Employee Benefit Plan Services

PRIMARY CONTACT:
Patricia Giudici, CPA

The Schnieder Downs Audit and Assurance Services for Employee Benefit Plans Services group performs:

Audit Services

• 401(k), 403(b), and profit sharing plans, including 11-K
• Employee Stock Ownership Plans (ESOPs)
• Defined benefit and cash balance plans
• Health and welfare plans

Consulting, Fiduciary, and Administrative Solutions*

• Plan governance assessment, implementation and maintenance
• Fiduciary and participant education
• Investment menu analysis, including target date fund suitability
• Fee benchmarking, including requests for proposals (RFPs)
• Customized plan design analysis and implementation
• Open architecture retirement plan platform
• Individual Retirement Account (IRAs) solutions
• Third-party administrative services, including:

• • Compliance and nondiscrimination testing
  • Form 5500 preparation
  • Recordkeeping for daily-valued individual account plans
  • Plan document preparation
  • Distribution processing
  • Participant reporting and notification
  • Plan corrections under EPCRS (IRS), DFVCP (EBSA), and VFCP (DOL)
  • Assistance with IRS and DOL examinations
  • Employee stock ownership plan (ESOP) consulting and administration, including feasibility analysis, repurchase obligation, and 409(p) testing (where applicable)
  • Nonqualified plan design and implementation

Audit and Assurance Services for Employee Benefit Plans Resources

• Schneider Downs Audit and Assurance Services for Employee Benefit Plans
• Schneider Downs FAQ – Employee Benefit Plan Audit Requirement
• Schneider Downs ERISA Employee Benefit Plan Services Brochure
• Schneider Downs ERISA ‘Our Thoughts On’ Articles
• Employee Benefit Plan Resources

About Schneider Downs ERISA

The Schneider Downs ERISA audit practice consists of a service model that is not limited to attest services, but includes providing support and oversight to clients, year-round access to experts, annual education seminars for clients that includes both regulatory and accounting updates, and more.  For more information, visit Audit and Assurance Services for Employee Benefit Plans or contact us at [email protected].

*Consulting and Fiduciary Services are provided by SDAdvantage Retirement Solutions, LP (SDARS) and Schneider Downs Wealth Management Advisors, LP (SDWMA).

SDARS performs third-party administrative services for retirement plans.  These services typically include design and plan documentation, compliance testing and reporting, recordkeeping, contribution processing, and distribution services.

SDWMA is a Registered Investment Advisor providing investment management services to plan sponsors, including discretionary and non-discretionary investment advice regarding a plan’s investment options, the ongoing monitoring of those options and participant education.