Plan Sponsor Bulletin Board

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2018

October 23, 2018

ACH Distribution Update

Over the past year, there have been many developments in information technology and security within the financial services industry. In light of new and emerging threats, retirement service providers have had to re-evaluate distribution methods for retirement plan assets to protect participant accounts. Please read more here for a summary of the BPAS position on electronic ACH Distributions.

April 09, 2018

BPAS Acquires Puerto Rico’s HR Consultants

San Juan, PR—April 9, 2018. Benefit Plans Administrative Services, Inc. (BPAS) announced today that it has acquired the business of HR Consultants (SA), LLC, in Puerto Rico.  Both Adrian Robles and Hector D. Gaitan, FCA, ASA, MAAA, EA, of HR Consultants have already joined the staff of BPAS under an interim arrangement.

To view the full press release, click here.

March 26, 2018

New BPAS Retire Mobile App Launched

BPAS has launched the first version of our new mobile app, which is available for both iPhone and Android devices. For instructions on accessing the BPAS Retire app, please visit www.bpas.com/participants/bpas-retire-mobile-app/. Download the  mobile app flyer to view the latest information about the app. In the coming quarters, additional functionality will be deployed into the app, including full online enrollment, investment transfers and more. As always, the full participant website can be accessed through most mobile devices as well.