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EMPLOYEE BENEFIT PLAN AUDITS

EMPLOYEE BENEFIT PLAN AUDITS Fairly valued plan assets. Timely plan contributions. Properly stated plan obligations. Accurate benefit payments. These are all things that the Department of Labor (DOL) is evaluating as they continue to regulate and monitor employee benefit plans. After decades of regulation, the DOL continues to find that there are a significant number of Employee Benefit Plan (EBP) audits that do not meet DOL requirements. Will yours withstand the scrutiny? For companies with more than 100 participants in an employee benefit plan, having an EBP audit performed can be mandatory. But not just any Certified Public Accountant (CPA) can perform a quality EBP audit. Many simply provide it as an ancillary service, particularly as a courtesy to their corporate clients. It takes focus, dedication and experience to do the job right...and thats exactly the way we do business at Mayer Hoffman McCann P.C. (MHM). Over the past 20 years, MHM has developed a top-notch EBP audit practice with dedicated leadership, training and methodology. We are committed to providing our clients with a reliable, timely, high-quality audit. Its the only way we do things.

Plan Types
While each plan type does have its own unique nuances, our depth and breadth of expertise when it comes to an EBP audit is unmatched by most other rms. Whether a company has one or multiple EBPs, we work on many different EBP types including: n n n n n n n n Dened Benet Dened Contribution Prot Sharing ESOPs 11-k 401(k) 403(b) Multiple employer welfare arrangements

Professional Involvement
MHM was one of the rst rms to join the AICPAs Employee Benet Plan Audit Quality Center, which now has over 2,200 members. We also have professionals who are active members of both the Employee Benet Plan Audit Quality Center and the Employee Benets Technical Resource Panel. MHMs commitment to quality EBP audits goes even further with our continued investment in rm-wide technical training and annual internal inspections. We ensure our professionals receive specialized training and are kept up to date on the latest changes impacting EBP audits and all related topics such as updates on the Form 5500, independence matters, disclosures and duciary responsibility.

Why Choose MHM?


With the constant change in the rules and ling requirements, it is imperative companies choose an auditor who specializes in employee benet plans. Otherwise it could be troublesome, or in the worst cases, costly. MHM is one of the nations Top Ten accounting rms and has access to vast resources and expertise throughout the country. Our EBP audit practice is one of our leading industry/niche practice areas, not just an ancillary service like many other rms provide. Since it is a dedicated practice for us, your company can benet from the efciencies weve created, which translate to timely completion of work and potential cost savings. Furthermore, our involvement in the profession and depth of expertise allow us to provide added value to our clients by assisting them in developing a better understanding of their EBPs and the related ling and compliance requirements.

Our Experience
With a dedicated team of EBP auditors and as one of the nations leading EBP audit providers, MHM is committed to providing quality, thoroughness and precision at an affordable price. Our national EBP audit practice has grown to over 1,200 plan audits annually for a wide-spectrum of companies. We work with both public and private companies and companies ranging from small-medium sized to Fortune 500 companies.

A B O U T M AY E R H O F F M A N M c C A N N P. C .
Mayer Hoffman McCann P.C. is a national, independent CPA rm that has grown and ourished to become a national alternative to the Big Four. While we have resources across the country in more than 35 ofces, we maintain that our clients deserve personalized, premier caliber service. Guided by our core values of competence, integrity, respect and value, our professionals and our rm, operate as your trusted advisor. At MHM we are steadfast in our commitment to you and the public to deliver sound nancial reporting and reliable assurance services. You have our commitment to responsive service and compliance with the professions highest technical and ethical standards. Mayer Hoffman McCann P.C. provides a comprehensive range of audit and attest services including: n n n n n n n n n nancial statement audits of public and private companies and nonprot organizations yellow book audits SOC Reports of service organizations employee benet plan audits SEC advisory services litigation support reviews compilations other attest services

Copyright 2012. Mayer Hoffman McCann P.C. All rights reserved.

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