There are many good reasons why PenChecks Trust® has some of the most loyal clients in the retirement plan industry.
Note: Testimonial comes from the Latin word testimonium, meaning “evidence or proof provided”. We think that’s a great definition!
In addition to doing what they say they’re going to do, PenChecks is easy to work with. Their staff is very responsive, and they’re good with our clients. One of our core values is being responsive to clients, and we won’t work with a partner that doesn’t feel the same way. PenChecks makes our staff more efficient and our clients happy. That’s what I call a win-win relationship.
Peter Shuler, Partner and Head of ESOP Practice
PenChecks has a very efficient process for locating terminated participants and providing Automatic Rollover IRA services so plan sponsors can move small-balance accounts out of the plan, thereby reducing their fiduciary liability and plan costs.
When I asked PenChecks if they would take the rollover accounts from participants in the 403(b) plan who didn’t respond to our disclosure notice, they took them all right down to the penny.
Dave Nelson, Retirement Plan Advisor
Colton Groome and Co.
After terminating a plan, one of our clients had to make corrective contributions due to an IRS audit. PenChecks processed all the distributions in a timely manner and let us know when the checks were cashed. They also set up Missing Participant IRAs for all missing participants to ensure those assets were properly managed.
The PenChecks staff was easy to work with and they walked me through the entire process. Overall, it was a very pleasant experience.
Having PenChecks process plan distributions and year-end tax reporting has been a huge relief – for us and our clients.
The ANGELL Pension Group, Inc.
Working with PenChecks Trust provides a win-win outcome for Greenspan & Associates, Inc., and our clients by reducing our administrative workloads and ensuring that these tedious but important tasks are properly handled.
Michele Zokaie, Documents Specialist
Greenspan and Associates, Inc.
Since switching over to PenChecks, my team has become more productive. It has freed up so much of their time during January when they would have been preparing 1099-Rs. Now they can focus more on servicing our clients. We have been extremely happy with our choice.
TriStar Pension Consulting
Designed for today’s business professionals and delivered by leading experts in their fields, these informative sessions will cover a wide range of retirement plan and business leadership topics.
Our webinars are usually 30 minutes or less, and are available 24/7 so you can view them on your schedule. And we never charge a fee to attend our webinars or watch our videos. It’s part of our commitment to fostering a stronger, well-educated retirement plan industry.