Case Study

Participant Cleanup/Uncashed Checks


A Fortune 500 company with more than 17,000 employees had acquired numerous pension plans over the years. By the summer of 2020, most of the acquired plans had been consolidated, but the client was still managing one frozen pension plan with around 13,000 participants. The client wished to terminate the plan, but in order to complete the termination, it would need to resolve hundreds of uncashed checks.