401(k) Industry and Its Impact on BPO of Bangladesh

Abstract

Datapath Ltd is a BPO company that works under July Business Services. A July Business service provides retirement plan benefits to the citizens of USA. There are other TPA firms that are arranged by July services and handle their RPF activities to Datapath. Datapath is the first registered BPO Company in Bangladesh that has started its journey in 401(k) industry. Since they are providing their services effectively and efficiently, other TPA clients are arranged by July business Services. This RPF industry might have an immense impact on overall outsourcing industry in Bangladesh. USA and clients are investing in 401(k) industry since its showing appositive growth in both stock market and individual’s financial security. The entire asset gained from RPF funds are worth 10 million around the globe.