Retirement services & planning

Make administration easy, keep employees engaged

Retirement plans work best when personal data informs decision-making. ADP’s proactive approach delivers everything you need to manage your plan and help employees meet their goals.

  • Seamless Connections
    Integrate with payroll to make recordkeeping easy and accurate

  • Flexible options
    Make choices that are right for your business today and tomorrow

  • Personalized Insights
    Empower employees with personalized insights and smart tools for planning and saving

  • Rock-solid security
    Sleep easy, 800,000 businesses trust ADP and have for over 70 years

Advanced technology, proactive service, and plenty of investment options

You want options.
We have them – from our screened investment tiers to our Open Architecture with over 13,000 funds.

You want smart tools.
A leader in innovative and easy-to-use technologies, ADP helps you by reducing administrative tasks, managing compliance, and flagging issues before they become problems.

ADP® Retirement Services Capabilities

60% of workers consider retirement plans a “must-have” benefit.1 See how ADP can help you create a plan that both attracts top talent and is easy to manage.

Not sure which plan is best for your business? We can help

With ADP Retirement Services, you’ll get a team of experienced retirement professionals who are ready to help you evaluate your options:

401(k) plans and investment choices

A 401(k) is a qualified profit-sharing plan that allows employees to contribute a portion of their wages to an individual account. You can also contribute to employees’ accounts — this is often done through a match of what an employee contributes.

If you choose a 401(k) plan, you’ll need to decide which investment options your employee can choose to invest in. Whether your advisor is providing investment advisory services or you are considering hiring a third party for this support, ADP can accommodate either approach.2

Get even more details about 401(k) plans.

SIMPLE IRA options for small businesses

Both employees and employers can contribute to a SIMPLE IRA (Savings Incentive Match Plan for Employees). Employee contributions are tax-deferred and employers must make either a matching contribution or a nonelective contribution.

This type of plan can be an attractive option for small businesses since it requires:

  • Less paperwork than a 401(k) plan
  • Fewer compliance burdens
  • No minimum participation

Administrative fees can be as little as $480, and you may qualify for a tax credit for start-up administrative costs. Plus, you can deduct annual employer contributions to the plan as a business expense.3

For more information about SIMPLE IRAs, contact us.

SEP IRA options for self-employed individuals and small business owners

If you are self-employed or a small business owner, you can make tax-deferred and tax-deductible employer contributions to a SEP-IRA plan for each employee.

SEP IRAs provide key benefits to business owners:

  • Contribution amounts are flexible
  • Contribution limits are higher than a traditional IRA
  • Contributions are deductible from the employer's income
  • No compliance filings are required

To learn more about SEP IRAs, contact us.

Get your employees engaged, informed, and ready for life's financial challenges

About 50 percent of employees save less than $5,000 per year for their retirement.4 When employees understand their retirement plan benefits, they’re more likely to enroll and use those benefits to their full potential.

Get your employees on the right path to retirement with helpful tools and resources, including:

  • An award-winning employee education program and a team of licensed retirement counselors to help your employees get ready for retirement
  • A Financial Wellness website6 to help employees plan for life’s financial challenges
  • A Health Care Cost Projector7 to help them calculate possible future healthcare expenditures
  • A targeted mobile-phone messenger that provides important retirement information to employees, and helps them develop better retirement savings habits

With 2 in 3 employees claiming their benefits package helps reduce financial stress5, our award winning participant materials, and retirement calculators and tools will be appreciated.

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Resources and insights

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Video: How Financial Wellness Programs Can Improve Employee Engagement and Retention

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State-mandated retirement plans

*The views expressed herein are the speaker's own. Not all clients will experience the same results. ADP has not compensated any clients for the included testimonials.

  1. 17th Annual U.S. Employee Benefit Trends Study — MetLife, October 2018.
  2. ADP, Inc. and its affiliates do not endorse or recommend specific investment companies or products, financial advisors or service providers or engage or compensate any financial advisors for the provision of advice to plans or participants. In assembling and presenting its investment platforms, ADP is not undertaking to provide impartial investment advice or to give advice in a fiduciary capacity.
  3. Please consult your tax advisor to determine if you are eligible for this federal tax credit.
  4. The State of Employee Retirement readiness - Retirement Insights, LLC, January 2019.
  5. 17th Annual U.S. Employee Benefit Trends Study - MetLife, October 2018.
  6. Unless otherwise indicated, educational videos, articles and tools are provided by and are the property of DST Systems, Inc. All other videos, articles and tools are the properties of the third parties named therein. The videos, articles, calculators and tools are for general information only and are not intended to provide financial, investment, tax or legal advice or recommendations, nor are they the sole authority on any regulation, law or ruling. ADP is not responsible for the accuracy and/or content of such materials.
  7. The Retirement Health Care Costs Projector (RHCCP) is the property of HealthView Services, Inc. and is provided for educational purposes only. Cost projections and other information generated by the RHCCP are estimates, hypothetical in nature, dependent upon the quality of input data as well as certain assumptions, and are not guarantees of future results. Actual health care costs will likely vary (sometimes significantly) from the estimate. ADP cannot guarantee or assure a plan participant’s ability to meet any of their goals or that any hypothetical results actually will occur; has not verified or confirmed the accuracy of these guidelines, assumptions or estimated costs; and does not provide health care advice, products or services. Nothing expressly contained or implied on ADP’s participant website or in any RHCCP estimate is intended or shall be construed as medical or other professional advice by ADP. For specific medical advice, diagnosis and treatment, participants should contact their personal physician. Participants should consult with their tax advisor or financial professional and not rely on the RHCCP as the primary basis for their investment, financial, or tax planning decisions.

SIMPLE IRA and SEP are offered through ADP Broker-Dealer, Inc. (ADPBD), Member FINRA, an affiliate of ADP, Inc, One ADP Blvd, Roseland, NJ 07068. Only registered representatives of ADPBD may offer and sell such retirement products and services or speak to retirement plan features and/or investment options available in any ADP retirement product. Unless otherwise agreed in writing with a client, ADP, Inc. and its affiliates (ADP) do not endorse or recommend specific investment companies or products, financial advisors or service providers; engage or compensate any financial advisor or firm for the provision of advice; offer financial, investment, tax or legal advice or management services; or serve in a fiduciary capacity with respect to retirement plans.

Unless otherwise disclosed or agreed to in writing with a client, ADP, Inc. and its affiliates (ADP) do not endorse or recommend specific investment companies or products, financial advisors or service providers; engage or compensate any financial advisor or firm for the provision of advice; offer financial, investment, tax or legal advice or management services; or serve in a fiduciary capacity with respect to retirement plans. Investment options are available through the applicable entity(ies) for each retirement product. Investment options in the “ADP Direct Products” are available through either ADP Broker-Dealer, Inc. (ADP BD), Member FINRA, an affiliate of ADP, Inc., One ADP Blvd, Roseland, NJ (ADP BD) or (in the case of certain investments) ADP, Inc. Only licensed representatives of ADP BD or, in the case of certain products, of a broker-dealer firm that has executed a marketing agreement with ADP, Inc. may offer and sell ADP retirement products or speak to retirement plan features and/or investment options available in any ADP retirement product and only associated persons of ADP Strategic Plan Services, LLC (SPS) may speak to any investment management or advisory services provided by SPS or any third party in connection with such ADP retirement products. SPS is a SEC Registered Investment Adviser. Registration does not imply a certain level of skill or services. Nothing in these materials is intended to be, nor should be construed as, advice or a recommendation for a particular situation or plan. Registered representatives of ADP Broker-Dealer, Inc. do not offer investment, tax or legal advice to individuals. Please consult with your own advisors for such advice. ADPBD-20190620-0811.