ADP has launched ADP Access, a retirement program that combines the benefits of ADP’s 401(k) plan recordkeeping services and the guidance of a financial advisor.

ADP Access aims to ease the administrative burden and provide service and support to financial advisors. The program enables ADP to expand its relationships with more than 32 advisor-focused firms, including broker/dealers, wirehouses, and regional and independent firms, representing over 60,000 advisors.

Features of the program include iPlan.iSave.iBenefit, an employee education program that helps employees increase their plan benefits and manage their retirement plan goals and objectives. ADP also provides a nationwide network of licensed specialists to help employees prepare for retirement.  Data management features provide integration between payroll and 401(k) plan systems to lighten the time spent on plan administration. The program also includes over 25 different asset managers, more than 140 different investment options and diversification across asset classes.

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