PenChecks
Kevin Spaeth is a seasoned professional in the third-party administrator (TPA) sector with extensive experience in account management and business growth. Currently serving as the Regional Territory Director at PenChecks Trust since June 2023, Kevin focuses on enhancing TPA services through streamlined distribution options. Previously, as the National Account Director at Empower from April 2013 to June 2023, Kevin played a pivotal role in increasing the TPA business from $8 billion to $200 billion. Additional experience includes positions at National Retirement Services, American Funds, and Ascensus, where Kevin developed strategic relationships and managed accounts. Kevin holds a Bachelor of Arts in Anthropology from Seton Hall University.
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PenChecks
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PenChecks Trust Company of America (PenChecks Trust) is a state-chartered, non-depository trust company and the largest independent provider of outsourced benefit distribution services and Default/Missing Participant IRAs in the country. With 20 years in business, PenChecks Trust is an expert and industry-leading provider of unique and comprehensive solutions for a myriad of trust resolution issues. Services include automated and branded solutions for benefit payment processing, uncashed/stale dated checks, Abandoned Plan/QTA services and Taxable Savings Accounts. Customers include financial institutions, third party administrators, plan advisors, and plan sponsors.