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Summit Benefit Solutions Inc Salary

Summit Benefit Solutions Inc Salary

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As of October 2026, the average annual salary for employees at Summit Benefit Solutions Inc in the United States is $86,525. This translates to an approximate hourly wage of $42. Salaries at Summit Benefit Solutions Inc typically range from $75,892 to $98,039 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Summit Benefit Solutions Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Summit Benefit Solutions Inc. Based on our data, the highest paying job is the Managing Principal, with an annual salary of $151,821. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Summit Benefit Solutions Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Summit Benefit Solutions Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
First Pacific Funding Inc $96,377
+11.4%
Influenced by prevailing union wage agreements specific to First Pacific Funding Inc's sector.
Louisiana USA Federal Credit Union $83,466
-3.5%
Reflects market rates for standard general contracting, differing from specialized roles.
California Loan Associates Inc $96,061
+11.0%
Data suggests California Loan Associates Inc's workforce skews heavily towards veteran, high-tenure roles.
DH Property Holdings $90,639
+4.8%
Reflects structural premiums typical of DH Property Holdings's large-cap national operations.
Financial Services Industry $121,514
+40.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Summit Benefit Solutions Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Summit Benefit Solutions Inc. Click a company name to learn more.

Employee Reviews: Working at Summit Benefit Solutions Inc

Considering a career at Summit Benefit Solutions Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The leadership team is experienced, though not always accessible. Work can be repetitive, and promotion opportunities are limited. Dual monitors are standard. Trust is given by default.
Commented in April 06, 2025
27
1
The compensation and benefits package is highly competitive, reflecting their value for their employees. Training is engaging and relevant to daily work. Matching gift programs amplify our personal donations. Sustainable business practices are operationalized. Processes are smooth and well-documented. While compensation is fair, the work environment can suit those seeking rapid career progression ...
Commented in July 23, 2024
9
3
What stands out is how technology enhances rather than replaces the human element of financial services. Employees are given meaningful responsibilities, fostering professional growth. Engaging, meaningful work every day.
Commented in February 11, 2024
30
2

Summit Benefit Solutions Inc Overview

Website
www.summitbenefitsolutions.com
Founded In
1999
Employees
<25 employees
Industry
Financial Services
Headquarter Address
630 Lexington Ave Mansfield Ohio OH 44907
Revenue
$5 Million - $10 Million
Phone Number
+1 4197563921
Social Media
About Summit Benefit Solutions Inc
Summit Benefit Solutions, Inc. (Summit) has been providing premium, independent retirement plan administration, recordkeeping, payroll processing and tax reporting services since 1999. Summit was founded by a group of Certified Public Accountants (CPAs) who recognized and fulfilled the need to provide clients with a low-cost administrative and recordkeeping solution, and has grown to manage over 6

What Benefits Does Summit Benefit Solutions Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Summit Benefit Solutions Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Mansfield?

Understanding the cost of living near Mansfield is key to truly evaluating a salary offer or your current compensation at Summit Benefit Solutions Inc.
Mansfield's Cost of Living Index is approximately 74.3 (25.7% less expensive than US average; 18.2% less than OH average). North Central OH city, very affordable. RCT. When planning your budget based on a salary from Summit Benefit Solutions Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $600 - $950+ A significant portion of Summit Benefit Solutions Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $510 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,710 - $2,820+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Summit Benefit Solutions Inc

1. What is the typical salary range (low to high) for most roles at Summit Benefit Solutions Inc?

The typical annual salary range for most roles at Summit Benefit Solutions Inc is approximately from $75,892 to $98,039. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Summit Benefit Solutions Inc pay compared to First Pacific Funding Inc?

The average annual salary at Summit Benefit Solutions Inc is $86,525, or an hourly wage of $42, in comparison to First Pacific Funding Inc which pays $96,377 per year or $46 per hour.

3. Do salaries differ significantly between departments at Summit Benefit Solutions Inc?

Yes, salaries often differ between departments at Summit Benefit Solutions Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Summit Benefit Solutions Inc?

Experience level is a significant factor in determining salary at Summit Benefit Solutions Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Summit Benefit Solutions Inc in Mansfield is fair given the local cost of living?

To determine if a salary offer from Summit Benefit Solutions Inc in Mansfield is fair, first compare the gross salary to our data for similar roles at Summit Benefit Solutions Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Mansfield" to understand its purchasing power.

6. What are the key factors that influence salary levels at Summit Benefit Solutions Inc?

Several key factors influence salary levels at Summit Benefit Solutions Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Summit Benefit Solutions Inc likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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