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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.
Third-party administrator. In the United States, a third-party administrator ( TPA) is an organization that processes insurance claims or certain aspects of employee benefit plans for a separate entity. [1] It is also a term used to define organizations within the insurance industry which administer other services such as underwriting and ...
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All new drivers, regardless of age or experience level, are legally required to obtain car insurance coverage. Age, driving record, location, gender, marital status, vehicle type, credit history ...
The Blackstone Group (20–25%) [2] Number of employees. 15,000+ (2024) Website. www .ukg .com. UKG is an American multinational technology company with dual headquarters in Lowell, Massachusetts, and Weston, Florida. It provides workforce management and human resource management services.
Unlike insurance agents who service one or more insurance companies, brokers represent clients, helping them find the best insurance policies to meet their unique needs. While using a broker can ...
Key people. Charles Pizzi, Chairman. Gregory E. Deavens, President and CEO. Website. www.ibx.com. Independence Blue Cross (Independence) is a health insurer based in Philadelphia, Pennsylvania, in the United States. [1] Independence is the largest health insurer in the Philadelphia area, serving people in the region and seven million nationwide.
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