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Get to know U.S. BENCOR/MidAmerica

Founded in 1995, MidAmerica is a leading third-party administrator for retirement and employee benefit plans, primarily serving the government and education sectors across the United States. The company is a division of U.S. OMNI & TSACG Compliance Services, which is part of the larger U.S. Retirement & Benefits Partners (USRBP) network. They specialize in administering benefit plans such as 403(b) and 457(b) retirement plans, Health Reimbursement Arrangements (HRAs), and Flexible Spending Accounts (FSAs). The "U.S. BENCOR" brand specifically refers to their Special Pay and FICA Alternative Plans, which are designed to help governmental employers and their employees save on taxes.

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U.S. BENCOR/MidAmerica

United States

Founded in

1995 (31 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.