Cut Costs, Reduce Risk with PenChecks Trust ESOP Services

Thank you for your interest. We hope you will find these 10 tips useful!

Improve the Health of Your Retirement Plan

Want to lower plan costs while improving plan efficiency? Download our free checklist: 10 Tips for A Healthier ESOP Retirement Plan.

Download The 10 Tips now from PenChecks Trust:

Managing retirement plan distributions can be a complex, time-consuming process for ESOP companies, especially with the distribution payments required for terminated employees.

PenChecks Trust can help streamline this important process while reducing fiduciary risk and even lowering costs. As the leader in benefits distribution processing, we offer a complete line of ESOP Distribution Services, including:
  • Benefit election processing
  • Participant payment distribution processing
  • Tax withholding and reporting
  • Participant searches
  • Missing Participant/Default IRA programs
  • Uncashed distribution check service
  • Dividend payment processing

Save Time, Increase Profits

PenChecks Trust expert distribution services help your staff work faster and more effectively.
  • Our participant searches, benefit election processing and other ESOP services help you work more efficiently by streamlining the process and minimizing interaction with plan participants.
  • Our fast, efficient distribution processing reduces your administrative workload while eliminating postage, printing and handling costs.
  • Our DOL-compliant distribution processing helps you avoid exposure to tax withholding, payment and reporting penalties.

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PenChecks - Save Time, Reduce Risk, and Lower Operating Costs: Call 800.541.3938 or .