Public case informationLast updated
ADP Retirement Plan Fee Class Action Settlement
ADP · Retirement plan and payroll services · Settlement Reached
About this case
Automatic Data Processing Inc. has agreed to a proposed $48 million settlement resolving allegations that retirement plan fees charged to workers of companies using ADP's human resources and payroll services were excessive or improperly handled. Plaintiffs filed an unopposed motion for preliminary approval on July 31, and the settlement remains subject to court approval; it also includes proposed non-monetary changes involving target-date funds and independent fiduciary oversight.
Case overview
- Defendant company
- ADP
- Product or service
- Retirement plan and payroll services
- Case status
- Settlement Reached
- Lawsuit type
- Other
- Reported harm
- Billing Fees
Participation information
No active participation options are currently listed.
Sources
- ADP Retirement Plan Fee Class Action Settlement
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