LUDWIG H. BACH, President

Ludwig H. Bach graduated Summa Cum Laude from Mount Saint Mary College in Newburgh, New York with a Bachelor of Science Degree in Business Management and Administration, with a minor field of study in Mathematics and Computer Science.

Mr. Bach began his career working as a consultant with an Employee Benefits Firm that primarily practiced in the Taft Hartley market place. In this position, Mr. Bach handled consulting and administrative services for many of the construction trade unions located in the Hudson Valley and a number of corporate and not for profit clients. In this position Mr. Bach obtained his NY State Life Insurance and Health Insurance License. In 1988, Mr. Bach was hired as the Benefit Funds Coordinator for the International Brotherhood of Electrical Workers Benefits Funds. Mr. Bach’s responsibilities included all aspects of the operation of the Retirement and Health and Welfare programs, which provided benefits to more than 800 active and retired members.

Mr. Bach noticed that there was a niche market that existed in the corporate market place for retirement plan services in the Hudson Valley. In 1994, Spectrum Pension & Compensation, Inc. was formed to provide services to this market. In order to serve clients and business owners at a higher level, Mr. Bach obtained his NASD Series 7, Stock Brokers License. Although not actively working as a Stock Broker, this credential enables Mr. Bach to work with clients and their Investment Professionals.

Mr. Bach is an active member of the Orange County Chamber of Commerce, Inc. He currently serves on the Board of Trustees of Mount Saint Mary College and is also the Chairperson of the Mount Saint Mary College Invitational Golf Tournament. He is also actively involved as a coach with the Highland Youth Soccer Club.

DALE MCGAR, Senior Associate

Dale McGar is a graduate from Newburgh Free Academy in Newburgh, New York with a business diploma and a minor in mathematics.

Ms. McGar began her career working in the accounting industry. For the first thirteen years of her career she handled bookkeeping services for financial institutions, legal and medical practices, as well as financial statement preparation and processing of individual and corporate returns.

Ms. McGar joined Spectrum Pension and Compensation, Inc. in December 2000 as an Associate Consultant. Her areas of expertise are working closely with the client base, customer service needs, compilation and processing financial statements and Form 5500 (Annual Return/Report of Employee Benefit Plan).

Ms. McGar is an active member in the Mid-Hudson Women’s Network and the Orange County Chamber of Commerce.

SUSAN E. BACH, Senior Vice President, Summit Actuarial Services, LLC

Susan E. (Sue) Bach is a Summa Cum Laude graduate from Mount Saint Mary College in Newburgh, New York, with a Bachelor of Science Degree in Business Management and Administration, with a concentration in Finance and a minor in English.

 Ms. Bach joined the team at Summit Actuarial Services in 2007. She has more than thirty-five years of experience in the accounting and finance field. She began her career working in the corporate arena for a NYSE-listed consumer products company in northern New Jersey where she held positions of increasing responsibility and rose to the position of Director of Financial Planning and Analysis. Ms. Bach has been part of the Summit team for more than 11 years. Her primary area of expertise is with plan documents and benefit
applications as well as in the budget and financial analysis area. She also has hands-on experience managing the treasury function and administering non-qualified employee benefit arrangements.