Plan Sponsor Bulletin Board

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2017

September 11, 2017

Fall 2017 Plan Sponsor Newsletter

The latest edition of our plan sponsor newsletter, Retirement Plan News, is now available. Click here to read the newsletter.  To view past newsletters please visit our plan sponsor newsletter library.

August 07, 2017

Financial Organization

When I first started driving, I didn’t have a GPS to help guide me. Instead, I had my dad. When I would get lost (which was way more than I’d like to admit), I called home. The first thing dad would ask me is “where are you right now?” Because he couldn’t guide me to the final route if he didn’t know my current location.

Our financial road tends to follow a similar path – It’s hard to know where you’re going if you don’t know where you’re currently at. With that in mind, we created a document to assist you in organizing your current finances. Seeing where you are currently can aid you in determining if you’re on the right road or if you need to reroute your journey.

Take a few minutes to review and complete the document. While it may seem daunting at first, if you complete it in bite-size pieces, it won’t take much time at all. And it will help you pinpoint your current location. Use it to start a discussion with your spouse or partner, as well as your financial advisor, to make sure you’re all following the same path to your retirement goals.

You can find the Financial Organization Document under the Other Planning Tools section of our Participant Education Center or by clicking here.

August 04, 2017

DB 360: A New Direction for the Defined Benefit Plan Market

We are pleased to announce the launch of DB 360, our comprehensive BPAS outsourcing solution for the Defined Benefit market. Through the DB 360, we offer fully-bundled retirement plan services to Defined Benefit plans, including actuarial, administrative, communication, investment, and payer services.

The BPAS Advantage

With DB 360, plans at BPAS will enjoy savings in time, money, and simplified administration by having a single service provider and a dedicated team of consultants managing the entire pension relationship. Our full-service menu also provides accurate processing and reporting through a single data source, comprehensive employee communication, and combined maintenance of participant and plan data in a single system.

To learn more about the DB 360 solution at BPAS, click here to read additional details. Visit us at bpas.com or contact us at TrustSales@bpas.com or 866-401-5272 for more information.

April 22, 2017

Enhancement to Participant Login Process

Important note: Effective on April 22, 2017, BPAS is implementing enhancements to the login process of our participant website. While the new process is self-explanatory and intuitive, we have created a memo to summarize the change to participants. This memo can now be found here and also in the Resource Center of the participant and plan sponsor websites. Thank you for allowing us to provide this update.

February 27, 2017

Summary of Compliance Steps for New Fiduciary Regulations

The Department of Labor’s Conflict of Interest Rule will require changes to business practices by BPAS and many of our partners. This memo discusses some of the changes BPAS is preparing to make in order to comply with the new rule.