Plan Snapshot
- Plan Sponsor: Adp Totalsource, INC.
- Sponsor EIN: 593216484
- Sponsor Address: 10200 SUNSET DRIVE, MIAMI, FL, 331733033
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 530,781
- Total Assets: $63.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 530,781 | $63.1M | $3.9B | $1.3B |
| 2023 | 0 | $0 | $0 | $0 |
| 2022 | 531,639 | $43.8M | $3.5B | $1.2B |
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 |
|---|---|---|---|---|
| GBS SPECIALTY MARKETS LLC | Other Service Provider | $21,794,579 | — | $21,794,579 |
| TRUE BENEFIT LLC | Other Service Provider | $20,614,090 | — | $20,614,090 |
| ADP TOTALSOURCE, INC | Recordkeeper | $12,997,661 | — | $12,997,661 |
| MILLIMAN | Recordkeeper | $5,500,008 | — | $5,500,008 |
| ADVANCED TECH PLACEMENT | Other Service Provider | $5,078,480 | — | $5,078,480 |
| AGM TECH SOLUTIONS LLC | Other Service Provider | $2,916,053 | — | $2,916,053 |
| HEALTH ADVOCATE SOLUTIONS INC | Other Service Provider | $2,048,788 | — | $2,048,788 |
| CSI COMPANIES INC | Other Service Provider | $1,458,035 | — | $1,458,035 |
| OPTUMINSIGHT INC. | Other Service Provider | $939,943 | — | $939,943 |
| RR DONNELLEY INC | Other Service Provider | $414,211 | — | $414,211 |
| SUNDAYSKY INC. | Other Service Provider | $398,100 | — | $398,100 |
| CROWE HORWATH LLP | Other Service Provider | $136,403 | — | $136,403 |
| PROSKAUER ROSE LLP | Other Service Provider | $93,214 | — | $93,214 |
| DELOITTE TAX LLP | Other Service Provider | $26,555 | — | $26,555 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,416,120
- Estimated Expense Ratio: 117.961% 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 | $70,520,525 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $59,847,470 | — | — | — | — |