ADP

Definition : Actual Deferral Percentage
Category : Business » Business Terms
Country/Region : United States United States
Popularity :
Type :
Initialism

What does ADP mean?

Actual Deferral Percentage (ADP) is an annual test that applies to employee salary deferral or 401(k) contributions. ADP compares the average salary deferrals of Highly Compensated Employees (HCE) to that of non-highly compensated employees (NHCE). It ensures that contributions made by NHCE are proportional to contributions made for HCE.

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Frequently Asked Questions (FAQ)

What is the full form of ADP Test?

The full form of ADP is Actual Deferral Percentage

What are the full forms of ADP in Business?

Automatic Data Processing | Actual Deferral Percentage

What are the full forms of ADP in the United States?

Association of Directory Publishers | Alcohol and Drug Programs | American Democracy Project | Actual Deferral Percentage | Association for the Development of Pakistan | Arizona Democratic Party | Alpha Delta Phi | Alabama Democratic Party | Alaska Democratic Party