Trust services any way

Pentegra provides comprehensive plan trustee services. Our trustee services keep track of plan-level activity, including timely investing of contributions, unique plan-asset accounting and tax reporting. We handle federal and state tax withholding and prepare the appropriate forms for distribution to participants and the taxing authority. We also work with self-trusteed plans or plans for which the sponsor has already selected an outside trustee.

Trustee services provide:

• Custody and investment of plan assets
• Accurate and timely reporting of contributions, sales and purchases, withdrawals and dividend, and interest income
• Participant-distribution checks and benefit payments, including lump sum distributions, periodic payments, hardship withdrawals and loans
• Preparation of principal and income statements
• Certified plan financial information for plan auditors
• State income tax withholding services for mandatory states
• Tax reporting (IRS Form 1099R)