Plan Snapshot
- Plan Sponsor: Automatic Data Processing, INC.
- Sponsor EIN: 221467904
- Sponsor Address: ONE ADP BOULEVARD, ROSELAND, NJ, 070681728
- Plan Type: 401(k)
- Total Participants: 34,516
- Total Assets: $7.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 34,516 | $7.3B | $191.2M | $354.1M |
| 2023 | 34,557 | $6.3B | $184.1M | $339.5M |
| 2022 | 33,407 | $5.3B | $163.6M | $316.5M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $4,706,950 | $4,162,712 | — | — | — |
| 2023 | $4,383,061 | $4,383,061 | — | — | — |
| 2022 | $4,841,014 | $4,841,014 | — | — | — |