Adecco, Inc. 401(k) Review & Grade
Lee Hecht Harrison 401(k) Plan
Jacksonville, FLProfessional, Scientific & Technical Services2,320 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$966Employer $ per active participant
$2,549Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$109.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity9.5 / 5019th percentile for employer $ per participant
- Low cost15.3 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving2.0 / 1513th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 61th |
| Employee saving | 13th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Adecco put in about $966 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,240,425 |
| Participant (employee) contributions | $5,914,067 |
| Other contributions (incl. rollovers in) | $548,152 |
| Administrative expenses paid from the plan | $166,254 |
| Contract administrator fees | $166,254 |
| Benefits paid out | $12,617,012 |
| Net assets, start / end of year | $98.8M / $109.4M |
| Active participants, start / end of year | 2,285 / 2,355 |
| Participants with account balances | 953 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Warren Averett LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $147,361 reported compensation |
| Warren Averett LLC Attn Attp | $14,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821115133NAL0004244033001, received 2025-08-21, EIN 75-2370177, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.