BPA

What BPA does

BPA (Benefit Programs Administration), operating under legal entity Management Applied Programming, Inc., is a private Los Angeles-based third-party administrator founded in 1948 that delivers fund administration services to multi-employer and single-employer benefit trust funds. The company is family-owned and headquartered at 1200 Wilshire Blvd, Fifth Floor, Los Angeles, with a disclosed headcount of 51–100 employees.

The firm earns revenue through professional-services fees across three service lines: Fund Administration Services (record-keeping, contributions processing, accounting, reconciliations, document management, and reporting); Health & Welfare Administration (eligibility processing, enrollment, dental/vision, claims processing, VEBA/HRA, and retiree medical trust administration); and Retirement Services Administration (financial intermediary coordination, distributions, statements, financial reports, and tax filings). All pricing is negotiated bilaterally with plan sponsors based on plan size and complexity; pricing is not publicly disclosed. The technology layer is a proprietary web platform exposing four role-based portals — Administrator, Employer, Participant, and Trustee — hosted at member.bpabenefits.com, ec.bpabenefits.com, and secure.bpabenefits.com, providing document management, contribution submission, eligibility verification, and fund performance reporting.

Go-to-market is enterprise field sales targeting trustees, plan sponsors, and union representatives, supplemented by thought leadership and annual IFEBP conference participation. Primary verticals are Construction and Food Service industries, where BPA has built 70+ years of operating tenure, alongside broader Union and Employer Fund Professionals. No acquisitions, partnerships, funding rounds, or external institutional ownership have been disclosed.

Name

BPA

Legal name

Management Applied Programming, Inc.

Website

https://bpabenefits.com

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

51–100 employees

Short description

BPA (Benefit Programs Administration) is a private, family-owned Los Angeles third-party administrator founded in 1948 that provides fund administration, health and welfare, and retirement plan services to multi-employer benefit trust funds, primarily in the Construction and Food Service industries, via a proprietary four-portal web platform and high-touch service model.

Ownership category

akta.pro rank

Product category

Third-Party Benefit Plan Administration

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

Self-Funded Employer Plan TPA (ASO Administration) (HLAEALAA)

akta.pro secondary industries

Ancillary Benefits TPA (Dental/Vision/Life/Accident/Critical Illness) (HLAEALAN), Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises) (HLAEALAJ)

Keywords

• Third-party administration
• Multi-employer benefit plans
• Fund administration services
• Health and welfare administration
• Retirement plan administration

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fund Administration Services: Third-party administration fees for managing multi-employer benefit plans including record-keeping, document management, employer/employee contributions processing, accounting, payables/receivables, and report generation.
2. Health & Welfare Administration: Fees for eligibility processing, enrollment services, claims processing, adjudication and distributions, VEBA/HRA services, and retiree medical trust administration.
3. Retirement Services Administration: Coordination of financial services intermediaries, distribution of monies and benefits, statement generation, financial report preparation, and tax notices/filings.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

BPA is a third-party administrator (TPA) that delivers fund administration, health and welfare administration, and retirement plan administration services for single and multi-employer benefit trust funds, primarily serving the construction and food service industries. Services include record-keeping, document management, employer/employee contribution processing, eligibility and enrollment, claims adjudication, financial reporting, retirement benefit distribution, and tax filings. Administration is delivered through a proprietary four-portal online platform that gives trustees, employers, participants, and fund managers role-specific access to reporting, document management, contribution processing, eligibility verification, and claims tools.

Product overview

BPA offers a proprietary web-based platform with four integrated online user portals (Administrator Portal, Employer Portal, Participant Portal, and Trustee Portal) complemented by three core service offerings (Fund Administration, Health & Welfare Services, and Retirement Services). The portals serve different user roles—fund managers, employers, participants, and trustees—providing role-specific functionality for benefits administration, claims processing, eligibility verification, document management, and reporting. The service offerings provide the human-delivered administrative support that complements the technology platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Administration Services Comprehensive fund administration for single and multi-employer benefit trust funds, including record-keeping, document management, employer/employee contributions processing, accounting and reconciliations, payables and receivables, cash management, loan services, review and dissemination of disclosures, and report generation and distribution.
• Health and Welfare Services Health benefits administration covering eligibility processing, automatic and online enrollment, cafeteria health plan services, dental and vision services, claims processing, adjudication and distributions, VEBA/HRA services, and retiree medical trust services.
• Retirement Services Retirement plan administration including coordination of financial services intermediaries, distribution of monies and benefits, generation and distribution of participant statements, preparation of financial reports, and preparation of tax notices and filings.
• Administrator Portal Proprietary web-based portal for fund managers providing visual snapshots of trend lines such as health benefits and paid claims statistics for monitoring and analysis.
• Employer Portal

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Milliman: Global actuarial and consulting firm with a large benefits administration and multi-employer practice. Targets similar union and multi-employer plan customers with broader advisory capabilities than BPA's pure administration focus.
• Ascensus (formerly Citi Institutional Investors): Large recordkeeping and administration provider for retirement, education, and ABLE savings programs. Direct overlap with BPA's Retirement Services line and increasingly the multi-employer retirement plan market.
• Segal Group: Major independent consulting and benefits administration firm serving multi-employer, public-sector, and corporate plan sponsors. Larger, broader incumbent that competes with BPA for trustee relationships and offers actuarial consulting alongside administration.
• CBIZ Benefits & Insurance Services: National benefits brokerage and administration firm offering TPA, consulting, and benefits administration services. Competes for the same employer-sponsored plan customers as BPA but at significantly larger scale and broader service scope.

Emerging players

• PlanSource Benefits Administration: Cloud-native benefits administration platform focused on employer benefits and voluntary benefits enrollment. Represents the technology-led emerging competitive threat to traditional TPAs like BPA, with stronger capabilities in benefits technology and employee experience.

Direct peers

• Zenith American Solutions: One of the largest independent multi-employer TPAs in the U.S., administering Taft-Hartley and jointly trusteed benefit plans for labor unions and employers. Direct peer because it competes head-to-head with BPA for the same multi-employer construction and trade plan clients.
• WageWorks (HealthEquity): Large benefits administration platform covering COBRA, FSA, HRA, commuter, and VEBA administration. Overlaps with BPA's Health & Welfare service line, particularly VEBA/HRA administration, and serves many of the same employer and union fund customers.
• Allied Benefit Systems: Independent TPA administering health, welfare, and retirement benefits for self-funded employer and multi-employer plans. Comparable scale and service mix to BPA, with similar proprietary technology positioning.
• Apex Benefits: Mid-market third-party administrator providing health and welfare, retirement, and plan management services to employer-funded and multi-employer plans. Directly comparable operating model and customer profile to BPA.
• BenefitPlan Services: Third-party administrator specializing in multi-employer health and welfare benefit plans. Directly comparable to BPA on target customers (union trustees, multi-employer trust funds) and service scope (benefits administration, claims processing).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bpa-benefit-programs-administration-

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BPA