July 20, 2021, 08:07 PM
old rugged crossAnyone enrolled in an employer 401k plan with ADP?
With an employer change the new company owners are wanting to have the employees use ADP instead of a different company with the previous owner. Anyone have thoughts or info on ADP. Not finding much useful info.
Thanks
July 20, 2021, 08:18 PM
Jimbo JonesMy company has its 401k plan with ADP. DM me (email in profile) with any questions you might have. If I cant answer them directly I will get the answers from ADP.
Cheers
Jim
July 21, 2021, 10:41 AM
Rey HRHMy last company had it's payroll and 401k with ADP as the interface.
We have our own payroll department but I'm sure they use ADP for as much as they can. As for the 401k, it was a different 401K manager managing the 401k but to see your 401k account, you logged on to the ADP website.
They're more administrative connecting your company and the 401k management company. ADP probably facilitates the transfer of funds also.