Experts in Payment Processing and Retirement Distribution Services

Within the retirement plan space, PenChecks Trust is known as the experts in payment processing and retirement distribution services. We offer a broad line of retirement plan distribution products and services to clients within the industry.

Our innovative retirement distribution services include:

We provide a myriad of solutions to help you save time, eliminate costs, and reduce risk so you can manage your plan(s) more effectively.

Your Satisfaction Is Our #1 Goal

From small TPA firms to large financial institutions, PenChecks Trust provides full service retirement distribution and custodial solutions to a wide range of industry clients.

Institutions. Streamline your entire payment distribution process with PenChecks Trust. Our scalable technologies and compliance expertise can easily handle distribution processing and custodial services for even the largest institutions.
TPAs/Plan Consultants. PenChecks Trust takes time-consuming retirement plan distribution processing tasks off your plate so you can focus on providing better service to your clients and growing your business.
Advisors. From IRA rollover services to complete missing participant solutions, PenChecks Trust makes it easy for advisors to help their clients manage the mechanics of retirement plan distributions.
Plan Sponsors. PenChecks Trust safely handles all the mechanics of your retirement benefits distribution needs, including payment processing, processing tax withholding, remittance and filing, and more. We can also assist you in terminating plans by helping to locate and cash out missing plan participants.
Plan Participants. PenChecks Trust’s secure technology platform includes a proprietary participant benefit election website that makes it easy for plan participants to manage and receive plan distributions while protecting their retirement savings.

PenChecks Trust is passionate about providing the best customer service in the industry. We work hard to ensure your plan participants have a great user experience so you can focus on higher value-added services for your clients. Most important, we help those who have fiduciary responsibilities meet and maintain those responsibilities.

For fast, efficient service for all your retirement plan distributions, contact PenChecks Trust today at 800-541-3938.

To catch up on the latest happenings in the retirement plan industry and what it could mean to your business visit our blog page in the PenChecks Trust Online Learning Center.

Client Testimonials

PenChecks has been a trusted reliable partner since 2011. They effectively handle benefits distribution processing for each of the 700 plans we manage. They have an excellent client services team, and I can always count on them to do what they say they’re going to do… more Anna Guilmette, Administrator Cornerstone Group

PenChecks is great to work with. They’re fast, responsive, and, most of all, accessible. It’s nice to be able to talk to a person and not a recording. Now, we can do more for our clients and leave the rest to PenChecks… more Cynthia Bennett, Administrator Hicks Pension Services

I feel a huge sense of relief working with PenChecks. They do a great job at efficiently processing a lot of 1099R’s as well as Federal/State withholding payments so we don’t have to worry that it gets done right. PenChecks saves me time and lets me refocus on other projects that add value to our clients in different ways. I would strongly recommend working with PenChecks. more Susan Troiano, Loan and Withdrawal Supervisor Kravitz, Inc.

PenChecks has given my firm the confidence to compete with much larger institutions because we can now offer a superior and scalable distributions processing platform. They have an excellent client services team and their sales team will go out of their way to support our business… more Marcus Piquet, Managing Member American ESOP Advisors LLC

They were easy to work with, understood our urgency and effectively executed the required procedure. PenChecks did what they said they would do and they delivered for us… more John Ganahl, CFO Ganahl Lumber

PenChecks is friendly, very responsive and knowledgeable. They handle complex situations quickly and expertly and handle thousands of small details so we don’t have to worry… more Judy Richardson, Vice President & Senior Manager – Pension Services Kidder Benefits Consultants

Retirement Industry

Experts in Payment Processing and Retirement Distribution Services

Within the retirement plan space, PenChecks Trust is known as the experts in payment processing and retirement distribution services. We offer a broad line of retirement plan distribution products and services to clients within the industry.

Your Satisfaction Is Our #1 Goal

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Client Testimonials