Utica, NY (June 26, 2019) — BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts, is expanding its Puerto Rico service team. Effective July 1, 2019, Steven Graciani will join BPAS Trust Company of Puerto Rico as a Relationship Manager based in San Juan.
Graciani will service PR plan sponsors and financial advisors associated with the BPAS PR 1081 business. His role will focus on onboarding new plans, client and financial advisor training, plan audit support, and general client communication. Graciani has spent the past 15 years working with plan sponsors in PR. He has extensive experience with BPAS services and clients.
“We are excited to have Steven join the BPAS team,” said Alfredo Matheu, President of BPAS Trust Company of PR. “Through a strong combination of expertise in local regulations, PR Trust capacities, DC and DB services, and local staff, BPAS is uniquely positioned to assist plan sponsors with operations in PR.”
“For the past 20 years, BPAS has worked with numerous financial institutions and advisors to provide retirement plan services to the PR community. Our model of recordkeeping, actuarial, compliance, trustee and paying agent services under ‘one company, one call,’ provides for a compelling offering,” said Barry Kublin, BPAS CEO.
About BPAS
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 3,800 retirement plans, including numerous multinationals, $77 billion in trust assets, $1 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.
The BPAS family of services includes: Plan Administration & Recordkeeping, TPA, Actuarial & Pension, VEBA & HRA/HSA, Fiduciary, AutoRollovers & MyPlanLoan, Healthcare Consulting, Transfer Agency, Fund Administration, Custody, and Collective Investment Trusts.
Specialty practices include: Auto Enrollment Plans, Multiple Employer Trusts/Plans, Plans with Employer Securities, Puerto Rico Section 1081 Plans, VEBA HRA Plans, Cash Balance Plans, Collective Investment Trusts, and Fund Administration.