The ADP 401 (k) plan is ideal for companies either starting a 401 (k) plan for the first time or that have an existing 401 (k) plan but want more out of their plan
The program is a comprehensive package from initial plan design and enrollment through investment options, record keeping, and compliance testing. It bundles 401(k) investment, trustee services, and daily record keeping and administrative services into one cost-effective package that includes:
Seamless payroll integration
A flexible Internal Revenue Service approved prototype plan document
Compliance testing and government reporting
Trustee services provided by State Street Bank and Trust
Investment Policy Statement and online performance reports
Face-to-Face and web-based training
Customized enrollment materials
Plan Sponsor Call Center and website
Professional enrollment specialists
Automatic account rebalancing
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