New Jersey › Information › 25,000 or more participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Automatic Data Processing Inc. Pension Retirement Plan
Sponsored by Automatic Data Processing, Inc., Roseland, NJ
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Automatic Data Processing Inc. Pension Retirement Plan is a cash balance pension plan sponsored by Automatic Data Processing, Inc. of Roseland, New Jersey. For the plan year ending 31 Dec 2024 it reported 40,486 participants, 9,395 of them active, and net assets of $1.75B.
Net assets came to $43,182 per participant, well below the $88,040 median for defined benefit plans with 25,000 or more participants and well below the $76,035 median for defined benefit plans in information. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 12 service provider organisations paid $5,000 or more, with reported compensation of $6.0M: $147 per participant, close to the same-size median of $143. Administrative expenses charged to the plan were $10.1M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $1.08B in 2009 to $1.75B in 2024 (up 61%), and participants from 46,909 to 40,486 (down 14%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $43,182 | $88,040 | $76,035 | $86,221 |
| Employer contributions per active participant | — | $6,524 | $7,015 | $10,244 |
| Schedule C compensation per participant | $147 | $143 | $354 | $344 |
| Schedule C compensation, share of net assets | 0.34% | 0.26% | 0.46% | 0.42% |
| Administrative expenses per participant | $251 | $306 | $671 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 25,000 or more participants (215 plans), information (147) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 40,486 | $1.75B | $43,182 | — | — | $6.0M |
| 2023 | 41,544 | $1.74B | $41,922 | — | — | $6.9M |
| 2022 | 42,338 | $1.59B | $37,496 | — | — | $7.4M |
| 2021 | 43,439 | $2.14B | $49,281 | — | — | $8.7M |
| 2020 | 44,301 | $2.04B | $46,136 | — | — | $8.0M |
| 2019 | 45,179 | $1.83B | $40,404 | — | — | $8.8M |
| 2018 | 46,359 | $1.65B | $35,680 | — | — | $9.8M |
| 2017 | 49,002 | $2.11B | $43,118 | — | — | $8.5M |
| 2016 | 50,546 | $1.84B | $36,375 | — | — | $8.1M |
| 2015 | 53,292 | $1.80B | $33,744 | — | — | $7.4M |
| 2014 | 57,629 | $1.88B | $32,694 | — | — | $6.2M |
| 2013 | 52,018 | $1.78B | $34,151 | $0 | — | $4.5M |
| 2012 | 50,499 | $1.64B | $32,394 | $75.0M | — | $1.7M |
| 2011 | 48,408 | $1.43B | $29,453 | $125M | — | $1.1M |
| 2010 | 47,188 | $1.26B | $26,776 | $75.0M | — | $1.1M |
| 2009 | 46,909 | $1.08B | $23,081 | $150M | — | $847K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$1,741,590,720
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$99,601,698
- Benefits paid$82,791,928
- Administrative expenses$10,149,269
- Total expenses$92,941,197
- Net income$6,660,501
- Net transfers$0
- Net assets, end of year$1,748,251,221
Participants
- Active participants9,395
- Retired or separated, receiving benefits7,526
- Retired or separated, entitled to future benefits22,629
- Total participants, end of year40,486
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Telus | Plan Administrator | $1,777,899 | $0 |
| Manning and Napier Advisors | Investment management fees paid directly by plan | $1,582,862 | $0 |
| Nisa Investment Advisors | Investment management fees paid directly by plan | $487,882 | $0 |
| Fidelity Institutional Asset MGT | Investment management fees paid directly by plan | $470,020 | $0 |
| Mercer | Actuarial; Consulting (pension) | $348,909 | $0 |
| Loomis, Sayles & Co., L.P. | Investment management fees paid directly by plan | $346,640 | $0 |
| Northern Trust Company | Investment management fees paid directly by plan | $297,190 | $0 |
| Wellington Management Company LLP | Investment management fees paid directly by plan | $274,678 | $0 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | $205,312 | $0 |
| Allspring Funds | Investment management fees paid directly by plan | $105,318 | $0 |
| Cohnreznick LLP | Accounting (including auditing) | $45,455 | $0 |
| Winston and Strawn LLP | Legal | $9,773 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$4,242,786
- Investment advisory and management fees$3,564,590
- Contract administrator fees$1,777,899
- Actuarial fees$348,909
- Trustee and custodial fees$205,312
- Legal fees$9,773
- Total administrative expenses$10,149,269
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$1.01B · 57.7%
- Corporate debt instruments$684M · 39.0%
- U.S. Government securities$33.8M · 1.9%
- Receivables$8.6M · 0.5%
- Cash (interest and non-interest bearing)$8.3M · 0.5%
- Other investments$6.4M · 0.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCohnreznick LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $300,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1CCash balance or similar plan1IFrozen plan3JU.S.-based plan that covers residents of Puerto Rico and is qualified under both codes
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 518210: Data Processing, Hosting, & Related Services.
Other plans of Automatic Data Processing, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Automatic Data Processing, Inc. Retirement and Savings Plan | 46,258 | $7.26B |
Similar plans in New Jersey
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Verizon Pension Plan for Associates | Verizon Communications Inc. | 37,982 | $5.70B | $149,957 |
| Verizon Management Pension Plan | Verizon Corporate Services Group Inc. | 34,802 | $1.64B | $47,157 |
| Avaya Pension Plan | Avaya LLC | 5,638 | $625M | $110,805 |
| Production Service and Sales District Council Pension | Board of Trustees Production Service and Sales District Council | 3,848 | $2.4M | $635 |
| Employees' Retirement Plan of John Wiley & Sons,inc. | John Wiley & Sons,inc. | 2,712 | $174M | $64,220 |
| Pearson Inc. Pension Plan | Pearson Education, Inc. | 1,821 | $65.3M | $35,879 |
Defined benefit plans in information closest in size.
Questions and answers
How big is Automatic Data Processing Inc. Pension Retirement Plan?
40,486 participants at the end of the plan year ending 31 Dec 2024, of whom 9,395 were active employees, with net assets of $1,748,251,221. Among defined benefit plans that places it in the 25,000 or more participants band, which held 215 plans in plan year 2024.
What does Automatic Data Processing, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $5,951,938 in compensation to service provider organisations, $147 per participant or 0.34% of net assets. The same-size median among plans reporting any Schedule C compensation was $143 per participant. Administrative expenses on Schedule H were $10,149,269. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Automatic Data Processing, Inc.. Recordkeeping or administration: Telus. Trustee or custodian: Northern Trust Company. The financial statements were audited by Cohnreznick LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 15 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 22-1467904, plan 001, received 15 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.