Plan Snapshot
- Plan Sponsor: Adp Totalsource Group, INC.
- Sponsor EIN: 592452823
- Sponsor Address: 10200 SUNSET DR, MIAMI, FL, 33173
- Plan Type: 401(k)
- Total Participants: 299,514
- Total Assets: $9.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 299,514 | $9.2B | $379.6M | $988.2M |
| 2023 | 310,261 | $8.0B | $351.2M | $937.2M |
| 2022 | 308,867 | $6.7B | $333.4M | $896.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | Recordkeeper | $13,590,452 | — | $13,590,452 |
| ADP TOTALSOURCE | Recordkeeper | $6,941,248 | — | $6,941,248 |
| VOYA RETIREMENT ADVISORS, LLC | Investment Advisor | $4,388,386 | — | $4,388,386 |
| NFP RETIREMENT | Investment Advisor | $253,225 | — | $253,225 |
| ADVANCED TECH PLACEMENT, LLC. | Other Service Provider | $248,000 | — | $248,000 |
| PROSKAUER ROSE LLP | ERISA Attorney | $135,673 | — | $135,673 |
| CROWE LLP | Auditor | $106,605 | — | $106,605 |
| LEXISNEXIS | Other Service Provider | $5,400 | — | $5,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT — Investment Advisor
- PROSKAUER ROSE LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,668,989
- Estimated Expense Ratio: 0.279% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $25,675,615 | $4,641,611 | — | $106,605 | — |
| 2023 | $21,139,001 | $3,970,743 | — | $89,100 | — |
| 2022 | $28,348,948 | — | — | — | — |