If you notice the following error in the event, there is a simple fix.
The Execute method of job definition Microsoft.Office.Server.Administration.ApplicationServerAdministrationServiceJob (ID c7f87cbb-e67d-44a2-9061-5321094aa81e) threw an exception. More information is included below.
Open Com Services and check the permissions on OSearch and IIS Admin Services.
The WPG group need to have permissions on Local Launch and Local Activate.