Summit Retirement Plan Services, Inc.

Description

Summit Retirement Plan Services, Inc., a third party plan administrator, provides retirement plan design, administration, and consulting services. Its retirement services include 401(k) profit sharing services, such as plan document, creative plan design and consulting, custom projections for budgeting and compensation planning, Web-based client interface to streamline communications and document retention, ERISA and IRS compliance, employee distribution, and employee call center assistance; plan design/quote request services; and plan sponsor Website solutions. The company also provides actuarial consulting services, including pension funding valuations, plan design and consulting, funding projections and planning, plan termination analysis and administration, mergers and acquisitions, ad hoc actuarial analysis, attestations for Medicare part D reimbursement, FASB 87/88/158 accounting for pension plans, FASB 106/158 accounting for retiree medical plans, benefit calculations, participant reporting, forms and notices processing, lump sum/annuity calculations, employee call center assistance, and QDRO processing. In addition, it offers benefits admin outsourcing services, which include administration for large defined benefit plans, life and disability premium and claim processing, benefit enrollment assistance, monthly pension check processing, retiree medical and benefit appeals administration, Medicare part D, client specific employee call center, dependent eligibility audits, and mass mailing of benefit plan notices. The company was incorporated in 1995 and is based in Uniontown, Ohio. As of April 23, 2010, Summit Retirement Plan Services, Inc. operates as a subsidiary of The Tegrit Group.

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