Your supplemental retirement plans and your investment in BOLI are important matters requiring expert, careful and ongoing attention. The needs and goals of your bank and the executives and directors covered by your benefit plans also change.  As well, new BOLI platforms that lessen risk and give you more control, better credit quality and truer return projections demand your consideration. For these reasons and more, you require more than just data handling typical of some administrative services companies; you require the expert services and excellent service of Bank Services Company. Comprehensive and Affordable Plan Administration Asset Accounting Annual Reviews and Timely Updates

Comprehensive and Affordable Plan Administration

Clients of Bank Services Company enjoy a uniquely efficient administrative support network. A primary and a secondary administrator are assigned to your bank, so that a knowledgeable administrator familiar with your program is available to you whenever you call or email, any time throughout your business day. Administration with your bank’s goals and needs in mind. Plan administrators are organized as a virtual network and work from virtual offices in their homes, eliminating overhead and creating cost savings for clients. Monthly administrative support services include:

	Benefit Liability Accounting: Including expense accruals, liability balances, tax calculations and accompanying journal entries and participant vesting status.
	Plan Participant Statements.
	Post-Retirement Split Dollar Benefit Accruals and journal entries.
	Retirement and Termination Calculations with appropriate journal entries.
	Retiree Planning Including Retiree Participant Statements.

Asset Accounting

Bank Services Company is revolutionizing plan servicing again with sophisticated compliance and administrative support technology and service. To do this, we have partnered with NFP Executive Benefits to deliver asset accounting and insurance policy administration through their proprietary Client Plan Administration Delivery System (CPADS). For more information, please visit the NFP Executive Benefits Website.

Annual Reviews and Timely Updates

Supplemental retirement plans and BOLI investments are important matters requiring expert, careful and ongoing attention. Federal and State regulations evolve as do the requirements to comply with those regulations. Accounting standards that must be adhered to also change regularly.

	Annual administration and compliance updates, including notes for board analysis, impact on earnings report, active vs. former employees report, review of participant salaries and total compensation, plan accruals and applicable death benefits.
	Pre and Post Retirement Planning for plan participants.