FinTech
NAPAFIRMPARTNERS
Philadelphia, PA • pcsretirement.com
La Mesa, CA • penchecks.com
PCS Retirement, LLC
PenChecks Trust®
Key Contact(s)
Key Contact(s)
Matt Drummond 267.780.3344 • matthew.drummond@pcsretirement.com Pete Kirtland 813.766.4273 • pete.kirtland@pcsretirement.com Reno Regalbuto 267.675.6714 • reno.regalbuto@pcsretirement.com
Spiro Preovolos 619.600.0069 • spiro@penchecks.com Scott Okrasinski 480.455.2130 • sokrasinski@penchecks.com Alexandra Gerritsen 858.472.2073 • agerritsen@penchecks.com
Firm Profile
Firm Profile
In Business Since: 2001 PCS Retirement is among the nation’s largest independent and conflictfree retirement solution providers in the industry. PCS Retirement offers Recordkeeping services to over 32,000 plans and 850,000 eligible participants representing $28+ billion in retirement assets. PCS allows mutual fund companies, investment managers and other financial institutions to offer leading white label and branded retirement solutions for the complete spectrum of retirement plans and accounts.
Product / Service Category • Asset Allocation • Administrative Services • Trustee/Custody • Financial wellness • Consulting/Plan Design • Participant Communications • Tracking/identifying lost Participants • Software • Advisor dashboard • Other
Product / Service Description PCS Retirement has created the AdvisorLab, an advisor–centric technology that helps plan advisors build, grow, and maintain retirement plan business. The Advisor Lab is the culmination of years of research, development, and designed by PCS Retirement to be your most powerful partner for retirement plan growth.
In Business Since: 1994 PenChecks Trust is a state-chartered, non-depository trust company that provides a comprehensive suite of Retirement Distribution Services to Recordkeepers, Third-Party Administrators (TPAs), Advisors and Plan Sponsors. We combine nearly 30 years of retirement benefits processing expertise, innovative services and secure technologies that enable retirement plan and financial service providers to work faster, improve efficiency, and deliver better service to their clients.
Product / Service Category • Administrative Services • Trustee/Custody • Participant Communications • Tracking/identifying lost Participants • Other
Product / Service Description PenChecks started out with one service – efficiently processing retirement plan checks for plan sponsors and TPAs. Since then, we’ve expanded our services to meet the needs of a growing client base by creating innovative solutions for missing/nonresponsive participants, uncashed checks, and unclaimed retirement accounts. These solutions included the first Missing Participant IRA program in the U.S., the first Missing Distributee® service to facilitate uncashed participant distribution checks, and the first independent online benefit distribution processing software.. As our industry continues to undergo rapid change, PenChecks is evolving into an innovative fintech company. Our latest technology advancements include Amplify, a distribution processing platform that automates and streamlines the entire benefit payment workflow, and our new traditional IRA product, which simplifies the process of rolling over company sponsored retirement accounts into traditional IRAs. Learn how PenChecks Trust® can help clean up your retirement plan with a full range of comprehensive Premier Level Distribution services including: • Fast, Efficient Payment Processing Services • ESOP Distributions • Timely Tax Withholding, Remittance & Reporting • Automatic Rollover / Missing Participant IRAs • Advanced Missing Participant Search Services • ERISA Compliant Uncashed Check Solutions PenChecks helps companies of all types and sizes save time and money by streamlining their retirement plan distribution processing, taking time-consuming administrative tasks off their plate, and freeing up their time to focus on highervalue client activities
NAPABLACKBOOK2023
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