Pentegra began as a not-for-profit, tax-exempt defined benefit pension trust created by eight Federal Home Loan Banks to manage a defined benefit pension plan for employees of the Federal Home Loan Bank System, and it became a provider of single employer retirement plans of every kind. The trust became known as the Savings Association Retirement Fund before the organization took the name Pentegra, derived from the words pensions and integrity. Pentegra Services, Inc. was established and commenced business.
Pentegra forms relationships with major providers of payroll and recordkeeping services to offer its 3(16) fiduciary administrative services on those platforms. It provides qualified retirement plans, fiduciary outsourcing, third-party administrator, consulting, and institutional investment solutions to clients and advisors nationwide, and serves thrifts, savings institutions, and those organizations serving them.