- About Us
- Why Summit?
We adopt a consultative approach at the earliest stage of every client engagement. Even when an initial conversation doesn’t translate into a working relationship, the people we connect with feel their interaction with us is worthwhile, enlightening, and represents time well spent.
Both across our divisions and in our client relationships, we promote a culture of collaboration based on high professional standards and consistent service delivery. The daily interactions that take place among our experts and with our clients’ advisors create benefits for clients who work with an individual division or entrust us with multiple lines of business.
In a world where markets fluctuate and certainty is elusive, we maintain that emphasizing the long view over short-term gain improves the quality and performance of our plans, investments, and client relationships.
Employees and employers, now more than ever, need to take the appropriate steps to ensure that prudent decisions are made.Read White Paper
Employers are required to report for the first time in early 2016 for calendar year 2015.Read More
Revenue sharing and its impact on plan participant accounts continues to be a hotly discussed topic within the retirement plan industry.Read White Paper
Insurers and health plans are exploring new ways to drive consumer and provider behavior.Read White Paper
Summit’s white paper was referenced in a Plan Adviser article, "Awareness of Fee Levelization Is on the Rise"Go
U.S. markets disappointed for the first time in years, with weak results for December and 2015 as a whole and despite closing with a very solid fourth quarter.Go
Email To Plan Sponsors Stresses Importance Of Hiring Qualified CPAsGo
Action needed by self insured health plans that provide medical (not dental) benefits and excluding HRA Plans. Self insured plans are referred to as "contributing entities". Insurance companies pay this fee for insured plans.Go
Experienced, thoughtful retirement plan advisors, who serve as a plan fiduciary, can unburden plan sponsors and allow them to focus on their business. Through improved plan design and providing impartial investment guidance, participants stand a better chance of improving outcomes and achieving retirement at their desired age.Go
Equity returns, shifts in the yield curve and pending legislative changes have significant implications for defined benefit plan sponsors. This article summarizes how this confluence of events could affect DB plans from administrative and financial standpoints for the end of 2015 and beyond.Go
In preparation for the Medicare fall open enrollment period, employers sponsoring group health plans that include prescription drug coverage are required to notify all Medicare-eligible individuals whether such coverage is creditable.Go
In today's economy, technology is the catalyst for driving change and disruption in the customer journey; and the financial planning industry is no different. New technology, in the form of "robo advisors," has emerged with the promise of providing inexpensive financial advice to the average consumer.Go
Trish Gildea, Senior Financial Planner was recently quoted in a US News and World Report article, "6 Tax Tips Investors Need To Know"Go
Last week’s big news was that the Federal Reserve (Fed) has finally increased interest rates, by 25 basis points or one-quarter of 1 percent.Go
As 2015 comes to a close, it's the time of year to review those end-of-the-year benefit plan "action items" that may require your attention.Go
The Internal Revenue Service recently announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2016.Go
Retirement savers are looking at their 9/30/15 statements and are likely seeing some disappointing numbers. This is a good time to provide perspective and show how the market’s volatility can work for us…and recall the sage wisdom of market philosopher, Bill Belichick.Go
September was a weak month for U.S. markets, with the Dow Jones Industrial Average posting a loss of 1.35 percent; the S&P 500 Index declining further, down 2.47 percent; and the Nasdaq dropping 3.27 percent.Go
It's been a few years since the revised regulations, handed down by the IRS and DOL, changed nearly every aspect of 403(b) plan administration. These sweeping changes aimed to mimic 401(k) plan management. However, recent surveys indicate 403(b) plans trail their 401(k) peers in critical areas that have helped to improve plan health and participant outcomes.Go
The Internal Revenue Service (IRS) released draft forms for 2015 to help employers prepare for the new information reporting provisions under the Affordable Care Act (ACA). Employers are required to report for the first time in early 2016 for calendar year 2015.Go