April 13, 2020
As an addendum to the Policy Statement Regarding Account Transactions, BPAS has published our Cyber Security Policy in the participant, plan sponsor, and financial intermediary websites. To view the policy, login to your account at bpas.com, and browse the first section of the Resource Center.
Utica, NY (March 5, 2020) — BPAS, a leading national provider of retirement and benefit plans, fund administration, and collective investment trusts, announced today that John Lutz has joined the organization as its Regional Sales Director managing the Southeast territory.
“John brings extensive industry experience to BPAS,” said Elizabeth Kaido, Vice President of Sales with BPAS Plan Administration & Recordkeeping Services. “With his demonstrated expertise, combined with our full suite of defined contribution plan offerings, actuarial services, an open architecture HSA, and collective investments for advisors, John is well positioned to help us expand our presence in the Southeast region. We’re thrilled to welcome John to the BPAS team.”
“I’m excited to join the BPAS organization. We’re a unique option because our costs are never leveraged by investment selection, and our administration is always integrated across trust, custodian, trading, and recordkeeping. These features eliminate so many fiduciary liabilities and day to day recordkeeping headaches; I know business owners are looking for this kind of solution,” said John Lutz. “I look forward getting out there to share the BPAS story.”
“I’m excited to join the BPAS organization. We’re a unique option because our costs are never leveraged by investment selection, and our administration is always integrated across trust, custodian, trading, and recordkeeping. These features eliminate so many fiduciary liabilities and day to day recordkeeping headaches; I know business owners are looking for this kind of solution,” said John Lutz. “I look forward getting out there to share the BPAS story.”
John brings to BPAS more than 20 years of experience in the retirement plan industry. He is an alumnus of Ohio University, is an assistant coach at American Top Team Atlanta, and holds a Series 7 License.
About BPAS
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, $86 billion in trust assets, $1 trillion in fund administration, and more than 450,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
The BPAS family of services includes: Plan Administration & Recordkeeping, TPA, Actuarial & Pension, VEBA & HRA/HSA, Fiduciary, IRA, Healthcare Consulting, Transfer Agency, Fund Administration, Custody, and Collective Investment Trusts.
Specialty practices include: Auto Enrollment Plans, Multiple Employer Trusts/Plans, Plans with Employer Securities, Puerto Rico Section 1081 Plans, VEBA HRA Plans, Cash Balance Plans, Collective Investment Trusts, and Fund Administration.
BPAS subsidiaries include: Hand Benefits & Trust, NRS Trust Product Administration, Global Trust Company, and BPAS Trust Company of Puerto Rico.
As a solutions-oriented national practice, we are committed to “Solving Tomorrow’s Benefit Challenges Today.” Visit bpas.com for more information.
San Juan, PR (March 2, 2020) – BPAS, a leading national provider of retirement and benefit plans, fund administration, and collective investment trusts announced today it has successfully rolled out 180-degree integration with RENOVA Solutions (RENOVA) for mutual plan sponsor clients. RENOVA is a provider of payroll services and technological human capital solutions based in Puerto Rico.
The BPAS-RENOVA integrated solution improves administrative staff productivity and enhances data security and integrity. The two companies created the integrated solution exclusively for their mutual customers who use the RENOVA platform and BPAS services. It is the first such offering in Puerto Rico.
“Our focus on payroll technology is relentless,” said Wilfredo Cosme, Co-founder, and President of RENOVA Solutions. “We are excited to further our integration with the different platforms involved in human capital management, in this case, the BPAS benefits platform. The integration of technology and human resources transforms the customer experience, which is an essential part of our mission,” he added.
Cosme credits Finanxial Group for making the alliance possible. “We want to thank our friends and business partners from Finanxial Group for putting together RENOVA and BPAS along with their valuable input as investment advisors and leaders in designing and advising retirement plans in Puerto Rico,” said Cosme. “This triumvirate strategic alliance creates a strong solution for current and future clients. We have selected best-in-class solutions for plan administration, payroll services and plan advisors, with each firm working together seamlessly. That’s what we’re able to bring to the table with BPAS and Finanxial.”
RENOVA integrates with several accounting systems, and BPAS works with many different payroll providers. The collaboration provides value-added benefits to mutual clients.
“Our goal was to reduce the administrative workload for employers offering a retirement plan benefit to employees,” said Alfredo Matheu, President of BPAS Trust Company of Puerto Rico. “We’re thrilled about our partnership with RENOVA,” he added. “It will be a terrific resource for current and future clients seeking ease of administration for their benefit programs. We’re now able to deliver a high-touch service environment with minimized routine tasks and maximized automation between the recordkeeper and the payroll system. It is truly a first-of-its-kind offering for the Puerto Rico market.”
About RENOVA Solutions
RENOVA Solutions provides powerful technology and dedicated support teams that understand clients and are there for them every step of the way to transform the employee experience. RENOVA provides a single solution and support for HR, Payroll, Hiring, Benefits Administration, Time & Attendance, Compliance as well as innovative Wellness and Hiring Solutions.
Founded in 2012, RENOVA has been a growing private company year after year. With more than 20K users on the platform, RENOVA clients benefit from state-of-the-art technology along with support focused on helping people make the difference. Visit https://www.renovasolutions.com for more information.
About Finanxial Group
Finanxial is a professional service group providing the widest range of financial services in Puerto Rico lead by Fernando Navarro, CPA/PFS, CFP, CIA, and Andrés Morgado CPA/PFS, CFP, Esq. Finanxial Group is the first and only CPA firm to grow into a truly financial service from financial consultants to investment advisory services, specializing in retirement plans. Services are focused on design, implementation, and advice to retirement plans based on each client’s need to maximize benefits by using the best products and providers for the plans.
About BPAS
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, $86 billion in trust assets, $1 trillion in fund administration, and more than 450,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
The BPAS family of services includes Plan Administration & Recordkeeping, TPA, Actuarial & Pension, VEBA & HRA/HSA, Fiduciary, IRA, Healthcare Consulting, Transfer Agency, Fund Administration, Custody, and Collective Investment Trusts.
Specialty practices include Auto Enrollment Plans, Multiple Employer Trusts/Plans, Plans with Employer Securities, Puerto Rico Section 1081 Plans, VEBA/HRA Plans, Cash Balance Plans, Collective Investment Trusts, and Fund Administration.
BPAS subsidiaries include Hand Benefits & Trust, NRS Trust Product Administration, Global Trust Company, and BPAS Trust Company of Puerto Rico.
As a solutions-oriented national practice, we are committed to “Solving Tomorrow’s Benefit Challenges Today.” Visit bpas.com for more information.
San Juan, PR (January 7, 2020) ― BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, announced today that the Puerto Rico Pension Board has selected the PR Capital Preservation Fund (Fund) for inclusion in the new PR Act 106 DC Plan for Government employees. It is the first-ever Collective Investment Fund (CIF) created by a PR financial institution. Under Act 106, the new CIF will be the default investment for the plan which covers 110,000 participants. BPAS received a favorable private-letter ruling from the PR Treasury Department approving the Fund as a “Qualified PR Security” which provides for certain tax benefits related to lump-sum distributions.
BPAS Trust Company of Puerto Rico will serve as the Fund trustee and investment manager. Hand Benefits & Trust, a BPAS company, will be the agent for administration. The Fund is also available for non-government plans qualified under PR Code Section 1081.
Barry Kublin, BPAS CEO, credits the private-public partnership in Puerto Rico for the product development. According to Kublin, “40% of the portfolio is allocated amongst the FDIC-insured PR financial institutions in enhanced yield accounts, with the remainder invested in institutional money market and stable value investments.” He added that the Office of the Commissioner of Financial Institutions and Hacienda reviewed and approved the initiative in a thorough and timely manner. “The Pension Board and their consultants embraced a creative solution to the Act’s mandates. Having provided trust and plan administration services in PR for 20 years and given the breadth of our services, we are well positioned to deliver a complete solution to all PR retirement plan constituents,” he added.
About BPAS
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, $86 billion in trust assets, $1 trillion in fund administration, and more than 450,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
The BPAS family of services includes: Plan Administration & Recordkeeping, TPA, Actuarial & Pension, VEBA & HRA/HSA, Fiduciary, AutoRollovers & MyPlanLoan, Healthcare Consulting, Transfer Agency, Fund Administration, Custody, and Collective Investment Trusts.
Specialty practices include: Auto Enrollment Plans, Multiple Employer Trusts/Plans, Plans with Employer Securities, Puerto Rico Section 1081 Plans, VEBA HRA Plans, Cash Balance Plans, Collective Investment Trusts, and Fund Administration.
BPAS subsidiaries include: Hand Benefits & Trust, NRS Trust Product Administration, Global Trust Company, and BPAS Trust Company of Puerto Rico.
As a solutions-oriented national practice, we are committed to “Solving Tomorrow’s Benefit Challenges Today.” Visit bpas.com for more information.
Contact: Alfredo Matheu | President | BPAS Trust Company of Puerto Rico | 787-936-2251 | [email protected]
During December and early January each year, many funds make various capital gain distributions, which may cause a temporary drop in a fund’s share price until the dividend is posted several business days later. For a detailed explanation, please read the full notice here.
Milwaukee, WI. October 15, 2019. BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, announced today that it has teamed up with MOR Strategy Partners to deliver the Re$erveMOR benefits solution to public-sector employers and employees.
Re$erveMOR is a proprietary combination tax strategy, created by MOR Strategy Partners and financially managed by BPAS, that addresses the need for employees to optimize their pay through the use of multiple tax-advantaged employee benefits. It’s a convergence of healthcare, retirement, and wellness benefits designed to help public-sector employers and employees build health reserve dollars for retirement.
“The loss/sunset of retiree health coverage for employees in the public sector over the past decade has resulted in a significant economic challenge as they move from active employment,” said Nancy Melcher, Chief Engagement Officer at MOR Strategy Partners. “The ordinary individual who retires with pension, Social Security income, and some savings will be significantly under-resourced to deal with healthcare costs under the current industry benefit structure. We are fixing that with Re$erveMOR.”
Under the Re$erveMOR model, collectively bargained employees can elect a percentage of pay increases to fund their health reserve. They can also convert certain time-off benefits, like sick time, to health funds on a tax-free basis.
“Funding this new reality will require different benefits and strategies,” added Melcher. “With employer budgets flat or declining, it will require new thinking and reallocation and a full benefit conversion strategy of existing programs. Looking at tax-advantaged plans in a cohesive and integrated fashion allows people to optimize their paychecks in accordance with the many tax opportunities available through their employer.”
“The opportunity to optimize multiple tax advantages requires an integrated strategy/model rather than a single benefit decision across multiple offerings,” said David Ritchie, SVP at BPAS VEBA & HRA/HSA Services. “The VEBA component is at the heart of the Re$erveMOR model as it provides the secured vaulting of these tax protected dollars for use in the short and long term health protection strategy.”
Re$erveMOR is currently being offered to select public-sector employers in Wisconsin. It is expected to expand nationally. For more information, contact Nancy Melcher at (262) 347-2272 or [email protected].
About MOR Strategy Partners
For more than 20 years, MOR Strategy Partners has expanded its mission of Maximizing Our Resources (MOR) and embarked on national and regional distribution of its many proprietary and innovative benefit/tax strategies, programs, resources and technology. Each of these promises to provide economic relief for employers and employees and increased benefit levels to a marketplace filled with outdated HR delivery systems and underserved, disengaged benefit consumers. MOR continues to research, develop and deliver a world of Benefits that Benefit.
About BPAS
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, $77 billion in trust assets, $1 trillion in fund administration, and more than 450,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
The BPAS family of services includes: Plan Administration & Recordkeeping, TPA, Actuarial & Pension, VEBA & HRA/HSA, Fiduciary, AutoRollovers & MyPlanLoan, Healthcare Consulting, Transfer Agency, Fund Administration, Custody, and Collective Investment Trusts.
Specialty practices include: Auto Enrollment Plans, Multiple Employer Trusts/Plans, Plans with Employer Securities, Puerto Rico Section 1081 Plans, VEBA HRA Plans, Cash Balance Plans, Collective Investment Trusts, and Fund Administration.
BPAS subsidiaries include: Hand Benefits & Trust, NRS Trust Product Administration, Global Trust Company, and BPAS Trust Company of Puerto Rico.
As a solutions-oriented national practice, we are committed to “Solving Tomorrow’s Benefit Challenges Today.” Visit bpas.com for more information.
Philadelphia, PA (September 30, 2019) — BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, announced today the launch of a custom guaranteed stable value solution with Lincoln Financial Group. Lincoln Financial Group is a top provider of stable value solutions and offers strong risk management, financial strength and attractive contract provisions to defined contribution plan sponsors and participants. The newly-launched BPAS Stable Value option is an elite cash product for BPAS Fiduciary Services VEBA plans.
According to Greg Woods, Senior Vice President of BPAS Fiduciary Services, “We are thrilled to team up with Lincoln Financial Group on this custom product offering for our VEBA clients. Lincoln’s financial soundness as a stable value provider, along with their dedication to serving the needs of the retirement participants made them a solid choice as a partner. This product will allow risk-averse savers to earn an industry best cash-like return as they save for their retirement medical expenses.” “We are proud to partner with BPAS to provide our Stable Value option to their clients. Stable Value is a critical component of any retirement plan, and will become even more important as Baby Boomers approaching retirement increasingly look for capital preservation,” said Ralph Ferraro, Senior Vice President, Head of Product, Retirement Plan Services, Lincoln Financial Group.
“Adding the Lincoln Stable Value product to our VEBA line up demonstrates our firm’s commitment to being the premier VEBA solution within the country,” said David Ritchie, Senior Vice President of BPAS VEBA & HRA/HSA Services. “We strive to be pioneers in this space and understand the needs of our clients in helping ensure they are able to retire with dignity. With many participants being extra sensitive to investment risks for their retirement health savings, offering such a competitive return on the most conservative of funds is vital.”
A Voluntary Employees’ Beneficiary Association (VEBA) is a tax-exempt, irrevocable Trust under Section 501(c)(9) of the Internal Revenue Code. This type of trust is used as a vehicle for employers to fund certain types of benefits, including funded Health Reimbursement Accounts (HRA).
In addition to the Lincoln Stable Value, the BPAS solution is a fully integrated VEBA HRA complete with daily valuation record keeper, administrator, clearing firm, actuary, claims processing, and custodial services. One company. One call. The BPAS VEBA HRA one-stop shopping approach offers significant savings in time, money, and administration. Everything needed to setup and maintain a VEBA HRA can be done through BPAS. Since everything is coordinated through one company, one point of contact, there’s less overhead and fewer people involved in the process.
Lincoln Financial Group provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $260 billion in assets under management as of June 30, 2019. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, Lincoln was recognized by Forbes as one of the Best Large Employers, Best Employers for Diversity, and Best Employers for Women. Lincoln also earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Learn more at: www.LincolnFinancial.com.
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, $77 billion in trust assets, $1 trillion in fund administration, and more than 450,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
The BPAS family of services includes: Plan Administration & Recordkeeping, TPA, Actuarial & Pension, VEBA & HRA/HSA, Fiduciary, AutoRollovers & MyPlanLoan, Healthcare Consulting, Transfer Agency, Fund Administration, Custody, and Collective Investment Trusts.
Specialty practices include: Auto Enrollment Plans, Multiple Employer Trusts/Plans, Plans with Employer Securities, Puerto Rico Section 1081 Plans, VEBA HRA Plans, Cash Balance Plans, Collective Investment Trusts, and Fund Administration.
BPAS subsidiaries include: Hand Benefits & Trust, NRS Trust Product Administration, Global Trust Company, and BPAS Trust Company of Puerto Rico.
As a solutions-oriented national practice, we are committed to “Solving Tomorrow’s Benefit Challenges Today.”
In a news release today, BPAS announced the promotion of two senior managers within its plan administration and recordkeeping (PARK) division.
Elizabeth Kaido has been named Vice President, Sales. Since joining the BPAS in 2008, Elizabeth (Liz) has gained vast experience managing a variety of Defined Contribution (DC) plans, including 401(k), ERISA and non-ERISA 403(b), Prevailing Wage, and Company Stock Plans. Most recently, Liz headed up the Sales Relationship team where she worked with financial advisors to market DC services to plan sponsors.
As VP of Sales, Liz will manage the entire BPAS DC Sales team, including Regional Sales Directors, Relationship Managers, and the Sales Support team members. She will also manage key national account relationships.
“Liz has demonstrated strategic thinking and leadership qualities since the onset of her career here,” said Paul Neveu, President of BPAS Plan Administration & Recordkeeping Services. “We couldn’t be more pleased that she has accepted the challenge. Her vision for Sales will be instrumental in positioning BPAS for continued growth and success.”
Brian Douglas has been named Vice President, IRA & Special Services. For more than 20 years, Brian has been providing plan administration, consulting and sales management for DC, Defined Benefit and non-qualified retirement plans. In his new role, Brian will have sales and operational responsibilities for AutoRollovers & MyPlanLoan Services, Voluntary IRAs, Pooled Employer Plans and Trusts, and related new product initiatives.
“Organic growth has been a key driver of BPAS success over the years,” said Barry Kublin, BPAS CEO. “We have nurtured and empowered experienced, creative individuals to assume leadership responsibilities, and drive our culture of participant outcomes. I am excited for Liz and Brian, and all of the constituents they serve.”
BPAS is pleased to announce that Victor Kwitkiwski has joined the organization as its Regional Sales Director covering the New England territory.
“Victor is a seasoned veteran in the business,” said Paul Neveu, President of BPAS Plan Administration & Recordkeeping Services. He has an impressive network of advisor relationships throughout New England who know him as ‘Victor K.’” He brings deep credibility across multiple lines of retirement related services and is committed to true open architecture and the fiduciary service model. We’re delighted to have Victor join the BPAS team.”
“I’m thrilled to join an organization that offers such a strong breadth of services and focus on participant outcomes,” said Victor. “It’s a unique, energizing, and empowering culture. BPAS is known for its industry leading hands-on engagements with financial intermediaries, plan sponsors, and participants. It’s refreshing to be part of a company with such a positive reputation with both its external partners and internal staff members.”
Victor brings to BPAS his nearly 25 years of experience in the retirement business. He holds a bachelor’s degree from the University of New Hampshire Peter T. Paul College of Business and Economics, the C(k)P® designation (Certified 401(k) Professional), and the CRPS® designation (Chartered Retirement Plans Specialist).
Philadelphia, PA (August 7, 2019) — BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, has been selected by F&M Trust as the strategic partner for its retirement plan business across southern Pennsylvania.
BPAS began working with F&M Trust in 2007 on various retirement plan opportunities, providing recordkeeping, administration, and trading/custody services to bank clients. F&M Trust began to see differences among platforms and started getting requests for a higher level of plan consulting and HR outsourcing capabilities. This change led many clients to migrate to the F&M Trust/BPAS partnership.
In 2018, F&M Trust issued an RFP for its own corporate Defined Contribution (DC) and Defined Benefit (DB) plans. After reviewing several firms and alternatives, F&M Trust made the decision to consolidate these plans with BPAS. The DC plan converted to BPAS as of 1/1/2019; the DB plan is transitioning for a 1/1/2020 effective date. Combined, these plans have more than $50 million in assets and 600 participants.
“BPAS has been wonderful to work with as bundled recordkeeper for our 401(k) plan. They have provided great value to us as an administrative partner. When we were considering them as a potential partner to provide actuarial services for our Pension Plan, it was a no-brainer,” said Dr. Karen Carmack, Senior Vice President and Chief Human Resources Officer at F&M Trust. “The expertise they have in this area provided us with great comfort that they would be also able to handle the complexity of our Pension plan with ease. It will be nice to have all services relating to our retirement plans under one roof. This factor was significant in our decision-making process to move to BPAS.”
“Having worked with BPAS for many years, we kicked the tires thoroughly,” said Ronald Froeschle, Director of Retirement Plans at F&M Trust. “We felt good transitioning our DC and DB plans because of our overall comfort level with the BPAS people, expertise, and flexibility. We are excited to enhance our retirement plans through this partnership and consolidate the rest of our client plans as well.”
When all client plans are converted, the F&M Trust/BPAS partnership will serve approximately 50 qualified plans.
According to Paul Neveu, President of BPAS Plan Administration & Recordkeeping Services, “The focus of corporate trustees has shifted over the last decade. There has always been a focus on investments and fiduciary processes, but now we see more emphasis on outcomes – working with participants and retirement plan committees to drive key success measures for each plan. Our partnership with F&M Trust is a great example of this. We appreciate the expertise and commitment that F&M Trust brings to client relationships, as well as their open dialogue and constant evaluation of the plan sponsor and participant experience. We look forward to growing our partnership in the coming years as an extension to the range of banking and investment services that F&M Trust brings to the marketplace.”
“One of the things F&M Trust clients have talked about is the vertically integrated structure of BPAS, under which we serve as recordkeeper, TPA, clearing firm, and asset custodian—all under one roof,” added Joe Boyle, BPAS Regional Sales Director. “Clients like simplicity and accountability. F&M Trust clients have been looking for 3(16) services to take administration and communication work off their desk. Just about every HR team we talk to is tight on resources these days, so it has been a popular feature.”
Other services of the F&M Trust /BPAS partnership that have been popular with clients include full online enrollment, automatic enrollment, the MyPlanLoan™ loan continuation program, and the Roadways Health Savings Account (HSA) which can be paired with any 401(k) or 403(b) program. F&M Trust works with clients to help them determine which plan design and set of administrative features will best meet their needs.
About F&M Trust
A subsidiary of Franklin Financial Services Corporation, F&M Trust is an independent community bank headquartered in Chambersburg, PA. For more than a century, F&M Trust has embraced and defined what it means to be a community bank in South Central PA. With approximately $1.2 billion in assets, F&M Trust has 22 community offices in Franklin, Cumberland, Fulton, and Huntingdon counties.
About BPAS
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, $77 billion in trust assets, $1 trillion in fund administration, and more than 450,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
The BPAS family of services includes: Plan Administration & Recordkeeping, TPA, Actuarial & Pension, VEBA & HRA/HSA, Fiduciary, AutoRollovers & MyPlanLoan, Healthcare Consulting, Transfer Agency, Fund Administration, Custody, and Collective Investment Trusts.
Specialty practices include: Auto Enrollment Plans, Multiple Employer Trusts/Plans, Plans with Employer Securities, Puerto Rico Section 1081 Plans, VEBA HRA Plans, Cash Balance Plans, Collective Investment Trusts, and Fund Administration.
BPAS subsidiaries include: Hand Benefits & Trust, NRS Trust Product Administration, Global Trust Company, and BPAS Trust Company of Puerto Rico.
As a solutions-oriented national practice, we are committed to “Solving Tomorrow’s Benefit Challenges Today.” Visit bpas.com for more information.
