Third-Party Administrators & Plan Consultants

Third-Party Administrator Solutions and Payment Processing Services

Processing retirement plan distributions can put a burden on your business by reducing productivity and increasing administrative costs. PenChecks Trust® makes life easier by taking time-consuming (but necessary) payment processing tasks off your plate.

We streamline the entire benefits distribution process, so you can focus on adding value to your clients and growing your business.

Call 800.541.3938 to speak with a Distribution Specialist today!

Solutions for TPAs

With our retirement plan payment processing services, you can:
  • Rely on us to contact plan participants
  • Eliminate the need to become expert in 1099-R and other IRS filings
  • Eliminate burdensome tax time and end-of-year work
  • Free up your staff to focus on higher-value activities

You can stop worrying about whether plan sponsor clients are properly handling tax payments because we process them for you!

Retirement Plan Payment Processing Services:

Friendly, Personalized Service

Our TPA and plan consultant services come with a level of customer service you might not expect. We:

  • Provide one point of contract throughout our relationship with you
  • Assign an experienced account executive to oversee your account
  • Work directly with your plan sponsor clients when needed
  • Tailor our services to meet your distribution needs

Streamline. Simplify. Satisfy.

PenChecks Trust helps reduce your workload and improve service to your clients by handling payment processing and monitoring in one simple online application.

  • We process multiple types and sizes of distributions on your behalf
  • No hardware or software to buy or maintain
  • Eliminate the need for paper
  • Avoid the inefficiency of training employees on how each of your institution or custodian clients operates

You get one simple, repeatable process to handle your payment processing needs in a timely, cost-effective manner. It doesn’t get much easier than this.

To simplify your retirement plan payment processing, call 800.541.3938 today. Or schedule an appointment with one of our Distribution Experts.

We’ve Got You Covered.

Fast, friendly expert service.

Call 800.541.3938 / Schedule a Consult