Is Your Business Protected From ‘Hidden Risk’?
In today’s highly litigious environment, employers need to be prepared to deal with the risk of lawsuits brought by current or former employees.
In today’s highly litigious environment, employers need to be prepared to deal with the risk of lawsuits brought by current or former employees.
Summit was brought on as the employee benefit partner for a regional bank to find solutions that would round-out the list of services the...
Case Study Insurance Risk Management
Property and casualty insurance is often an afterthought in the minds of those covered.
Anyone considering life insurance as a way to provide security for their family, their business, or their assets will find that it’s more affordable...
When it comes to HR, navigating “the Bermuda Triangle” of employment law, the place where the Family Medical Leave Act (FMLA), the Americans with...
In light of ACA regulations, more companies and their HR departments are considering an alternative to the routine medical plans previously offered. Adopting a...
As healthcare costs continue to rise, one of the main drivers remains constant across markets: the cost of prescription drugs.
Business owners and high-income earners often need financial services well-beyond those offered by the employer’s group insurance plan. For example,
Employer engagement in a company's retirement plan builds employee confidence.
Substantial increases in healthcare costs in the past decade have forced employers to make critical decisions about the benefit packages
It is critical that a private company with D&O claims exposure call for a broader risk management effort.
Preparing your finances for retirement can be an ever-changing process throughout your professional career.
Working adults in the United States have witnessed the dramatic increase in healthcare costs over the last 10 to 20 years.
A local county government had been facing recurring issues and concerns about the integrity of their HR Administration. Their experience
Managing human resources, payroll and benefits for a rapidly growing company can be overwhelming.
As pharmaceutical companies conduct new research in the development of prescription drugs, the demand for certain drugs amongst the insured
Based on recent data from the Bureau of Labor Statistics as of July 2018, our disabled workforce now numbers 15.1 million Americans.
HSAs are beneficial for their triple-tax advantages, transferability, and nearly-timeless lifespan.
Benefits Case Study Human Resources Insurance Life Insurance
Companies and organizations spread across multiple states and jurisdictions frequently face an increased number of rules and regulations when compared
Benefits Insurance Investments
Whether you’re a saver, spender, or investor, there is an HSA contribution strategy that fits your needs.
Across the Midwest and Southeast, communities must always brace for severe weather from hail to tornadoes when Springtime rolls around. For many small businesses,...
Cyber liability coverage is a necessity in today’s world to protect customers and businesses alike
Cash balance plans are especially suited for self-employed or small business owners with high incomes.
ESG, or environmental, social and governance funds, can be appealing to many investors, including millennials.
Benefits Insurance Investments
HSAs have become an important part of the healthcare and retirement picture for millions of Americans as employees and employers continue to realize their...
The staggering number of people entering Medicare each day (10,000+) has us eager to share some detailed information that could
Financial wellness is a hot topic in boardrooms these days, but to sell your company’s leaders on a program, you’ll need to talk numbers.
Teamwork makes the retirement dream work. Should you have a retirement plan committee in your workplace?
As many employees look ahead to retirement, 47% of workers feel somewhat confident that they’ll have enough money saved to retire on time and...
Benefits Case Study Human Resources Insurance
Summit recently began working with a multi-site automotive retailer in the Midwest who needed assistance in the ACA reporting of all full-time employees at...
Two great reasons for small business 401(k) plan sponsors to consider upgrading their current plan design to include auto features: employee participation and savings...
If the Department of Labor were to ever knock on your door, we want you to be prepared! Applying the
By combining savings from an HSA and traditional retirement vehicles, Americans will be better prepared for healthcare expenses incurred during their retirement years.
Successful financial wellness programs help employees feel in control and on track in their financial lives.
Our 401(k) Investments are on the Watchlist. Now What? Approach, review, document, and decide As a member of your company’s
Formation of Lawsuit Trends The barrage of excessive fee lawsuits filed in 2006 started a trend that continues to this
Preventive Care Getting your preventive check-ups (physicals, Well Woman Exams, PSA tests, Mammograms, dental exams, and eye exams) are crucial
Todd Rolland and Kyle Minick were recent guests on the radio show “In the Know” on KEXB 620 AM, Dallas-Fort
Much of wasteful healthcare spending in the United States can be attributed to people failing to understand their insurance coverage,
Human Resources Risk Management
The overall goals of a Return to Work Program are to lower costs related to employee injuries, keep injured employees engaged, and lower the...
Risky Business: Why Plan Governance Matters Participant-driven lawsuits are on the rise, and employers are facing heightened scrutiny of the
This case represents how a deeper pharmacy analysis and considering carving out the pharmacy benefit to an alternate provider can produce significant savings and...
Key steps that you and your retirement plan committee can take to boost your cybersecurity protections
With cyber-crimes being an hourly occurrence, the time is now for businesses of all sizes to take this threat seriously and evaluate current cybersecurity...
If you’re not using data analytics to help you make progress toward improving participant outcomes, then you could be missing out on a key...
On 23 December, one of the largest changing legislative acts to impact America’s retirement system was signed into effect. The
Listen to Kyle Minick, Employee Benefits, discuss “What job benefits are millennials looking for?” from 1080 KRLD Dallas radio show.
If you’re not going to your annual health checkup or physical, you may be missing out on potential health care
Many Americans are not aware that they may be eligible for the Tax Saver’s Credit! You may be able to
Between busy seasons and the never-ending to-do lists, it is easy to miss simple steps that can quickly become costly
Benefits Human Resources Investments Video
Todd Rolland and Kirk Turner are not affiliated with Cetera Advisor Networks LLC.
For the first time, the Internal Revenue Service (IRS) has pre-approved prototype plan documents for 403(b) retirement plans. The plan
A good total rewards program helps you attract and retain the best possible talent for your organization. Add a great
By choosing to offer your employees a 401(k) plan, you’re sending a powerful message — that you’re invested in their
Employee financial stress is a hot topic. So much so, that nearly 60% of employees cite finances as their primary
Gain actionable insights for optimizing efficiency and compliance through strategic plan analysis. It’s no secret that when you conduct a
Social_Card-Empower_Retirement_Confidence-LinkedIn
Plan_Sponsor_Guide-Investment_Menu-Q4_2024
Mistakes happen–Here’s how to correct common 401(k) plan errors. Navigating the intricate rules and regulations that govern employer-sponsored retirement plans
Employee_Newsletter-Debt_Management_Edition
Exploring current ERISA and DOL areas of interest In a significant move by the Department of Labor (DOL), new regulations
Let’s explore some of the critical elements of workplace retirement plans. Our goal is to equip you with the knowledge
Plan_Sponsor_Guide-Effective_401_k_Plan
Employee_Newsletter-Financial_Health_Edition-Q2_2024
Plan_Sponsor_Guide-401_k_Plan_Design_Age_Diverse_Workforce
Employees late in their careers need information that helps smooth the transition into retirement We are entering the “Great Retirement”
Practical tips for Gen X and Millennial workers to save for retirement Life in the middle can be a pickle—just
Ways to boost financial confidence and loyalty for Gen Z employees Have you ever found yourself pondering the classic “If
Plan_Sponsor_Newsletter-Q1_2024_Fiduciary_Plan_Governance
Employee Newsletter-Budget Edition-Q1 2023
While your 401(k) plan may not have a chirping reminder, regular reviews, fee benchmarking, and a prudent process are key.
Unlocking Tax Relief and Employee Appreciation: The Power of Profit Sharing Profit sharing is not just a tool to reduce
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or
Managing a 401(k) plan can leave even the most seasoned administrators feeling overwhelmed. With proper support, you can simplify the
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance
As the end of 2023 draws near, those responsible for their company 401(k) plan have much to consider. With a
For business owners, striking a balance between operating costs and profit is the cornerstone of success. Operating costs include everyday
Ken Parrish is not affiliated or registered with Cetera Advisor Networks LLC. Any information provided by Ken Parrish is
High employee turnover could lead to a rise in small 401(k) accounts. Explore how adding a Safe Harbor IRA provision
With thoughtful design features, you can structure a 401(k) plan that stands out in a time of talent scarcity and
Required for 2024 Luckily, the required changes for 2024 are minimal. Requirement Summary Long-term, part-time employees become eligible to participate
Michelle Alva is not affiliated or registered with Cetera Advisor Networks LLC. Any information provided by Michelle Alva is in no way related to Cetera
Creating a culture of wellness in the workplace is a trend that’s catching on with employers across the country. A
Financially stressed employees may be costing you more than you think. Not only do financial issues affect employee productivity, they
In today’s economy, financial stress is having a profound impact on working Americans. Stressed employees are feeling the pinch; this
Selecting and monitoring investment options for your company’s retirement plan is just one part of your fiduciary responsibility. How do
Competitive benchmarking is a way to measure and compare fees associated with running your retirement plan. Explore the most frequently
Retirement plans can be as unique as your company and its employees. Yet many committees do not take the time
With over 92 different retirement plan provisions, it’s a lot to unpack – but we did it! This new legislation
The following limits are going up for 2023: Maximum contributions for 401(k), 403(b) and 457 increases to $22,500 The annual
Credit is your financial reputation. It shows financial organizations how reliable you are when re-paying money or following through with
Learn what to expect when changing recordkeepers to avoid unpleasant surprises. Change can be exciting but is sometimes stressful. However,
Leverage service providers to help your 401(k) plan run more smoothly. As a retirement plan sponsor, you are a valuable
Do you want to get the most out of your retirement plan? A plan should benefit both the employer and
A financial wellness program can be an extremely valuable benefit, learn how it can help employees reduce stress while improving
It seems that prescription costs are always rising, but for self-funded employers there is rarely a satisfying explanation for these
Dollar-cost averaging will not guarantee a profit or protect you from loss, but may reduce your average cost per share
Don’t Miss Out: SECURE Act Tax Credits & 401(k) Plan Features The most comprehensive pension reform in 20 years, the
Key strategies to help employers maximize savings and minimize taxes As a business owner, you have the ability to
Help keep your retirement plan operating properly with a comprehensive fiduciary review, including performance benchmarking, error correction and suggestions for
How has the economy affected your life recently? Everyone, and I mean everyone, worries about it at some point, especially
Employee financial stress is a hot topic. So much so, that nearly 60% of employees cite finances as their primary
How Could Inflation Impact Corporate Retirement Plans? Increasing prices may put pressure on employers and delay workers from retiring
Total Rewards Programs Key to Recruiting & Retaining Top Talent Total rewards programs are a vital part of workplace
70% of employees believe that inflation may be the biggest barrier to their savings success. This can follow them into
We know the current financial landscape creates roadblocks to reaching your financial goals. Watch the video below as we look
If the term ”audit” makes you uncomfortable, anxious or even scared, you are not alone. Last year, the Department of
The value-driven workplace and its implications for retirement plans Your workplace may be evolving in many facets, from remote options
More than a year into the COVID-19 pandemic, there are signs of recovery in the U.S. Millions of vaccines have
Americans are living longer than ever before. Life expectancy is now at 79 years old, and many employees will need
The new Retirement Plan Contribution Limits are official! The following limits are going up for 2022: Maximum contributions for 401(k),
Talking about money is tricky, especially at work. While it may seem too personal for work and easier to avoid
With Cycle 3 deadlines fast approaching, now is a great time to review your retirement plan. Measuring your retirement plan’s data
Benefits Human Resources Video
This session provides you with information about the concern Employers have regarding workplace productivity and their focus on managing employee
Are you getting the most bang for your buck? Taxes are inevitable but you have a choice as to when
The CARES Act gave plan participants quick access to funds during the COVID crisis, although only about 6% of participants
Just ask anyone: Uncle Sam and the retirement industry love acronyms. Another was added in December 2020—PEP—which conveniently rhymes with
For the millions of business owners that offer a workplace retirement plan, the COVID-19 pandemic created many financial difficulties. However,
Help your employees save with a plan that fits your unique organization! Each type of retirement plan comes with its
When was the last time you reviewed your retirement plan – 5 years ago, 3 years ago? If it has
If navigating a worldwide pandemic weren’t enough, the world of employee benefits continues to throw curve balls at employers and
DEI Best Practices and Implementation, featuring our guests from the Oklahoma Center for Community and Justice (OCCJ), Switchgear and GableGotwals
Todd Rolland, President of Summit, Eric Wright, former Vice Chairman for HealthChoice and Frank Wilson, former Executive Director of HealthChoice,
Summit’s Todd Rolland and Kaci Skidgel, and McAfee & Taft’s Brandon Long host The New Benefits Landscape: What is Coming
Many American workers struggled financially before the COVID-19 pandemic. Therefore, it isn’t surprising that this crisis could greatly hinder their
Employees are worried about their finances. They worry about them in the evenings, on weekends and during working hours. Plus,
Help your employees take control of their finances and give their savings a boost for a better future!
The global pandemic has had a staggering effect on the economic lives of millions, driving them to actions that could
When employees are financially stressed, they spend three or more hours a week – approximately 150 hours per year –
In this session Summit partnered with BKD and we discuss the recent law signed by President Biden, the American Rescue
Retirement plans are complex and have many moving parts; as such, many plan sponsors create retirement plan committees to help keep them
Participant Infographic – Three Pillars of Wellness
Anyone who has received stacks of mailed booklets, leaflets or other paper 401(k) disclosure materials might be cheering about the
Employers spend countless hours and resources building the best employee benefits offering for their population, yet many times, this goes
Cetera’s Jon Anderson and Summit’s Kaci Skidgel discuss how the firm’s new 401(k) Fee-for-Service Advice Program enhances the client-advisor relationship.
Benefits Investments Life Insurance Video
Karen Drancik is not affiliated with Cetera Advisor Networks LLC.
With so many decisions to make this time of year about your employee benefits, it’s an opportune moment to think
Business continuation planning essentially involves active planning and engagement to derive the most value from your business whenever you, as
Benefits Human Resources Video
Richard Hardin, Gracen Johnsen & Todd Rolland are not affiliated with Cetera Advisor Networks LLC.
Turbulent times can bring turbulent markets. Many factors cause chaotic swings in the investing world including housing bubbles, political elections,
You likely recognize the importance of seeing your doctor for an annual physical to keep your health in tip-top shape,
Gene Goldman is not affiliated with Cetera Advisor Networks LLC.
Just as the COVID-19 pandemic may be changing what benefits employees need, the traditional open enrollment process is also evolving
Insurance Life Insurance Video
Wendall Stallings and Rick Christy are not affiliated with Cetera Advisor Networks LLC.