T. Rowe Price vs ADP 401(k) Comparison
Compare T. Rowe Price (#5, 8.5/10) and ADP Retirement Services (#7, 8.1/10) side by side across fees, ratings, features, and investment options.
Overall Comparison
| Feature | T. Rowe Price | ADP |
|---|---|---|
| Overall Score | 8.5/10 | 8.1/10 |
| Rank | #5 | #7 |
| AUM | $1.3 trillion | $130 billion |
| Participants | 10 million | 3 million |
| Plan Sponsors | 4,500+ | 90,000+ |
| Founded | 1937 | 1949 |
Ratings Comparison
| Category | T. Rowe Price | ADP |
|---|---|---|
| Fees & Costs | 3.8/5 | 3.4/5 |
| Investment Options | 4.6/5 | 3.5/5 |
| Customer Service | 4.4/5 | 4.0/5 |
| Mobile App | 4.2/5 | 3.7/5 |
Fee Comparison
| Fee Type | T. Rowe Price | ADP |
|---|---|---|
| Admin Fees | $0 - $50/year | $2,000 - $5,000/year base |
| Expense Ratios | 0.30% - 1.2% | Varies by investment partner |
| Trading Fees | $0 for T. Rowe Price funds | Plan dependent |
| Advisory Fees | 0.30% - 1.25% | 0.35% - 0.75% |
T. Rowe Price Strengths
- Excellent actively managed fund performance
- Best-in-class target date funds
- Strong research capabilities
- No-transaction-fee mutual fund platform
ADP Strengths
- Seamless payroll integration
- Automatic contribution processing
- Strong compliance support
- Easy setup for ADP payroll clients
Which Should You Choose?
Choose T. Rowe Price if you want:
- Active fund believers
- Target-date fund users
- Research-oriented investors
- Long-term holders
Choose ADP if you want:
- ADP payroll users
- Multi-state employers
- HR bundle seekers
- Compliance-focused companies
Our Verdict: T. Rowe Price vs ADP
T. Rowe Price wins this comparison with a score of 8.5/10 vs 8.1/10. T. Rowe Price excels with excellent actively managed fund performance, making it the stronger choice for most investors in this matchup. However, the best choice ultimately depends on your specific needs, employer plan availability, and investment preferences.
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T. Rowe Price vs ADP: Complete 401(k) Comparison for 2026
Choosing between T. Rowe Price and ADP Retirement Services for your 401(k) is an important decision that affects your retirement savings. T. Rowe Price offers active management while ADP is known for payroll integration. In terms of fees, T. Rowe Price charges 0.30% - 1.2% expense ratios compared to ADP's Varies by investment partner. T. Rowe Price manages $1.3 trillion in assets and serves 10 million participants, while ADP has $130 billion AUM and 3 million participants.
Key Differences: T. Rowe Price vs ADP
When comparing T. Rowe Price and ADP, consider their core strengths: T. Rowe Price excels with excellent actively managed fund performance, while ADP stands out for seamless payroll integration. Both providers offer comprehensive investment options including target-date funds, index funds, and managed accounts. T. Rowe Price's customer service rating is 4.4/5 compared to ADP's 4.0/5. For mobile experience, T. Rowe Price scores 4.2/5 while ADP scores 3.7/5.
Which Provider is Right for You?
Choose T. Rowe Price if you prioritize active fund believers. Choose ADP if you're looking for adp payroll users. Your decision should also consider your employer's plan availability, fee sensitivity, desired investment options, and customer service expectations. For detailed reviews, visit our individual T. Rowe Price and ADP provider pages.