BPAS

BPAS, Incis a wholly-owned subsidiary of [redacted] ***( [redacted] ***)BPAS is primarily in the business ofproviding employee benefits administration and trust services, actuarial and consulting services to customers on a nationalscaleWe have been providing administrative services to the referenced [redacted] Saving plan since Theparticipant information maintained on our recordkeeping platform is/was provided by the plan sponsor or the prioradministratorUnfortunately, since a number of different addresses have been reported for the account youreference, including the address listed on your Revdex.com complaintAfter receiving your complaint we contacted the sponsorand they confirmed that there is a [redacted] *** who is an active member in [redacted] , MN and also provided us with anew address for the accountFuture statements will be mailed to the new address on file.We sincerely regret and apologize for any confusion caused by this mishap.Please feel free to contact me directly with any questionsI can also provide you with contact information for the plansponsor if you would like to speak with them.Sincerely,Linda [redacted] SVP, Recordkeeping and Trading Services [redacted]

We have received your letter pertaining to the above referenced complain (copy is included into theletter).BPAS provides third party administration services for employers that sponsor qualified retirement plans.Payroll deductions contributed to the retirement plan on behalf of an eligible employee is performed bythe plan sponsor.MrMitchell is an employee of a company that sponsors a Qualified 401(k) Plan which provides forautomatic enrollment and a default investment fundEligible employees receive information regardingthe enrollment process, information about the default investment fund and fees associated with planadministrationEach participant has the opportunity to reduce their payroll deduction to 0% at anytimeand also has the ability within days of the first payroll deduction to opt-out of participation byrequesting the return of the deductions that took place in that time periodAdditionally, each payrollperiod the employee is notified on their payroll documentation of the amount deducted andcontributed to the 401(k) Plan on their behalf.Investment fund performance as well as Internal Revenue Service and Department of Labor disclosuresare provided on the retirement plan website to which each participant has full accessOnce investedthe contributions are subject to stock market fluctuation and administration fees.The necessary action by the participant to make election within the day opt-out period wasn't taken.At this time his account balance may be distributed to him upon his termination from the employer.If you have any questions, please contact me at ###-###-####.Sincerely,Ellen AP [redacted] , QPA, QKARegional Consulting ManagerBPAS Plan Administration & Record keeping Services

BPAS, Inc. is a wholly-owned subsidiary of [redacted]. ([redacted]). BPAS is primarily in the business ofproviding employee benefits administration and trust services, actuarial and consulting services to customers on a nationalscale. We have been providing administrative services to...

the referenced [redacted] Saving plan since 2014. Theparticipant information maintained on our recordkeeping platform is/was provided by the plan sponsor or the prioradministrator. Unfortunately, since 2014 a number of different addresses have been reported for the account youreference, including the address listed on your Revdex.com complaint. After receiving your complaint we contacted the sponsorand they confirmed that there is a [redacted] who is an active member in [redacted], MN and also provided us with anew address for the account. Future statements will be mailed to the new address on file.We sincerely regret and apologize for any confusion caused by this mishap.Please feel free to contact me directly with any questions. I can also provide you with contact information for the plansponsor if you would like to speak with them.Sincerely,Linda [redacted]SVP, Recordkeeping and Trading Services[redacted]

We have received your letter pertaining to the above referenced complain (copy is included into theletter).BPAS provides third party administration services for employers that sponsor qualified retirement plans.Payroll deductions contributed to the retirement plan on behalf of an eligible employee...

is performed bythe plan sponsor.Mr. Mitchell is an employee of a company that sponsors a Qualified 401(k) Plan which provides forautomatic enrollment and a default investment fund. Eligible employees receive information regardingthe enrollment process, information about the default investment fund and fees associated with planadministration. Each participant has the opportunity to reduce their payroll deduction to 0% at anytimeand also has the ability within 90 days of the first payroll deduction to opt-out of participation byrequesting the return of the deductions that took place in that time period. Additionally, each payrollperiod the employee is notified on their payroll documentation of the amount deducted andcontributed to the 401(k) Plan on their behalf.Investment fund performance as well as Internal Revenue Service and Department of Labor disclosuresare provided on the retirement plan website to which each participant has full access. Once investedthe contributions are subject to stock market fluctuation and administration fees.The necessary action by the participant to make election within the 90 day opt-out period wasn't taken.At this time his account balance may be distributed to him upon his termination from the employer.If you have any questions, please contact me at ###-###-####.Sincerely,Ellen A. P[redacted], QPA, QKARegional Consulting ManagerBPAS Plan Administration & Record keeping Services