Retirement Plans
Defined Benefits
BPAS helps employers simplify every aspect of their Defined Benefit (DB) plan, bringing actuarial expertise, technology, and hands-on support together under one roof. With one provider, one platform, and one dedicated team–you get clarity, consistency, and confidence at every step.
What We Do
What Defined Benefit services does BPAS provide?
We combine actuarial precision with practical administration, helping employers manage long-term obligations, stay compliant, and deliver on their retirement promises.
Our services include:
- Actuarial & Compliance Services
Funding and financial reporting valuations (FASB/ASC, GASB, SAP, IAS), PPA certifications, and full plan compliance, plus audit and regulatory support.
- Plan Consulting & Risk Management
Forecasting, modeling, and cost analysis to strengthen funding strategies, manage liabilities, and align with business goals.
- De-Risking & Termination
Lump-sum offerings, annuity purchases, and other pension risk transfer solutions to reduce volatility and long-term exposure.
- Participant Services
Benefit certifications, statements, and secure online access supported by a dedicated BPAS service team.
Whether you prefer a fully bundled solution or want to maintain existing partnerships, BPAS gives you the flexibility to choose the model that fits your organization best.
Why Choose Us
Why choose BPAS for Defined Benefits?
For more than 50 years, BPAS has helped employers manage defined benefit plans with confidence. We support hundreds of single-employer, multiemployer, public, and church plans with open-architecture guidance that puts your goals first, not proprietary products.
Employers and partners alike trust BPAS for expert actuarial insight, streamlined administration, and secure technology–all backed by a U.S.-based team that knows your plan inside and out.
What We Offer
What Defined Benefit solutions does BPAS offer?
Built around your needs, we provide flexible, expert-driven solutions supported by credentialed actuaries and secure, compliant systems.
DB 360 – Fully Bundled Solution
Save time and reduce administrative complexity with an all-in-one approach. DB 360 integrates actuarial, administrative, communication, and investment services, streamlined under one point of contact.
PensionEase – Unbundled Administration
If you already have recordkeeping or investment partners, PensionEase provides unbundled outsourcing with or without participant services. You get the same BPAS precision and support–on your terms.
Plan Types We Support
What plan types does BPAS support?
We support a full range of defined benefit and hybrid plans, including:
- Traditional & Hybrid DB Plans
- Cash Balance Plans
- Combination Plans with 401(k) Profit Sharing
- Solo & Small-Employer Plans
- Prevailing Wage Plans
- Executive & Supplemental Plans (SERP, 409A, 457(b), 457(f))
- Public Sector & OPEB Plans
- Multiemployer & Church Plans
Looking for something custom?
Explore Defined Contribution Plans to build a comprehensive retirement program around your organization’s goals.
Ready to simplify your Defined Benefit plan?
BPAS delivers the people, technology, and experience to help you manage your plan with confidence. Contact our team at [email protected] or 1-866-401-5272.
Frequently Asked Questions
Defined benefit plans can benefit companies of all sizes. BPAS works with employers and financial intermediaries to understand business goals and design a retirement solution that supports both the organization and its employees.
Defined benefit plans offer higher contribution limits than defined contribution plans, making them an effective tool for owners and highly compensated employees. They also help employers attract and retain talent while supporting long-term retirement security for employees.
No. While traditional pension plans still exist, defined benefit plans have evolved to include flexible designs such as cash balance and hybrid plans. BPAS evaluates your goals and workforce to recommend a modern structure that fits your needs.
BPAS administers frozen defined benefit plans by managing benefit payments, maintaining asset allocations, and completing required testing and compliance filings—reducing ongoing administrative burden.
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