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Service Benefit Plan Administrative Services Corp. Retirement Plan
Benefit Plans Administrative Services, Inc. (BPAS) operates as a national provider of retirement plans, benefit plans, fund administration, and institutional...
Service Benefit Plan Administrative Services Corp. Retirement Plan
Benefit Plans Administrative Services, Inc. (BPAS) operates as a national provider of retirement plans, benefit plans, fund administration, and institutional trust services. The firm simplifies benefit-plan services with solutions from one company. BPAS supports 6,100 plans, $110 billion in trust assets, and over 910,000 participants with actuarial and pension services, health benefit consulting, and fiduciary services.
General information
Firm type
Pension Fund
Year founded
1973
Location
Region
North America
Country
United States
City
Owings Mills
Corporate office
6 Rhoads Drive #7, Owings Mills, NY, United States
Principals
Usha Nakhasi
Executive
Robert Quarterman
VP of Infrastructure Architecture and Technical Services
Sector focus
Frequently asked questions
Who sponsors the Service Benefit Plan Administrative Services Corp. Retirement Plan?
CareFirst BlueCross BlueShield sponsors the plan. SBPASC functions as a subsidiary of CareFirst.
Who administers the retirement plan?
Benefit Plans Administrative Services, Inc. (BPAS) serves as plan administrator and recordkeeper. BPAS is a wholly-owned subsidiary of Community Bank System, Inc.
What assets does the plan cover?
The plan forms part of the BPAS platform that supports 6,100 plans and $110 billion in trust assets for over 910,000 participants.
What services does BPAS provide to the plan?
BPAS supplies actuarial and pension services, health benefit consulting, fund administration, and institutional trust services.
How is the plan connected to the Blue Cross Blue Shield Association?
SBPASC administers the Federal Employee Program for the Blue Cross Blue Shield Association under a business-partner relationship.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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