SAN DIEGO, June 15, 2011 /PRNewswire/ -- The National Registry, a nation-wide public service company, provides a secure database service designed to support fiduciaries and custodians holding retirement benefits that have been left in the plan, unclaimed by missing former participants, or have been set up as a Default IRA.
It is a free service to the Fiduciary or the Institution to register the former participant and for the participant that is trying to locate their unclaimed funds. It is a secure website designed to help both employers and former employees. Employers can register names for free of former employees who have left money in the plan or who have had a Default IRA established on their behalf. Former employees can perform a free, secure search to determine if they are entitled to any unpaid retirement account money. This website contributes greatly to fiduciaries meeting their obligation to see that these unclaimed benefits are re-connected with the former participant.
NRURB® is a free public service established, operated, and monitored by PenChecks, Inc. since 2005. For more information, go to http://www.unclaimedretirementbenefits.com or call (877) 462 2745.
About PenChecks, Inc.
PenChecks, Inc. was established in 1994 and has become the Nation's largest independent processor of benefit payments from ERISA-Qualified and Non-Qualified Plans, recurring benefit payments, participant loan distribution processing, and the largest administrator of Default/Missing Participant IRA's. We are the only firm in the country specializing in administering and processing Stale Dated/Un-cashed checks on behalf of institutions and other businesses. In addition, we handle court-ordered settlements and class action settlements, as well as bill paying. Our extensive, dedicated staff, proprietary technology and expertise saves our clients valuable time, reduces their risk and increases profits immediately. Our clients include, Third Party Administrators, Plan Sponsors, Plan Advisors, Various Institutions, Bankruptcy Trustees and other Service Providers. For more information, please visit PenChecks at: http://www.penchecks.com or call 800.541.3938.
About The National Registry of Unclaimed Retirement Benefits®
A wholly owned subsidiary of PenChecks, Inc. (an expert and industry leader in qualified retirement plan distributions), The National Registry of Unclaimed Retirement Benefits is an open-use public service company dedicated to helping individuals and companies locate lost or abandoned pension benefit distributions. The National Registry is a nationwide, secure database listing of retirement plan account balances that have been left unclaimed. Employees can perform a free, secure database search to determine if they may be entitled to any unpaid retirement account money. Plan Sponsors, Plan Providers, Plan Advisors and T.P.A.'s can register terminated participant names with retirement benefits for free. For more information, please go to: http://www.unclaimedretirementbenefits.com.
CONTACT: Spiro Preovolos, APR
Director of Operations, PenChecks, Inc.
610 462 9433
SOURCE PenChecks, Inc.