A New Recognition for BPAS Excellence
For the third year in a row, BPAS has proudly earned top honors at the National Association of Plan Advisors (NAPA) Advisors' Choice Awards. This annual event shines a light on the best in retirement plan recordkeeping, recognizing firms that go above and beyond in providing outstanding services across different markets, as judged by advisors.
Dedication to Quality Service
BPAS stands out as a leading national provider in the field of retirement plans and benefit solutions. This year, advisors took notice of BPAS’s performance, awarding high ratings in six distinct categories spread over two key market segments.
Areas of Distinction
The awards highlighted where BPAS excelled:
- Staff Credentials
- Regulatory Support
- Education Materials
- Multi-Lingual Capabilities
- Financial Wellness
- Plan Health
Insights from Our Leaders
Paul Neveu, the CEO of BPAS, shared his enthusiasm for this recognition, saying, "We couldn't be more excited and grateful for these results. Our ongoing work with advisors and trust companies across the entire retirement plan spectrum drives us to continuously refine our service model. We aim to provide thorough administration and a single point of contact for all services, building genuine relationships supported by our dedicated team, all committed to our clients’ success. These results reinforce that we’re heading in the right direction."
Simplifying Retirement Planning
BPAS delivers a straightforward approach to the intricacies surrounding retirement and benefit plans, helping clients avoid the stress of managing multiple providers. As a fully integrated solution, BPAS acts as recordkeeper, administrator, custodian, and clearing firm, all under one roof. Each client benefits from having a dedicated plan consultant, regardless of the size of the plan. This model has proven efficient, with BPAS clients saving up to 45% more time than those using previous administrators.
Building Meaningful Connections
Elizabeth Kaido, Senior Vice President of Sales and Relationship Management at BPAS, commented on the company's philosophy by saying, "We bring valuable expertise to the table for all types and sizes of retirement plans. Our commitment lies in fostering strong relationships backed by high-quality service and a flexible platform. Advisors value the trustworthiness we provide, as we strive to be the dependable partner they can count on while expanding their businesses."
About BPAS
BPAS is a leading national provider of retirement and benefit plans, fund administration, and institutional trust services. The company focuses on simplifying complexities by offering integrated solutions that tackle client challenges effectively. BPAS currently supports over 5,800 retirement plans, manages about $110 billion in trust assets, oversees $1.3 trillion in fund administration, and serves more than 880,000 participants.
A Wide Range of Services
BPAS provides an extensive suite of services, which includes Workplace Retirement Plans, Actuarial & Pension services, Health Benefits Consulting, IRAs, VEBA/115 Trusts, Health & Welfare Plans, Fiduciary services, Collective Investment Funds, Fund Administration, and Institutional Trust. Additionally, BPAS specializes in various practices, including Auto Enrollment Plans, Multiple Employer Trusts/Plans, and different pension schemes.
Subsidiary Operations
Among its subsidiaries, BPAS manages entities such as BPAS Trust Company of Puerto Rico, Global Trust Company, Hand Benefits & Trust, and NRS Trust Product Administration.
Contact and More Information
As a solution-focused national entity, BPAS embraces the motto "Solving Tomorrow's Benefit Challenges Today." To learn more about their innovative services, you can visit bpas.com for further details.
Frequently Asked Questions
What are the NAPA Advisors' Choice Awards?
The NAPA Advisors' Choice Awards are held annually to honor the top retirement plan recordkeepers, based on insights from advisors.
Why is BPAS recognized?
BPAS is recognized for its strong commitment to quality, providing comprehensive retirement plan services that achieve high ratings in various categories.
How does BPAS assist clients?
BPAS simplifies the management of retirement plans by offering integrated solutions and dedicated support tailored for each client, enhancing efficiency and satisfaction.
What services does BPAS provide?
BPAS offers a diverse range of services, including retirement plans, benefit plans, fund administration, and trust services customized to meet client needs.
Who can benefit from BPAS services?
Clients of all types and sizes, particularly those managing a variety of retirement plans, can benefit from the streamlined and supportive services provided by BPAS.
