Comprehensive Audit Services for Benefit Plans
Federal regulations require employee benefit plans with 100 or more participants to undergo an annual audit by an independent qualified public accountant. Hungerford has extensive experience auditing defined contribution plans, defined benefit pension plans, health and welfare plans, and employee stock ownership plans. Our team stays current with Department of Labor requirements, ERISA guidelines, and AICPA standards to ensure your plan remains compliant. We identify control deficiencies, late remittances, and eligibility errors before they become costly penalties. Our proactive approach helps plan sponsors fulfill their fiduciary responsibilities and gives participants confidence that their benefits are properly managed.
Employee Benefit Plan Audits | West Michigan CPAs + Tax Advisors
When it comes to an employee benefit plan, Hungerfords’ depth of experience will bring you peace of mind. You’ll get personalized service from our experienced staff and more value for your dollar. We’re proud of our track record for performing benefit plan audits in an efficient, cost-effective way.
Our attention to detail and personal touch helps ensure minimal disruption to your staff during the auditing process. We assign experienced personnel to provide the continuity and quality of service our clients require. The staff at Hungerford includes individuals with extensive knowledge of and auditing techniques.
Benefit Plan Services Include:
- Audits of benefit plan financial statements
- Preparation of required Forms 5500
- Preparation of Forms 990 for VEBA trusts
- Benefit plan design and compliance consultation services
- Employee Stock Ownership Plan Audits
- Assistance with annual plan qualification testing
- Auditing and attestation services
- Tax services
- Business advisory services
We’ll also provide you with helpful ideas on how to increase your plan’s efficiency, improve plan administration and keep in compliance with complex regulations.
Download our employee benefit plan brochure to learn more.
Connect With Our Team
Get in touch with our CPAs and business advisors today. We have five locations across West Michigan to help serve you better. Visit our offices in Grand Rapids, Greenville, Holland, Muskegon, or St. Joseph.