ADP Retirement Trust Services, LLC
About
HEADQUARTERS
Salem, New Hampshire
MISSION
To provide professional corporate trustee services to sponsors of U.S. defined contribution plans at a reasonable price, allowing smaller employers to offer competitive retirement solutions to their employees.
HISTORY
ADP Retirement Trust Services, LLC (RTS) was formed in 2022 as a wholly owned subsidiary of ADP, Inc. It was granted a charter by the New Hampshire Banking Department in 2023. RTS is a fully insured limited liability corporation. It is regulated by and capitalized in accordance with rules of our regulator.
CLIENTS SERVICED
RTS only offers trustee services to ADP Retirement Services recordkeeping clients.
PARENT
ADP, Inc., is an indirect subsidiary of Automatic Data Processing (ADP), a publicly owned, Fortune 500 company formed in 1949 with over 1 million customers and approximately 60,000 associates worldwide. ADP has credit ratings of AA-/Aa3/AA- from Standard & Poors ®, Moody’s ® and Fitch, respectively.