2020
Recordkeeping Survey

Providers

BPAS

www.bpas.com
Assets ($MM) by Plan Type
Ranked #38$10,156
401(k)60%
403(b)19%
457 1%
NQDC1%
Other19%
Participants by Plan Size
Ranked #35297,500
<$10MM46%
$10MM – $50MM27%
>$50MM – $200MM20%
>$200MM7%
Plans by Count
Ranked #303,688
% Third-party administration
<1%
Related Offerings
HSA integrationDirect
Student Loan Repaymentvia 3rd party
Financial wellness options1
Service Offerings
New client restrictionsNone
Multiple service modelsNo
Offers corporate trustee servicesYes - direct offering
# of internal ERISA counsel0
Will act as §3(16) fiduciaryYes - direct offering
Participant Services
Call center hoursWeekdays: 8 a.m. - 8 p.m. ET
Online chat supportNo
Mobile app
Managed account optionsProprietary offering
Retirement Income
Displays retirement income estimate on statements
Offers in-plan guaranteed retirement income productsNo
Offers out-of-plan annuity bidding serviceYes
Recordkeeping PlatformFIS Omni