Employee Benefit Plan Services
Employee benefit plan trustees and administrators have a fiduciary duty to ensure the financial integrity of the plan. This responsibility includes hiring a quality auditor.
Hantzmon Wiebel’s dedicated employee benefit plan audit team has the specific training and experience necessary to perform these complex, specialized audits at the highest quality level. We understand the many nuances of ERISA laws and regulations and know what to look for to ensure that your plan remains in compliance. We identify plan inefficiencies and offer ways to improve plan operations, processes, and systems.
As part of our commitment to this area of practice, we invest the time, energy and resources to do it right. Our membership with the AICPA Employee Benefit Plan Audit Quality Center provides continuing professional education and extensive training to our staff. One of our team members, a former plan administrator, has earned the retirement plans associate (RPA) designation from the International Foundation of Employee Benefit Plans.
We make ourselves available for questions and consulting throughout the year and pride ourselves on proactive communication with clients. Even if your plan size does not require an audit, our team can review your plan and provide feedback about how to improved it. We can help prevent potential problems — or correct existing ones — as well as represent clients in IRS or Department of Labor audits.
Our Employee Benefit Plan Audit Services Cover:
- 401(k) Plans
- 403(b) Plans
- Defined Benefit Plans
- Defined Contribution Plans
- SEP and SIMPLE Plans
- Profit Sharing Plans
- Preparation of Form 5500
For more information about our employee benefit plan team, click the links below.
If you are a U.S. employer and you offer any kind of pension benefit to your employees, it is critical that you have an understanding of the Employee Retirement Income Security Act of 1974 (ERISA). The failure to know and fulfill your obligations and responsibilities...
Receiving a notice that the IRS is auditing an employee benefit plan is news that no employer wants to receive. If your company does get such a notice, knowing what to expect and preparing for the audit itself are the best ways to help the process go as...
One of the biggest challenges plan sponsors face is determining their 401(k) plan’s total cost, including the cost of investment management, plan administration, and participant services. Fees and costs associated with a retirement plan’s investments are...