Who We Help

Custom Solutions for Institutions, Retirement Plan Sponsors, Advisors, & Third-Party Administrators

Helping America’s workers save for retirement is a noble profession. It’s also a complex one, where complying with government regulations can lead to inefficient processes and administrative mistakes.

PenChecks Trust® helps you do your job faster, better and for less money. Plan participants get their money in a timely manner so you can focus on more profitably growing your business.

Call 800.541.3938 to speak with a Distribution Specialist today!

Industry-Leading Services

Our innovative payment processing services offer cost-effective solutions for everything from lump sum payouts and recurring benefits to IRA rollovers, missing participant searches, uncashed checks, abandoned plans and more.

As a trusted provider to Plan Sponsors, Third-Party Administrators (TPAs), Advisors, and Institutions, we help you:

Lower operating costs

Reduce compliance risks

Serve your clients more effectively

Dedicate more time to achieving your business goals

Improve Service to Your Clients

Believing that a strong industry benefits us all, we help the following industry sectors serve their clients more efficiently.


Our compliance expertise and efficient technology platforms support the complex requirements of national service providers. We help you:

  • Streamline the distribution process
  • Save time and lower admin costs
  • Focus on core business opportunities

We support your role in working with TPAs, plan sponsors, and retirement plan participants through:

  • Automatic Rollover and Missing Participant IRA solutions
  • Streamlined business operations
  • Tools to build relationships

We handle the important but time-consuming payment processing tasks so you don’t have to.

  • Timely, efficient distribution processing
  • Seamless online benefit elections for participants
  • Streamlined business operations
Plan Sponsors

We process multiple types of payments on your behalf. Our payment processing services include:

  • Distributions and plan terminations
  • Tax payments and filings
  • Participant communication

We provide a safe, secure way to receive your hard-earned retirement funds through:

  • Simple, fast online benefit elections
  • Expert support and education on benefit elections
  • Flexible distribution options (wire, ACH, expedited mail)

Have a Question?

Call 800.541.3938 today to speak with a Service Representative.

We’ve Got You Covered.

Fast, friendly expert service.

Call 800.541.3938 / Schedule a Consult