SUMMIT Benefit & Actuarial Services, Inc. is a full-service pension and profit sharing plan administration firm, with offices in Eugene, Oregon and Wauwatosa, Wisconsin.

We administer all types of qualified plans, including 401(k), 403(b), defined contribution and defined benefit plans. We do not sell investment or insurance products. Our expertise is strictly in the navigation of the complex laws and IRS regulations that surround qualified plans. We pride ourselves in listening to our clients and creatively designing qualified plans that maximize their business objectives.  We are widely considered experts in pension design.

As a full-service firm, we provide complete hands-on administration of 401(k) and 403(b) plans each payroll period. Few TPA firms provide this level of service.   Each payroll period Summit collects payroll data electronically from our clients. We determine participant eligibility for contributions, verify that the employees' salary deferrals equal their election forms, calculate the employer contribution, determine the investment splits for the deposits and provide the client with a signature-ready report to submit to the investment house or broker. We also interface with the investment houses electronically if they are capable. This process helps the client adhere to the strict Department of Labor salary deferral deposit requirements.

Our data processing services reduce the Plan Sponsor's internal administrative burdens, lower the internal soft costs of managing the plan and provide reports that are easy to audit and reconcile.

Our actuarial and administrative support for sponsors of defined benefit plans includes the following:

We strongly believe that the level of service and expertise that we provide to sponsors cannot be matched. Our fixed fee approach to customer service means that plan sponsors are not charged for periodic phone calls during the year.