PenChecks Trust is the largest independent provider of outsourced benefit distribution services and auto rollover IRAs. With 25+ years in business, PenChecks helps TPAs and Plan Sponsors with a variety of issues they face in managing ESOP plans. Services include solutions for Benefit Payment Processing and Tax Remittance, Auto Rollover IRAs for Missing Participant, Uncashed Check Resolution, 1099-R Only, Abandoned Plan Administration (QTA), Participant Search, & Participant Notifications. Let us help you streamline your ESOP Distributions.