Retirement plan

AUTOMATIC DATA PROCESSING, INC. RETIREMENT AND SAVINGS PLAN

Name: AUTOMATIC DATA PROCESSING, INC. - AUTOMATIC DATA PROCESSING, INC. RETIREMENT AND SAVINGS PLAN (2020) Form 5500
Creator: AUTOMATIC DATA PROCESSING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUTOMATIC DATA PROCESSING, INC. RETIREMENT AND SAVINGS PLAN, AUTOMATIC DATA PROCESSING, INC.

AUTOMATIC DATA PROCESSING, INC.EIN 22-1467904Plan #002PY 2020

ONE ADP BOULEVARD, MAIL STOP 433 - ROSELAND, NJ 070681728973-974-5000LinkedIn1-10 employeesmotion pictures and film

Other plans on this EIN

1 filing

#001Retirement-$2.05B assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 18, 2001 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$5276M

+15.6% from 2019

Total participants

44,357

-1.9% from 2019

Average account balance

$122,110

+17.5% from 2019

Annual return

15.33%

-8.23 pp from 2019

Benchmarks

See 36 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants>=10,000

Cohort36 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$7.26B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$162K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

44,749

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$545.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.66%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$105

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
NORTHERN TRUST COMPANY6+ years Filed as: NORTHERN TRUST Service code 49 · EIN 36-3608252	Other Services	$738,859
FIDELITY INVESTMENTS INSTITUTIONAL5 years Filed as: FIDELITY INSTITUTIONAL ASSET MGT Service code 28 · EIN 04-3532603	Investment Management	$547,713
RIDGEWORTH6+ years Filed as: SEIX ADVISORS Service code 28 · EIN 13-3673813	Investment Management	$354,043
MERCER6+ years Service code 16 · EIN 61-0736136	Consulting	$217,324
WINSTON & STRAWN LLP3 years Filed as: WINSTON AND STRAWN LLP Service code 29 · EIN 36-1975990	Legal	$79,967
COLUMBIA2 years Filed as: COLUMBIA MANAGEMENT INV ADVISERS Service code 28 · EIN 41-1533211	Investment Management	$54,672
COHNREZNICK LLP6+ years Service code 10 · EIN 22-1478099	Accounting	$25,367
QDRO CONSULTANTS COMPANY, LLC5 years Filed as: QDRO CONSULTANTS CO LLC Service code 16 · EIN 34-1820650	Consulting	$6,050
AMERICAN CENTURY6+ years Service code 28 · EIN 44-0640487	Investment Management	$0
MORGAN STANLEY SMITH BARNEY6+ years Filed as: JP MORGAN Service code 19 · EIN 13-4994650	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J2K2S2T3H3J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3J
U.S.-based Puerto Rico dual-qualified plan
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5.0M

$162 / participant

Investment mgmt$5M100.0%

% of EOY assets

0.095%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,110

$139,618-12.5%

$100,516+21.5%

$106,222+15.0%

Participation rate

96.3%

83.2%+13.1pp

79.4%+16.9pp

70.8%+25.5pp

Annual return

15.33%

22.24%-6.9pp

30.89%-15.6pp

21.69%-6.4pp

Employer contribution / active EE

$4,234

$3,379+25.3%

$3,418+23.9%

$2,723+55.5%

Participant deferral / active EE

$7,597

$8,459-10.2%

$6,270+21.2%

$4,600+65.1%

Admin fee / account holder

$116

$91+27.2%

$8,081-98.6%

$78+47.4%

Provider

Service type

Compensation

NORTHERN TRUST COMPANY6+ years

Filed as: NORTHERN TRUST

Service code 49 · EIN 36-3608252

Other Services

$738,859

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Filed as: FIDELITY INSTITUTIONAL ASSET MGT

Service code 28 · EIN 04-3532603

Investment Management

$547,713

RIDGEWORTH6+ years

Filed as: SEIX ADVISORS

Service code 28 · EIN 13-3673813

Investment Management

$354,043

MERCER6+ years

Service code 16 · EIN 61-0736136

Consulting

$217,324

WINSTON & STRAWN LLP3 years

Filed as: WINSTON AND STRAWN LLP

Service code 29 · EIN 36-1975990

Legal

$79,967

COLUMBIA2 years

Filed as: COLUMBIA MANAGEMENT INV ADVISERS

Service code 28 · EIN 41-1533211

Investment Management

$54,672

COHNREZNICK LLP6+ years

Service code 10 · EIN 22-1478099

Accounting

$25,367

QDRO CONSULTANTS COMPANY, LLC5 years

Filed as: QDRO CONSULTANTS CO LLC

Service code 16 · EIN 34-1820650

Consulting

$6,050

AMERICAN CENTURY6+ years

Service code 28 · EIN 44-0640487

Investment Management

MORGAN STANLEY SMITH BARNEY6+ years

Filed as: JP MORGAN

Service code 19 · EIN 13-4994650

Securities Custodian

AUTOMATIC DATA PROCESSING, INC. RETIREMENT AND SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUTOMATIC DATA PROCESSING, INC. RETIREMENT AND SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion