Drawing on more than four decades of experience designing and financing executive benefit and BOLI programs, M Benefit Solutions has developed BOLIPRO®, a robust, proprietary administrative website that includes a variety of features designed to help our bank clients meet numerous compliance and reporting requirements.
Through BOLIPRO®, client administrators have access to a plethora of custom information via a secure, password-protected website. Clients also have the option of providing auditors limited access to the information on the site. Important information available through the website includes:
- Administrative Calendar
- Financial Information
- Benefits-related
- Benefit plan accounting entries (and explanation of methodology)
- Annual imputed income
- Annual FICA (with explanations)
- Insurance-related
- Cash values (download to Excel or Adobe for ease of reporting)
- Yield analysis since inception
- Benefit Plan Information
- Plan documents
- Individual Participant statements
- Risk Evaluation
- BOLI concentration analysis
- Carrier information: ratings, news and financial status
- Peer analysis
- Sample Annual Board Review Memorandum
- Annual Compliance Review
Online demonstrations of BOLIPRO® are available upon request. Email: [email protected] to request a demonstration.
