Employee benefits
Generate value from your employee benefit plans.
Need help managing your investments and administering participant payments? Count on us to help stabilize and enhance your employee benefit offering. We work with third-party administrators, consultants and investment managers so you don’t have to.
Complete employee benefit distribution support
- 24/7 online access to payment information, reporting capabilities and online participant tax forms
- Daily lump-sum and off-cycle payment processing, as well as periodic processing
- Timely and accurate distributions as electronic payments (ACH) or checks
- Optional toll-free hotline to answer participant questions 24 hours a day, Monday through Friday
- Federal and state tax withholding, annual tax form production and TEFRA mailing, annual IRS tax filings and all required state filings
- Monthly unclaimed property and death audit reports
- Direct data feeds to actuarial firms
Get in touch
Karl Wilson
National Sales Manager
Institutional Trust and Custody
karl.wilson@usbank.com
866-875-6914
Meet the U.S. Bank Pensioner Portal
Innovative technology enables a secure experience for employees to view their benefits dashboard. The dashboard provides year-to-date payment information, upcoming payments and tax information.
Meet the U.S. Bank Benefit Payment System
Effectively manage your pension plan payments and efficiently manage participant distributions. The system provides you with early access to all account, payment and tax information. Find any participant record using a single personal identifier.