Our solution for Plan Sponsors allows the current operational procedures of the Plan to remain intact while taking advantage of the benefits of mandatory distributions.

Terminated, non-responsive participant accounts are communicated to BPAS via our secure web-based reporting tool, iQuikpay. The distribution is processed as a rollover per the instructions in our AutoRollover Kit.

At distribution time you will identify terminated, non-responsive, participant accounts via our secure web-based reporting tool, iQuikpay, and the distribution is processed as a rollover per the instructions in our AutoRollover Kit.

Benefits of AutoRollovers by BPAS:

1. One Service Agreement per plan. Each Rollover does not require Fiduciary signature;

2. No set-up fees;

3. Web Access to monitor the rollover process for reported distributions;

4. Superior product for Participants:
   
   Above average yield for a cash instrument within an IRA (4.35% as of 9/30/05);
   
   Eleven (11) additional mutual fund offerings to diversify account, including four lifecycle funds;
   
   24/7 Access to automated account information via Voice Response Unit or Web. Live customer service is available 8:30 am – 5:00 pm EST.