The PenChecks® Difference

The #1 Choice in Outsourced Retirement Distribution Solutions

As a leader in retirement plan distribution services, our end-to-end benefits distribution solutions:

  • Save you time and money
  • Reduce your administrative workload
  • Help minimize your fiduciary risk
  • Help keep you compliant

Our Plan Distribution Services include everything from benefit election processing and recurring payment options, to tax filing services and Missing Participant, Uncashed Check and Automatic Rollover IRA solutions.

Safety. Security. Compliance.

Our fully compliant retirement payment processing services protect your business while helping you uphold your fiduciary responsibilities.

  • Distributions are made on time for the right amount
  • Tax payments are processed daily to ensure deadlines are met
  • We keep current with all retirement plan distribution regulations
  • Simple, upfront fee structures with no hidden charges or extra costs
  • Automatic Rollover and Missing Participant IRAs are Safe Harbor compliant
  • PenChecks Trust® is a state-chartered, non-depository trust company regulated by the South Dakota Division of Banking
  • We use high-level encryption and deploy various systems, software and appliances that work around the clock to help protect your sensitive data

Dedicated Problem Solvers

  • We make life easier by making retirement plan payment processing easier
  • We hire and train people who thrive on helping others
  • We strive to solve your retirement distribution problems
  • With fast response and expert support, we’re there when you need us

Whether you need help with a single process or a complete benefits distribution solution, we tailor our service offerings to meet your unique needs.

Save Time. Lower Costs. Reduce Risk. Call 800.541.3938 / Schedule a Consult.

A History of Leadership and Innovation

Since day one, PenChecks has set the standard for innovative retirement plan distribution products and services. For more than 25 years, we’ve led the way with a long list of retirement plan distribution industry “firsts”, including:

  • First outsourced method for efficiently processing retirement plan distributions
  • First independent online benefit distribution processing system
  • First commercially available Automatic Rollover/Missing Participant IRA Programs
  • First online participant benefit election website
  • First automated solution for abandoned plans

We continue to develop new processing technologies that assist you in staying compliant today, and ready for the challenges of tomorrow.

Fast, Friendly Customer Service for You

We are dedicated to making retirement distributions simple and easy.

  • We make it easy to set up accounts, process payments, track funds and more
  • We offer bilingual support in English and Spanish
  • We process distributions in all 50 states and U.S. Territories

TLC for Plan Participants

We work hard to give your plan participants a simple, stress-free distribution processing experience.

  • Simple, intuitive online benefit elections
  • Phone support when making benefit elections
  • Help in finding and claiming lost retirement plan assets

For fast, safe, affordable benefit distribution solutions, call us today at 800.541.3938. Or, make an appointment to speak with one of our knowledgeable Regional Sales Directors.

We Make it Easy.

Fast, friendly expert service.

We’re here to help. Call 800.541.3938 / Schedule a Consult