Plan Snapshot
- Plan Sponsor: Automatic Data Processing, INC.
- Sponsor EIN: 221467904
- Sponsor Address: ONE ADP BOULEVARD, ROSELAND, NJ, 070681728
- Plan Type: DB
- Total Participants: 9,395
- Total Assets: $1.8B
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 | 9,395 | $1.8B | $0 | $0 |
| 2023 | 10,049 | $1.7B | $0 | $0 |
| 2022 | 10,502 | $1.6B | $0 | $0 |
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 |
|---|---|---|---|---|
| TELUS | Recordkeeper | $1,777,899 | — | $1,777,899 |
| MANNING AND NAPIER ADVISORS | Investment Advisor | $1,582,862 | — | $1,582,862 |
| NISA INVESTMENT ADVISORS | Investment Advisor | $487,882 | — | $487,882 |
| FIDELITY INSTITUTIONAL ASSET MGT | Investment Advisor | $470,020 | — | $470,020 |
| MERCER | Actuary | $348,909 | — | $348,909 |
| LOOMIS, SAYLES & CO., L.P. | Investment Advisor | $346,640 | — | $346,640 |
| NORTHERN TRUST COMPANY | Investment Advisor | $297,190 | — | $297,190 |
| WELLINGTON MANAGEMENT COMPANY LLP | Investment Advisor | $274,678 | — | $274,678 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $205,312 | — | $205,312 |
| ALLSPRING FUNDS | Investment Advisor | $105,318 | — | $105,318 |
| COHNREZNICK LLP | Investment Advisor | $45,455 | — | $45,455 |
| WINSTON AND STRAWN LLP | ERISA Attorney | $9,773 | — | $9,773 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANNING AND NAPIER ADVISORS — Investment Advisor
- COHNREZNICK LLP — Investment Advisor
- WINSTON AND STRAWN LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,951,938
- Estimated Expense Ratio: 0.340% 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 | $10,149,269 | $3,564,590 | $1,777,899 | — | — |
| 2023 | $10,935,230 | $10,935,230 | — | — | — |
| 2022 | $11,187,848 | $11,187,848 | — | — | — |