BPAS Achieves National Recognition in Retirement Services

BPAS Recognized Once Again for Excellence

For the third consecutive year, BPAS has proudly secured top positions in the National Association of Plan Advisors (NAPA) Advisors' Choice Awards. This event celebrates the best in retirement plan recordkeeping, acknowledging firms that excel in delivering exceptional services across various markets and categories, as ranked by advisors.

Commitment to Quality Services

BPAS, known as a leading national provider in the realm of retirement plans and benefit solutions, impressed advisors this year by achieving high marks in six different categories spanning two major market segments.

Categories of Excellence

The awards acknowledged the following areas where BPAS stood out:

• Staff Credentials
• Regulatory Support
• Education Materials
• Multi-Lingual Capabilities
• Financial Wellness
• Plan Health

Expert Insights from Leadership

Paul Neveu, CEO of BPAS, expressed his excitement about the recognition, stating, "We couldn't be more excited and grateful for these results. As we work with advisors and trust companies on the full spectrum of retirement plans, our focus remains on refining our service model. Our mission is to provide comprehensive administration and a single point of contact for all services, fostering genuine relationships powered by remarkable individuals, all of whom are dedicated to our clients' success. These results affirm that we are on the right path."

Simplifying Retirement Planning

BPAS offers a streamlined approach to the complexities of retirement and benefit plans, allowing clients to avoid the hassle of juggling multiple providers. As a fully integrated solution, BPAS serves as recordkeeper, administrator, custodian, and clearing firm, all under one roof. Every client enjoys the benefit of having a dedicated plan consultant, no matter the plan size. This model has proven effective, with BPAS clients saving up to 45% more time compared to previous administrators.

Building Strong Relationships

Elizabeth Kaido, Senior Vice President of Sales and Relationship Management at BPAS, shared her thoughts on the company’s approach, stating, "We bring expertise to the table for retirement plans of all types and sizes. Our commitment is to nurture robust relationships, supported by high-quality service and a flexible platform. Advisors appreciate the trustworthiness we offer, as we aim to be the dependable partner they can rely on as they expand their businesses."

About BPAS

BPAS is a premier national provider of retirement plans, benefit plans, fund administration, and institutional trust services. The company emphasizes simplifying complexities by delivering integrated solutions that effectively address client challenges. BPAS currently supports over 5,800 retirement plans, manages roughly $110 billion in trust assets, oversees $1.3 trillion in fund administration, and serves more than 880,000 participants.

A Broad Range of Services

The extensive suite of services provided by BPAS includes Workplace Retirement Plans, Actuarial & Pension, Health Benefits Consulting, IRA, VEBA/115 Trusts, Health & Welfare Plans, Fiduciary services, Collective Investment Funds, Fund Administration, as well as Institutional Trust. Additionally, BPAS specializes in diverse practices such as Auto Enrollment Plans, Multiple Employer Trusts/Plans, and various pension schemes.

Subsidiary Structure

Among its subsidiary operations, BPAS includes entities such as BPAS Trust Company of Puerto Rico, Global Trust Company, Hand Benefits & Trust, and NRS Trust Product Administration.

Contact Information and More

As a solution-oriented national entity, BPAS proudly adheres to the motto of "Solving Tomorrow's Benefit Challenges Today." Those interested in learning more about their innovative services can visit bpas.com for additional information.

Frequently Asked Questions

What are the NAPA Advisors' Choice Awards?

The NAPA Advisors' Choice Awards are an annual honor recognizing top retirement plan recordkeepers based on feedback from advisors.

Why is BPAS recognized?

BPAS is recognized for its commitment to quality, offering comprehensive retirement plan services that earn high marks in various categories.

How does BPAS assist clients?

BPAS simplifies retirement plan management by providing integrated solutions and dedicated support for each client, enhancing efficiency and satisfaction.

What services does BPAS provide?

BPAS offers a wide range of services, including retirement plans, benefit plans, fund administration, and trust services tailored to client needs.

Who can benefit from BPAS services?

Clients of all types and sizes, including those managing diverse retirement plans, can benefit from BPAS’s streamlined and supportive services.

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