Summit Standardizes 401(a) Retirement for Non-Teachers

Under the 2025–2028 compensation policy, Summit Public Schools maintains a 401(a) retirement program for non-teaching staff, with set employer and employee contribution rates, administered through its existing HR and benefits infrastructure including TriNet systems. The plan standardizes retirement benefits across non-instructional roles.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Ongoing 401(a) administration for non-teaching employees during 2025–2028 policy period (inferred from context that retirement details are housed in HR systems managed via TriNet/HRPassport)

Renewal

401(a) plan is ongoing with a 10% employer and 10.25% employee contribution rate; no additional retirement plans will be added due to resource constraints. No explicit third-party renewal terms stated.

Document type

Policy

Source document

Summit Public Schools Compensation Policy 2025-2028

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Summit Public School K2 District?

TRINET was awarded this financial services contract by Summit Public School K2 District, as recorded on August 28, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a policy record.

Where was this contract approved?

This contract appears in Summit Public Schools Compensation Policy 2025-2028 (Policy), dated August 28, 2025 from Summit Public School K2 District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What is Summit Public School K2 District currently buying?

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Summit Standardizes 401(a) Retirement for Non-Teachers

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by Summit Public School K2 District?

What type of contract is this?

Where was this contract approved?

What other contracts does TRINET hold?

What is Summit Public School K2 District currently buying?

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