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.

By taking advantage of our trustee services, plan sponsors enjoy the simplified administration that results from integrated trustee and recordkeeping systems. 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)