Case Studies

Case Studies

Employee Benefits

Compliance Expertise

While reviewing compliance services with a prospective client, Summit Benefit Solutions uncovered some critical areas of exposure with their prospect’s annual 5500 filings.

Leadership in Client Service and Employee Education

Summit managed the successful implementation of a consumer driven “High Deductible Health Plan” for a client with locations across the country.

Managing Client Renewals

A Summit client received a benefits renewal that seemed reasonable on its face, but proved to be much too high.

Retirement Plans

Attention to Detail

Careful review of a new clients plan document saved them from unintentionally “doubling” their contribution to the Plan.

Industry Experts

A client of ours was purchased by a global leader in their industry. Summit uncovered that there was a control group relationship that required specialized testing.

Investment Line-up

While selecting investments, the client’s Investment Committee wanted to retain as many of their existing funds that have performed adequately to minimize disruptions to plan participants.

Ongoing Design Analysis

Through proper plan design, Summit was able to negate all refunds due to failing discrimination testing.

Plan Implementation

While in the process of reviewing a client’s annual data to perform the non-discrimination testing in 2008, we discovered that the client now belonged to a controlled group of corporations.

Strategic Consulting

While working with a sophisticated not-for-profit medical journal, Summit’s on-going consulting services were instrumental in this partnership.

The preceding are hypothetical case studies and are for illustrative purposes only. Actual performance and results will vary. These studies do not represent actual clients but a hypothetical composite of various client experiences and issues. Any resemblance to actual people or situations is purely coincidental.