Our Services

BDS offers the design, communication, implementation and administration of retirement plans, group insurance plans and flexible benefit plans to over 550 entities.  Our strength is in plan design choosing from the most current options available that are the most cost effective for our clients.

Group Insurance Plans offered include:

 Group Insurance:

• Medical (Fully Insured/Alternate Funding)
• Health Savings Accounts (HSAs) and Health Reimbursement Accounts (HRAs)
• Dental
• Life/AD & D (Non-Contributory/Voluntary)
• Disability (Non-Contributory/Voluntary/NYSDBL)
• Long Term Care

Flexible Benefits:

• Premium Conversion
• Flexible Spending Accounts
• Opt-Out

 Individual Medicare Plans

• Medicare Advantage Plans
• Medicare Prescription Drug Plans
• Medicare Supplement Plans

Qualified Retirement Plans offered include:

Profit Sharing:

• Salary Ratio
• Integrated
• Age Based
• New Comparability
• 401(k) Traditional, Roth (with and without Safe Harbor)
• 414(h) Pickup

Pension:

• Split funded Defined Benefit
• Fully insured Defined Benefit [412(e)(3), formerly 412(i)]
• Cash balance Defined Benefit
• Money Purchase
• Target Benefit

Other Plans:

• SEP
• SIMPLE
• 403(b)
• IRA