ADP Retirement Services

Third-Party Administrator

Roseland, NJ

About ADP Retirement Services

<p>Retirement plan administration is the focus at ADP Retirement Services, a division of Automatic Data Processing, Inc. Founded in 1949, the firm works with employers on the day-to-day work of running workplace retirement plans, with an emphasis on process, documentation, and ongoing plan support.</p> <p>ADP Retirement Services is based in northern New Jersey, with headquarters locations in Roseland and Florham Park in the New York City metro area. From this base, it supports organizations across a range of industries that need help setting up, maintaining, and operating employer-sponsored retirement plans.</p> <p>As an administrator, ADP Retirement Services handles recordkeeping and compliance tasks tied to plan operations. It also takes on fiduciary roles as a 3(16) administrator and 3(38) investment manager, and offers participant advice. A key differentiator is the ability to combine administration, recordkeeping, and fiduciary support under one provider for employers that want fewer handoffs.</p> <ul> <li>3(16) plan administration</li> <li>3(38) investment management</li> <li>Recordkeeping</li> <li>Compliance support</li> <li>Plan design and participant advice</li> </ul>

Website: https://www.adp.com/what-we-offer/benefits/retirement.aspx

Founded: 1949

Office Locations

  • Roseland, NJ (Headquarters)
  • Florham Park, NJ (Headquarters)
  • Florham Park, NJ

Accreditations & Certifications

  • Other

Services Offered

  • 3(16) Plan Administrator
  • 3(38) Investment Manager
  • Compliance Services
  • Participant Investment Advice
  • Plan Design Consulting
  • Recordkeeping

Products & Pricing

  • Standard: $325 base fee, $5/employee, $3,000 setup fee