Employee Benefit Plans

Employee benefit plans are highly regulated, and mistakes can be costly. Our benefit plan audit team is versed in the latest knowledge for the full range of employee benefit plans:

• Multi-employer (Taft-Hartley) plans                               • Health and welfare plans
• 401(k) plans                                                                                   • 403(b) plans
• Profit sharing plans                                                                   • Training and apprenticeship funds
• Educational funds                                                                      • Single employer plans
• Multiple employer plans                                                         • Defined contribution plans
• Defined benefit plans

We help you stay on top of regulations and fiduciary guidance as they stand today, and keep you well informed of changes proposed by the Department of Labor, the IRS, and other regulators.

We work closely with trustees, administrators and other services providers to help you meet your compliance requirements. Our staff has extensive experience working with plans of all sizes across the country, from plans with assets of less than $500,000 and 100 participants to plans with assets of more than $100 million and thousands of participants.

Audits – We perform full scope and limited scope audits of financial statements of a variety of employee benefit plans. We also can assist with participant communications and statements to ensure your communications are compliant. Our firm is a member of the Employee Benefit Plan Audit Quality Center, which ensures we have cutting edge information from the Department of Labor and the IRS on new developments and new regulatory initiatives.

Consulting and Advisory – We work with plans who are going through significant changes to make sure they maintain strong internal controls and effective operations as plans grow, shrink, or even terminate, and as administrators and plan staffing changes. We work hard to make sure our clients are aware of the latest tools and software system to help them run their plan as easily and efficiently as possible.

Tax and Regulatory Reporting – We prepare IRS and Department of Labor reporting and disclosure and other ERISA compliance documentation as necessary for our clients.

Payroll Audits – We work with multiemployer plans to develop effective payroll audit programs so you can feel confident that you are collecting all of the contributions you are owed.

Contact us to find out how we can support your organization’s success.