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 |
|---|---|---|---|---|
| AMERICAN CENTURY SMALL CAP | Investment Advisor | $1,792,972 | — | $1,792,972 |
| WELLINGTON TRUST COMPANY NA | Investment Advisor | — | $1,568,883 | $1,568,883 |
| COLUMBIA MANAGEMENT INV ADVISERS | Investment Advisor | $1,389,500 | — | $1,389,500 |
| FIDELITY INSTITUTIONAL ASSET MGT | Investment Advisor | $641,972 | — | $641,972 |
| SEIX ADVISORS | Investment Advisor | $274,438 | — | $274,438 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $242,177 | — | $242,177 |
| MERCER | Other Service Provider | $220,564 | — | $220,564 |
| NORTHERN TRUST SHORT-TERM INVESTMEN | Investment Advisor | $63,830 | — | $63,830 |
| WINSTON AND STRAWN LLP | ERISA Attorney | $35,822 | — | $35,822 |
| COHNREZNICK LLP | Investment Advisor | $30,175 | — | $30,175 |
| TELUS | Other Service Provider | $14,000 | — | $14,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WINSTON AND STRAWN LLP — ERISA Attorney
- COHNREZNICK LLP — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,274,333
- Estimated Expense Ratio: 0.086% 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 | $4,706,950 | $4,162,712 | — | — | — |
| 2023 | $4,383,061 | $4,383,061 | — | — | — |
| 2022 | $4,841,014 | $4,841,014 | — | — | — |