Who administers the ADP 401(k) plan?


Quick Answer

ADP administers the ADP 401(k) retirement plan. It offers services such as retirement readiness programs, proper management of clients’ investments and quick transfer plans. ADP also helps clients save time on complex procedures and avoid mistakes, reports ADP.

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Full Answer

The ADP 401(k) plan is customizable, allowing it to meet the individual needs of different companies. ADP does not sell mutual funds or insurance, so the firm has no conflict of interest with its retirement benefits. ADP offers a readiness program for potential retirees to build their confidence and help them understand the full potential of ADP 401(k) benefits, according to ADP.

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