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.