Uniontown, OH (PRWEB) February 29, 2012
Arrivos Advanced Administration Technology has arrived at Summit Retirement Plan Services, Inc. (Tegrit Group). In February, the Arrivos proprietary software system was installed to serve Summit’s private sector pension plan sponsors.
Arrivos is a powerful and user-friendly pension administration software solution which utilizes parameter driven architecture to provide flexibility and increase efficiency. It was originally developed to serve the needs of large, complex public sector pension plans and has now been successfully implemented for the private sector plans administered by Summit Retirement Plan Services, Inc (Tegrit Group).
According to Patricia Wyscarver, Director of Benefit Administration, "Arrivos will enhance our reporting capabilities and increase our operational efficiencies. System changes can be daunting, but our installation and training went extremely well. We did not skip a beat during the transition, and our clients were unaware that we were undergoing a major system conversion.”
Michael Spickard, CEO of Tegrit Group, shared the following background. “When Tegrit and Summit merged in 2010, we knew we had a winning combination. The synergies that could be achieved were clear, and I am impressed with the teamwork and execution between our operating companies to realize one of those synergies through the Arrivos installation. Our investment in Arrivos will greatly benefit our clients, our employees and our business.”
About Tegrit Group
Tegrit Group (comprised of Tegrit Technologies, Tegrit Administrators, Summit Retirement Plan Services, and Advisors Pension Services) provides advanced recordkeeping and software solutions, actuarial consulting, and administration services for defined benefit, defined contribution, cash balance and retiree medical plans. The Tegrit Group team includes actuaries and other professionals with decades of private and public sector experience focused on delivering tools and consulting that support the culture, needs and goals of a broad spectrum of retirement plan sponsors. With over 100 associates, Tegrit Group provides services to over 2,000 employers and has employees in five offices in Cleveland, Columbus and Akron, Ohio, as well as Livonia, Michigan, and Spartanburg, South Carolina. For more information visit Tegrit.com or call
1.877.7-Tegrit (1.877. 783.4748).