ED Magedson – Founder
BPAS FECTEAU BENEFITS GROUP kEPT ALL 106.98. bpas kept all the money. CHARGES 50.00 TO TRANSFER TO ANOTHER fund "INTERNET"
My former employer without my permission closed and transfered retirement account of 126.98 to BPAS. BPAS charge $5.00 a month fee an accounts lesss than $3000.
my first statement came with a 19.50 charge. I wanted to transfer the money to my fidelity account , Bpas wanted a fifty dollar charge and then have a policy to refused to disburse less than fifty dollars, Therefore they kept the entire rollover of 126.98.
This report was posted on Ripoff Report on 07/18/2014 03:28 PM and is a permanent record located here: http://www.ripoffreport.com/r/BPAS/Select-StateProvince/BPAS-FECTEAU-BENEFITS-GROUP-kEPT-ALL-10698-bpas-kept-all-the-money-CHARGES-5000-TO-TR-1163224. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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