This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ADP® Releases Innovative Plan Health Review Tool To Help Employers Measure Their Retirement Plan's Success

ROSELAND, N.J., May 30, 2013 /PRNewswire/ -- ADP ®, a leading provider of HR, payroll and benefits administration services, today announced the release of the ADP Plan Health Review, a tool to help ADP Retirement Services clients measure the retirement readiness of their employees.  ADP adds this tool to its growing portfolio of solutions for employers of all sizes in an effort to help clients measure their retirement plan's success and provide actionable solutions for participants to achieve financial security in retirement.

"Most people understand the importance of nutrition and exercise to maintain their physical health," said Chris Augelli, vice president, product marketing and business development at ADP Retirement Services.  "We want people to think about saving for retirement as a way to maintain their financial health as well.  The Plan Health Review tool is designed to help employers accomplish precisely that—by giving them the information they need to improve their retirement plan's outlook and their employees' retirement readiness."

The Plan Health Review is designed to help plan sponsors assess the health of their retirement plan and easily take action to improve their employees' retirement readiness.  The tool provides plan sponsors with a wealth of demographic statistics about plan utilization that can help identify employee groups who require help with their planning.  It also measures four critical areas using a proprietary, easy to understand scoring system to help focus plan sponsors an areas of greatest opportunity, including:
  • Participation rate
  • Participant deferrals
  • Participant investment usage
  • Participant usage of loans and withdrawals

Helping plans and participants get on the right path in these four areas can greatly impact a participant's ability to save adequately for a financially secure retirement.

With the information provided in the Plan Health Review, plan sponsors receive a view into the actions needed to optimize the performance of their plan and the savings habits of their employees.  Steps such as adjusting plan design, changing investment options or further educating employees about the value of participation and maximizing their contributions can dramatically improve plan performance and employee retirement readiness.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs