Plan Ledger DOL Form 5500 · updated monthly

Automatic Data Processing, Inc.401(k)

AUTOMATIC DATA PROCESSING, INC. RETIREMENT AND SAVINGS PLAN · ROSELAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Automatic Data Processing, Inc. reported $4,706,950 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $5,541 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 16th-largest of 2,419 plans among New Jersey employers on file, and the 15th of 2,199 in information & media. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,262,213,103
Participants with balances44,749
Active participants34,516
Employer contributions$191,237,493
Employee contributions$354,130,009
Employer contribution per active participant$5,541
Average account balance$162,288
Benefits paid to participants$538,282,020
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3B · 44,749 accts · $191.2M emplr
2023$6.3B · 46,060 accts · $184.1M emplr
2022$5.2B · 45,841 accts · $163.6M emplr
Administrative expenses, itemized · 2024
Investment management$4,162,712
Trustee / custodial$242,177
Total administrative$4,706,950
The Automatic Data Processing, Inc. 401(k) match · 2024
Employer contribution per active participant$5,541
Median for plans this size$5,259
2024$5,541 per active participant
2023$5,328 per active participant
2022$4,897 per active participant

Automatic Data Processing, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202412
AMERICAN CENTURY SMALL CAP$1,792,972
COLUMBIA MANAGEMENT INV ADVISERS$1,389,500
SEIX ADVISORS$274,438
NORTHERN TRUST COMPANY · Trustee (directed)$242,177
MERCER · Consulting$220,564
NORTHERN TRUST SHORT-TERM INVESTMEN$63,830
WINSTON AND STRAWN LLP · Legal$35,822
COHNREZNICK LLP · Accounting / audit$30,175
TELUS · Consulting$14,000
WELLINGTON TRUST COMPANY NAindirect comp
JP MORGAN CHASE NATIONAL · Investment management · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$4,706,950 · 0.07%
2023$4,383,061 · 0.08%
2022$4,841,014 · 0.09%
Same employer
Similar plansInformation & Media · New Jersey
Verizon Communications Inc. NJ$31.3B · 0.16%
Cox Enterprises, Inc. GA$8.1B · 0.07%
Lumen Technologies, Inc. LA$7.3B · 0.02%
Paramount Global NY$6.4B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221467904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.