WHY BEON?

Because we think differently and believe in challenging the status quo with everything we do when it comes to customer service and plan administration.

Partnering with our advisor clients, plan sponsors, and participants to provide best-in-class service has been tantamount to the success of this organization since it was founded in 1976. We exist to serve those we work with. 

We Are Unbiased. We are 100% independent.

Benefits of BEON

Click each fact to show our benefits.

BEON Retirement has been an independent FEE BASED Third Party Administrator since 1976. All of our administrative fees are priced based upon the work effort that will be required of BEON personnel. It makes NO DIFFERENCE to us whether a plan has $10,000 in total assets or $10,000,000 in total assets. Our administrative fees will not change.


BENEFITS

  • Since we are truly fee-based, our fees are known upfront and will not change based on the value of the assets.​
  • In a world where clients are closely analyzing costs based upon total (bp) charged, it can be a very significant price advantage for you to be able to bid on an account without having to include "x" bp's for BEON Retirement​
  • Clients can feel at ease knowing that we are an impartial party servicing plan sponsor and participant needs while the clients retain the ability to model plan asset choices independently and in line with future financial goals. Our focus and goal is providing quality plan administration services on a straight forward “fee-for-service” basis.




BEON Retirement has the capability and flexibility to handle plan assets invested with any Asset Company.


BENEFITS

  • BEON Retirement utilizes Daily Valuation software that has the capabilities to maintain any number of assets that are valued on a daily basis. We currently track over 1000 assets and our list is continuing to grow. If we do not currently maintain an asset that you are interested in using, we can easily add it to our system.
  • Since BEON Retirement is able to maintain any number of assets, this gives you the ability to choose any assets you are interested in using. Besides mutual funds, we also have the ability to maintain Publicly Traded Stock accounts for those clients that offer this plan feature to their employees.
  • Our Daily Valuation software also allows us the unique ability to create new funds to suit your individual needs. We can create a Trustee fund in case your client wants to offer a Trustee Directed option to their employees. We can also name the fund whatever the trustee wishes to call it. This fund will then be maintained just like any other fund held in the account.
  • BEON Retirement has the ability to track and maintain accounts that are frozen. Specifically, we work with a number of RIA's who run into assets with significant back end surrender charges; whether those charges are in the form of 12-B1 charges or life insurance pooled account surrender charges. We currently maintain frozen accounts for a number of clients. These frozen accounts are included on their statements and on the Participant Account Web Access System and Telephone Access System with all of the other funds.




BEON Retirement is flexible to handle any size caseload.


BENEFITS

  • BEON Retirement is able to handle any size case, whether it contains 1 participant or 10,000 participants. Since we are strictly a fee-based company, we are able to service those plans that may not initially involve significant asset holdings. We currently service cases with as few as 1 participant.




BEON Retirement has state of the art software, a Participant Account Web Access System available through a secure web-site, and a Telephone Access System available through a toll-free 800 number.


BENEFITS

  • Allows you the ability to service clients all over the United States thus increasing your prospective client base by not limiting you to a specific geographic area.
  • All assets including company stock and frozen assets are available to be viewed and heard on a daily basis.
  • The variety of options and features available on our Participant Account Web Access System and Telephone Access System are on the cutting edge of technology.




BEON Retirement has the unique ability to create a plan specific to the individual needs of the client. BEON, LLC specializes in the unique case. Other Administrators offer one or two plan formats that a client must fit into, while we can format a plan specifically to fit the needs of the client. We specialize in those clients that do not fit in a generic format.


BENEFITS

  • Increase your client base by giving you the freedom to offer plans to those companies who want an individualized plan.





Our Core Values Drive Us Every Single Day

PEOPLE FIRST
TRUST
EXCELLENCE

350 Sentry Parkway Bldg 620, Suite 220

Blue Bell, PA 19422

Copyright © 2020 BEON Retirement

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