PenChecks said 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 Web site where 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 (see “Database Lists Millions in Unclaimed Retirement Benefits“).
In addition, former employees can perform a free, secure search to determine if they are entitled to any unpaid retirement account money.
More information is at http://www.unclaimedretirementbenefits.com.