Employee Benefit Plans

The Benefits of Partnering with a Full-Service CPA Firm

We have built this area of our practice in much the same way we have built the rest of Geffen Mesher: through diligence, expertise, and trust. Supported by our firm’s broader tax and assurance leadership, we help plan sponsors meet the audit requirement while also giving them confidence that their plan is operating in compliance with ERISA and tax laws.

Our dedicated Employee Benefit Plan (EBP) team provides specialized audit services and knows that auditing a plan is more than just checking a box – it’s about protecting plan participants, maintaining fiduciary responsibility and staying up-to-date in an ever-changing and complex regulatory environment. As a member of the AICPA’s Employee Benefit Plan Audit Quality Center (EBPAQC), our team adheres to the highest standards of audit quality and stays informed on the latest regulations and industry best practices.

Today we serve our employee benefits clients across an array of industries with a systematic, focused and detail-oriented approach that helps ensure all policies and procedures line up with the mandates of the IRS and the U.S. Department of Labor (DOL). Our audit process includes the use of technology wherever possible to gain efficiency, minimize disruption and better target potential problem areas. We annually audit plans including:

Defined Contributions Plans – 401(k)
Defined Benefit Plans – pension plans
Employee Stock Ownership Plans (ESOPs)
Health and Welfare Plans

Beyond Compliance

We understand the complexities and fiduciary responsibilities involved in managing employee benefit plans. Our proactive approach helps our clients identify potential compliance issues early so they can steer clear of compliance-related investigations and potential fines, which can quickly cost a business in excess of $50,000. Making sure our clients are compliant with the DOL and IRS is at the core of our employee benefit plan services.

Our team helps provide recommendations on internal controls and processes through our written reports so that clients have the opportunity to improve benefit plans for their employees. Clients appreciate our meticulous nature, our care for details, and our understanding of all levels of tax laws and compliance issues. They also see that what really drives our firm is our commitment to building and maintaining long-standing relationships.