Summit’s Paper on “Revenue Sharing” Cited in Plan Adviser

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Summit’s white paper was referenced in a Plan Adviser article, “Awareness of Fee Levelization Is on the Rise”.

Not all funds charge revenue sharing, and those that do vary widely, according to a Summit Financial Corporation white paper, “Revenue Sharing Impacts Company Retirement Plans.” Summit says that “the amount of revenue sharing varies from fund to fund. Some funds make no revenue sharing payments at all, while others make significant payments. Depending on a participant’s investment mix, he or she can be shouldering a disproportionate amount of the plan’s administrative costs [for] plan services, which are equally available and accessed by all participants.”

To read the full text of Summit’s white paper, click here.

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