Introduction
ADP Retirement Services
www.adp.com/401kAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #19 | $78,552 | |||
401(k) | $68,787 | |||
403(b) | $175 | |||
457 | $7 | |||
NQDC | $8,608 | |||
All Other | $975 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #18 | 1,827,884 | |||
<$10MM | 1,262,638 | |||
$10MM – $50MM | 287,040 | |||
>$50MM – $200MM | 77,499 | |||
>$200MM – $1BMM | 63,913 | |||
>$1B | 136,794 |
Service Offerings | |
---|---|
New client restrictions | No Taft Hartley or ESOP plans |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 6 |
Will act as §3(16) fiduciary | Yes - via third party |
Participant Services | |
---|---|
Call center hours | Weekdays: 8 a.m. - 9 p.m. ET |
Online chat support | No |
Mobile app | Yes |
Managed account options | Financial Engines; GuidedChoice |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | Yes |
Offers in-plan guaranteed retirement income products | No |
Offers out-of-plan annuity bidding service | Yes |
Recordkeeping Platform FIS Omni / Relius |
---|