed Form 5500: 523 defined contribution and 2 defined benefit. They reported 1,950,898 participant records and $32.6B in net assets, counting every plan on the form.
The median defined contribution plan held $18,153 per participant, well below the national median of $53,031, and its employer put in $935 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $85.89 per participant against $123 nationally.
Employers contributed $948M and participants $3.02B during the year, and the plans paid out $3.70B in benefits.
In 2009 the same group numbered 503 plans with $4.41B; by 2024 it was 525 plans (up 4%) and $32.6B (up 639%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $18,153 | $53,031 | $250,133 | $86,234 |
| Employer contributions per active participant | $935 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $85.89 | $123 | $550 | $344 |
| Schedule C compensation, share of net assets | 0.51% | 0.26% | 0.37% | 0.42% |
| Administrative expenses per participant | $79.62 | $116 | $642 | $527 |
Medians across plans with 100 or more participants (492 DC and 2 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $8,587 | $18,153 | $31,878 | 492 |
| Employer contributions per active participant | $297 | $935 | $1,945 | 443 |
| Schedule C compensation per participant | $39.86 | $85.89 | $158 | 462 |
| Administrative expenses per participant | $36.30 | $79.62 | $161 | 483 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 68 | 246,629 | $4.89B | $133M | $332M | $17,527 | $76.95 |
| 2024 | 525 | 1,950,898 | $32.6B | $948M | $3.02B | $18,153 | $85.89 |
| 2023 | 531 | 1,958,635 | $27.1B | $885M | $2.92B | $16,269 | $72.96 |
| 2022 | 703 | 2,125,785 | $22.3B | $819M | $2.76B | $10,560 | $56.21 |
| 2021 | 663 | 1,938,084 | $24.0B | $608M | $2.12B | $12,773 | $59.54 |
| 2020 | 637 | 1,796,364 | $20.5B | $513M | $1.71B | $12,245 | $51.92 |
| 2019 | 605 | 1,551,850 | $16.7B | $477M | $1.50B | $12,287 | $50.38 |
| 2018 | 586 | 1,485,190 | $13.2B | $404M | $1.29B | $9,703 | $44.73 |
| 2017 | 575 | 1,206,830 | $11.0B | $335M | $990M | $10,292 | $44.68 |
| 2016 | 538 | 1,187,634 | $9.45B | $306M | $889M | $9,049 | $40.83 |
| 2015 | 511 | 1,116,042 | $8.25B | $290M | $817M | $8,782 | $36.23 |
| 2014 | 499 | 1,011,113 | $8.30B | $251M | $724M | $8,535 | $32.66 |
| 2013 | 483 | 860,433 | $7.93B | $240M | $672M | $8,868 | $25.59 |
| 2012 | 495 | 828,373 | $6.26B | $224M | $608M | $7,678 | $30.75 |
| 2011 | 495 | 832,403 | $5.59B | $211M | $579M | $7,030 | $31.87 |
| 2010 | 479 | 695,923 | $5.19B | $174M | $497M | $7,965 | $30.89 |
| 2009 | 503 | 604,561 | $4.41B | $163M | $480M | $7,225 | $31.44 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 530 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 530 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Allegis Group, Inc. Retirement Savings Plan Two | Allegis Group, Inc. | MD | DC | 178,774 | $289M | $1,614 | $1 | $5.31 |
| Kelly Retirement Savings Plan | Kelly Services, Inc. | MI | DC | 147,070 | $343M | $2,329 | $41 | $4.02 |
| Oasis Retirement Savings Plan | Oasis Outsourcing Holdings, Inc. and Its Affiliates | FL | DC | 116,682 | $2.13B | $18,224 | $840 | $75.97 |
| Coadvantage Corporation Retirement Savings Plan | Coadvantage Corporation | FL | DC | 84,855 | $1.23B | $14,536 | $585 | $52.70 |
| Aya Healthcare Services, Inc. 401(k) Plan | Aya Healthcare Services, Inc. | CA | DC | 63,406 | $583M | $9,194 | $548 | $34.00 |
| Amn Healthcare 401(k) Retirement Savings Plan | Amn Healthcare, Inc. | TX | DC | 51,897 | $445M | $8,583 | $110 | $12.11 |
| G & a Partners Multiple Employer 401(k) Plan | G & a Outsourcing, Inc. DBA G & a Partners | TX | DC | 47,029 | $1.40B | $29,782 | $1,876 | $141 |
| Allegis Group, Inc. Retirement Savings Plan One | Allegis Group, Inc. | MD | DC | 43,236 | $2.19B | $50,765 | $1,376 | $46.08 |
| Vensure Employer Services, Inc. 401(k) Profit Sharing Plan | Vensure Employer Services, Inc. | AZ | DC | 42,571 | $982M | $23,079 | $1,398 | $106 |
| Insight Global, LLC 401(k) Plan | Insight Global, LLC | GA | DC | 37,561 | $487M | $12,962 | $40 | $20.08 |
| Indeed Recruiting Solutions 401(k) Profit-Sharing Plan Trust | Indeed Flex, Inc. | TX | DC | 36,089 | $87K | $2 | $0 | $0.15 |
| Allegis Group, Inc. Retirement Savings Plan Three | Allegis Group, Inc. | MD | DC | 35,418 | $251M | $7,088 | $1 | $9.19 |
| Robert Half Inc. 401(k) Plan for Contract Talent and Full-Time Engagement Professionals | Robert Half Inc. | CA | DC | 34,616 | $173M | $5,003 | $0 | $10.70 |
| Magnit Global Solutions, Inc. and Subsidiaries 401(k) Employee Savings Plan | Magnit Global Solutions, Inc. | CA | DC | 33,950 | $484M | $14,263 | $87 | $57.88 |
| Adams Keegan Retirement Savings Plan | Adams Keegan Inc. | TN | DC | 30,254 | $550M | $18,194 | $707 | $30.54 |
| West Valley Staffing Group 401(k) Plan | West Valley Engineering, Inc. | CA | DC | 28,156 | $5.7M | $203 | — | $1.72 |
| Medical Solutions 401(k) Plan | Medical Solutions, L.L.C. | NE | DC | 27,153 | $496M | $18,275 | $1,016 | $24.31 |
| BG Staff Services Inc. Retirement Savings Plan | BG Staff Services, Inc. | TX | DC | 22,646 | $44.3M | $1,956 | $88 | $6.82 |
| Manpowergroup 401(k) Savings Plan | Manpowergroup Inc. | WI | DC | 22,637 | $686M | $30,309 | $394 | $51.45 |
| Cross Country Healthcare, Inc. 401(k) Plan | Cross Country Healthcare | FL | DC | 22,195 | $218M | $9,833 | $77 | $28.66 |
| Proservice Hawaii 401(k) Plan | Proservice Pacific, LLC DBA Proservice Hawaii | HI | DC | 18,512 | $413M | $22,286 | $1,177 | $105 |
| Questco Companies Retirement Plan | Questco Holdings, Inc. | TX | DC | 16,606 | $442M | $26,591 | $1,808 | $176 |
| Pesg, LLC 401(k) Plan | Pesg, LLC DBA, Professional Education Services Group, LLC | TN | DC | 16,393 | $22.5M | $1,374 | — | $66.81 |
| Extensis Group Retirement Savings Plan | Extensis Group, LLC | NJ | DC | 14,468 | $682M | $47,144 | $2,254 | $99.67 |
| Prestige Employee Administrators Retirement Savings Plan | Prestige Employee Administrators, Inc. | FL | DC | 14,215 | $558M | $39,287 | $1,203 | $74.60 |
| Decisionhr Retirement Savings Plan | Decisionhr, Inc. | FL | DC | 13,946 | $66.9M | $4,801 | $211 | $34.63 |
| Elwood Staffing Services, Inc. 401(k) Retirement Plan | Elwood Staffing Services, Inc. | IN | DC | 13,478 | $35.0M | $2,600 | $116 | $8.42 |
| The Connectme 401(k) Plan | Modern HR, Inc. | CA | DC | 13,470 | $108M | $8,025 | $238 | $31.04 |
| Employer Flexible 401(k) Plan | Employer Flexible | TX | DC | 13,349 | $215M | $16,105 | $862 | $119 |
| Intelycare, Inc. 401(k) Plan | Intelycare, Inc. | MA | DC | 13,315 | $12.4M | $928 | $97 | $6.37 |
| Frankcrum Retirement Savings Plan | Frankcrum 11, Inc. | FL | DC | 10,874 | $205M | $18,876 | $980 | $133 |
| Cortech, LLC 401(k) Plan | Cortech, LLC | GA | DC | 10,054 | $7.3M | $725 | $0 | $14.30 |
| Empower HR Retirement Savings Plan | Empower HR, LLC | AZ | DC | 9,928 | $114M | $11,517 | $415 | $108 |
| Paramount Staffing Perm, LLC 401(k) Plan | Paramount Staffing Perm, LLC | IL | DC | 9,479 | $3.2M | $340 | $17 | $2.05 |
| Enbridge Employee Services, Inc. Employees' Pension Plan | Enbridge Employee Services, Inc. | TX | DB | 9,402 | $1.10B | $117,153 | — | $761 |
| Soliant 401(k) Plan | Soliant Health, LLC | GA | DC | 9,390 | $44.2M | $4,704 | $172 | $19.81 |
| System One Holdings, LLC 401(k) Savings Plan | System One Holdings, LLC | PA | DC | 8,926 | $103M | $11,572 | $0 | $19.84 |
| CHG Companies, Inc. Employee 401(k) Plan | CHG Companies, Inc. | UT | DC | 8,887 | $513M | $57,773 | $2,101 | $53.66 |
| Enbridge Employee Services, Inc. Employees' Savings Plan | Enbridge Employee Services, Inc. | TX | DC | 8,793 | $2.08B | $236,143 | $5,755 | $72.33 |
| Ross Innovative Employment Solutions 401(k) Plan | Ross Innovative Employment Solutions | MI | DC | 8,734 | $67.2M | $7,689 | $1,079 | $38.28 |
By plan size
By state
Questions and answers
How many retirement plans are there in employment services?
525 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 903 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in employment services?
The median defined contribution plan reported $18,153 in net assets per participant (middle half of plans: $8,587 to $31,878); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in employment services?
The median defined contribution plan received $935 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in employment services?
Among defined contribution plans that report any Schedule C compensation, the median was $85.89 per participant and 0.51% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.