AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Park Avenue Institutional Advisers LLC's Holding History (CIK: 0001640801)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 2,890 Value ($000) $266 Avg Close $71.77 Range $68.45 - $75.00

Q1 2016

Shares 2,906 Value ($000) $261 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 2,987 Value ($000) $253 Avg Close $69.13 Range $63.10 - $72.67

Q3 2015

Shares 3,099 Value ($000) $249 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 3,204 Value ($000) $257 Avg Close $67.60 Range $63.55 - $69.99

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	2,890	$266	$71.77	$68.45 - $75.00
Q1 2016	2,906	$261	$67.69	$61.81 - $73.03
Q4 2015	2,987	$253	$69.13	$63.10 - $72.67
Q3 2015	3,099	$249	$63.87	$51.20 - $67.86
Q2 2015	3,204	$257	$67.60	$63.55 - $69.99