The Pentegra technology advantage

A PROVEN RECORDKEEPING PLATFORM

FLEXIBLE DAILY VALUATION SYSTEM

Our daily valuation recordkeeping system was designed specifically for defined contribution plan management. Automated proprietary reconciliation programs ensure accuracy, efficiency and control. We utilize Schwab Recordkeeping Technologies (formerly known as TrustMark), a highly flexible, modular, Windows-based system. A member of the Advisory Committee, Pentegra is considered a leading system user.

System information is secured at different levels to ensure that only appropriate individuals can access participant information.  External access to participant account information from www.pentegra.com is secured through industry standard 128 bit encryption.  In addition, appropriate user-ids and passwords are required to access financial information.

QUALITY ASSURANCE

Full data back up occurs daily, ensuring superior recovery capabilities should a natural disaster or emergency occur. To ensure the accuracy and timeliness of our transaction processing, we use a combination of technology and internal audit procedures. We also conduct an annual SAS 70 Audit by an independent auditor to guarantee that the program is administered according to the highest standards.

Transaction processing on any business day is defined by the New York Stock Exchange. Transaction requests received before 4:00 p.m. EST are processed that same day. Transaction requests received after 4:00 p.m. are processed the following business day.

Quality assurance features include:

  • Integrated participant recordkeeping and trust accounting system
  • Daily valuation
  • Nightly reconciliation
  • Internal Quality Control

© 2005 Pentegra Retirement Services