Press Release

BPAS Partners with the SS&C Automatic Rollover Program to Enhance Retirement Plan Servicing

Issued by BPAS

Dec. 19, 2023

BPAS, a leading provider of retirement and benefits administration services, is pleased to announce its AutoRollovers service has joined with SS&C Technologies’ Automatic Rollover Program (ARP). SS&C’s pioneering platform is designed to revolutionize the servicing needs of Third-Party Administrators (TPAs), recordkeepers, advisory firms, and plan sponsors.

BPAS AutoRollovers provides a hassle-free IRA solution designed for terminated participants facing mandatory distributions from their retirement accounts. This service simplifies the management of mandatory distributions for plan sponsors, with the added benefit of a fully automated distribution process for plans utilizing the BPAS platform. Offering a comprehensive one-stop solution, AutoRollovers saves both time and money.

The collaboration between BPAS AutoRollovers and SS&C’s ARP aims to simplify and streamline the administration of mandatory rollovers at the plan level, providing an efficient and user-friendly solution.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.