HR Glossary

Summary material modifications

Summary material modification refers to changes made to an employee benefit plan, most often Summary plan description (SDP) which describes employee’s rights, benefits and responsibilities included in ERISA.

what-is-summary-material-modifications

Summary material modification definition

Summary material modification refers to changes made to an employee benefit plan, most often Summary plan description (SDP) which describes employee’s rights, benefits and responsibilities included in ERISA. The summary material modification needs to be provided any time a change has been made.

Summary material modification changes

• New benefits

• Removal of an old benefit

• Plan termination

• Change of responsibilities

• Change in information that can be disclosed

• The new classification of retirees etc

See TalentLyft in action

Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!

Related content

Explore more topics

  • News & Updates

    TalentLyft is constantly improving as we're implementing new features and integrations. In this section you'll find all of our recent updates and and integrations we've implemented to make every user's experience the best it can be!

    Learn more

  • Diversity Equity and Inclusion (DEI)

    Diversity, equity, and inclusion (DEI) have become key focuses in building a thriving workplace culture—and for good reason. In our DEI Hub, we provide strategies, insights, and best practices to help HR professionals, business leaders, and change-makers champion a more inclusive and equitable workforce. Join us in fostering diversity and empowering employees by exploring a wide range of DEI topics, from inclusive hiring practices to creating a workplace where all voices are heard and valued.

    Learn more

  • Employee Onboarding

    In the journey to build a cohesive and productive workforce, effective employee onboarding is the foundation of success. Employee onboarding isn't just a checklist - it's an essential process that sets the tone for an employee's entire tenure at your organization. Learn about the strategies, best practices, and technologies you can implement at your organization to create seamless and impactful onboarding experiences that st your workforce for future success.

    Learn more

  • HR Tech Trends

    HR Tech Trends – Stay ahead of the curve with the latest HR technology trends. Discover how innovations like AI, automation, and data analytics are transforming talent acquisition, employee management, and workplace productivity. Embrace these cutting-edge tools to optimize your HR processes and drive organizational success.

    Learn more

  • Recruitment by Industry

    Tailor your recruitment strategies to fit specific industries. Learn the unique challenges and best practices for hiring in sectors like healthcare, tech, retail, finance, and more. Discover industry-specific approaches to sourcing talent, crafting job descriptions, and optimizing your recruitment efforts for success.

    Learn more

  • Candidate Experience

    Candidate experience is a critical factor in shaping a positive employer brand and attracting top talent. Learn how to deliver a personalized and engaging candidate experience that reflects your company's values, fosters long-term relationships with candidates, and enhances your reputation as an employer of choice. Secure the best candidates with a standout hiring process.

    Learn more

Simple and affordable recruitment software

Schedule a Demo Start Free Trial