Category Archives: Financial Services

Defined Benefit Plan Administration Outsourcing

Plans are becoming more complex as new laws take effect, and many companies just don't have the resources on staff to easily manage their pension plans.

Jan 02, 2018

More and more employers are outsourcing the administration of their Defined Benefit Pension Plans. Defined Benefit Plan Administration has a different meaning to different people. Benefit calculation and certifications; plan sponsor...

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BPAS Award

BPAS Receives Solution Visionary Award

BPAS has received the Solution Visionary Award from Wex Health for its work creating progressive solutions in VEBA HRA/HSA Services.

Apr 29, 2016

Utica, NY—April 22, 2016. BPAS, a leading national provider of retirement plan administration services, has received the Solution Visionary Award from Wex Health (formerly Evolution1). According to Wex Health, the Solution...

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lightsabers

The Empire’s Death Star is Destroyed

The Force (of Industry Leaders) saves small-business retirement plans as IRS withdraws controversial portion of proposed nondiscrimination testing regulations.

Apr 21, 2016

The Force (of Industry Leaders) saves small-business retirement plans as IRS withdraws controversial portion of proposed nondiscrimination testing regulations. A New Hope (For Small Business Owners) In a twist of irony,...

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Participant Education Center

5 Questions About the Participant Education Center

Planning for retirement can be complicated. That’s why we created our Participant Education Center, which provides users with retirement planning tools and more.

Feb 16, 2016

At BPAS, we understand that planning for retirement can be complicated. That’s why we created our Participant Education Center. This new web portal provides users with retirement planning tools that give...

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IRS Papers

How Do You Spell Relief? Closed Defined Benefit Plans Say “I.R.S.”- Others Are Not in That Classification

New Rule Changes for Nondiscrimination Testing may affect profit sharing, cash balance and corporate QSERP arrangements.

Feb 09, 2016

New Rule Changes for Nondiscrimination Testing The IRS recently issued some proposed rule changes with respect to coverage and nondiscrimination testing for qualified plans. This included permanent relief with respect to...

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