Escheatment for Retirement Plan Administrators
Whether it’s managing abandoned retirement accounts, uncashed distribution checks, or forfeited employer contributions, Eisen streamlines the entire offboarding process, protecting plan participants and maintaining regulatory confidence.
Increase participant growth, not compliance workload.
Struggling to manage abandoned retirement accounts, uncashed payments, or complex forced closeouts? Tired of draining internal resources on manual processes and ensuring compliance with a web of state and IRS regulations? Eisen simplifies these challenges by automating the escheatment process, helping you stay compliant with ease and protecting your participants’ interests.
Say goodbye to endless spreadsheets, manual tracking, and compliance risks. Eisen automates every aspect of retirement plan offboarding, from identifying unclaimed accounts to disbursement processing and state reporting. Whether you’re closing accounts due to regulatory requirements, business strategy, or participant inactivity, Eisen ensures a smooth, compliant, and efficient process.
How Eisen Helps Escheatment for Retirement Plan Administrators
Abandoned Retirement Accounts
Managing abandoned retirement accounts can be challenging and time-consuming. Eisen automates participant outreach, ensuring every account is either re-engaged or properly escheated according to state laws.
Uncashed Distribution Checks
Eisen simplifies the management of uncashed distribution checks, automating tracking, outreach, and escheatment. Ensure participants receive their benefits while staying fully compliant with escheatment regulations.
Unpaid Forced Closeouts
Eisen automates forced account closure payouts, ensuring every participant is notified and no beneficiary is left behind. Streamline outreach, disbursement, and compliance effortlessly.
Unreturned Excess Contributions
Eisen takes the guesswork out of managing unreturned excess contributions. We automate refunds or escheatment, ensuring full compliance with IRS regulations, so your team can focus on serving participants.
Forfeited Employer Contributions
Eisen takes the complexity out of managing forfeited employer contributions. Whether due to employees leaving before fully vesting or other factors, Eisen ensures these unclaimed funds are efficiently tracked and handled.
Effortless compliance with an accuracy guarantee.
Everything you need to monitor, manage, and mitigate risk from financial accounts at any scale.
