Qualified Loan Processing from MyPlanLoan, a BPAS Service

Benefit Plans Administrative Services (BPAS) is dedicated to the improvement of qualified loan processing for the benefit of the recordkeeper, plan sponsors, and participants through its automated loan processing program, MyPlanLoan (MPL). With MPL, recordkeepers are freed of the burden of loan processing and plan sponsors are relieved of payroll problems that accompany employee loans. MPL ultimately provides participants with greater flexibility, and control, of their loan repayment obligations. Our automated distribution processing eliminates nearly all paperwork and removes the administrative burden from you and your staff, freeing up valuable time and resources for you to focus on growing your business and servicing your clients.