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
- ESOPs
- Preparation of Form 5500
For more information about our employee benefit plan team, click the links below.
Partners:
Matthew W. Hale, CPA
Kevin L. Keller, CPA
Jennifer S. Lehman, CPA, CGMA
Managers:
Related Articles
ESOP Valuations Under Increased IRS Scrutiny
An employee stock ownership plan (ESOP) can facilitate the transfer of a business to the owner's children or employees over a period of years in a tax-advantaged way. However, the IRS recently issued a statement warning businesses about a range of compliance issues...
Valuing ESOPs
Employee stock ownership plans (ESOPs) provide tax-saving opportunities for business owners who want to cash out and transfer ownership to employees without immediately giving up control of the business. However, valuing stock held by an ESOP is an ongoing challenge...
Retirement Plans Can Be Disqualified for Not Keeping Up with Changes
It is not unusual for the IRS to conduct audits of qualified employee benefit plans. Plan sponsors are expected to stay on top of related changes in the tax law. If the tax agency uncovers compliance errors and the plan sponsor does not fix them, the plan could be...