Recordkeepers • NAPA Firm Partners
BPAS
Empower Retirement
Utica, NY • BPAS.com
Greenwood Village, CO • www.empower-retirement.com
Key Contact(s)
Key Contact(s)
Elizabeth Kaido • 315.292.6939 • ekaido@bpas.com Sales • 1.866.401.5272 • trustsales@bpas.com
Firm Profile BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, $100 billion in trust assets, $1.3 trillion in fund administration, and more than 450,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
Primary Market(s) Served
Ken Munro • 303.737.0909 • ken.munro@empower-retirement.com Brian Connolly • 303.737.1777 • brian.connolly@empower-retirement.com Chris Doucet • 617.535.8978 • christopher.doucet@empower-retirement.com
Firm Profile Empower Retirement has provided innovative financial services solutions in plan administration design, enrollment services, recordkeeping, communications and investment options to public, corporate and nonprofit employers. As the second-largest retirement plan provider in the United States, serving more than 9.7 million participants and over 40,000+ plans with more than $661 billion in assets, we have the experience and scale to meet and exceed your needs, your clients and the needs of their employees.
Primary Market(s) Served Plans/Participants Served by Type [As of 6/30/20]
NAPA BLACK BOOK 2020
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401(k) ......................................................................... 2,637 / 179,755 403(b).............................................................................. 396 / 88,178 457.................................................................................... 238 / 2,701 Cash Balance ................................................................. 560 / 25,850 Defined Benefit (Traditional) ........................................... 141 / 76,117 Money Purchase.................................................................... 10 / 931 NQDC ............................................................................. 235 / 24,987 Other............................................................................... 953 / 95,722
Total Assets Administered $10,000,000,000
Plans by Channel [Direct / Advisor] 45 / 3,992
Platforms Used Proprietary platform trading with the NSCC.
Asset Allocation Funds We offer open architecture on investments.
Advisor Support Services External Wholesalers Focused on Advisors ...................................... 9 External Wholesalers Focused on Institutional ................................. 9 Internal Wholesalers Focused on Advisors ..................................... 11 Internal Wholesalers Focused on Institutional ................................ 11 Compliance Support • Plan Benchmarking • Target-Date Evaluation Tools • Training for DC Plan Sales/Service • Investment Committee Meetings
Participant Support Services Rollover Services • Call Center Support • Facebook Page • Smartphone Access to Participant Balances • Smartphone Transaction Access for Participants
Plan Sponsor Service(s) Available Dedicated Plan Consultant • Streamlined Administration • Online Enrollment • Eligibility Determination • On-demand Reporting • Online Account Management • Loan Administration • Employee Education • Auto Enrollment/Escalation • Fiduciary Services • Payroll Integration
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Plans/Participants Served by Type [As of 6/30/20] 401(k) .................................................................... 33,588 / 6,296,017 403(b)......................................................................... 3,420 / 599,960 457.......................................................................... 1,489 / 1,455,689 Cash Balance .............................................................................. 0 / 0 Defined Benefit (Traditional) ........................................................ 0 / 0 Money Purchase........................................................ 1,020 / 919,369 NQDC ............................................................................. 369 / 27,968 Other............................................................................. 487 / 373,250
Total Assets Administered $661,000,000,000
Plans by Channel [Direct / Advisor] -/-
Platforms Used Empower Recordkeeping Platform
Asset Allocation Funds An open architecture platform that offers over 17,000 funds.
Advisor Support Services Compliance Support • Plan Benchmarking • Target-Date Evaluation Tools • Training for DC Plan Sales/Service • Investment Committee Meetings
Participant Support Services Rollover Services • Call Center Support • Facebook Page • Smartphone Access to Participant Balances • Smartphone Transaction Access for Participants
Plan Sponsor Service(s) Available • Online Administration System • Comprehensive Suite of Investment Products • Retirement Readiness and Plan Analytics • Plan and Investment Reviews • Online Reporting and Information • Empower Retirement Security Guarantee
11/19/20 1:20 PM