401(k) and Other Employee Benefit Plans

Employee benefit plans are a complex, specific area of accounting and reporting. You need a team of accountants who are experienced and specialize in 401(k) audits (and other employee benefit plan audits) and are dedicated to being knowledgeable in the changing annual accounting and reporting requirements. CPAs who will ensure you remain ERISA and DOL compliant at an affordable price.

Cornwell Jackson's extensive experience in auditing more than 50 employee benefit plans with more than 100 participants each year is ideal for employers who are trying to balance compliance while managing costs and still receiving value. This experience consists of working with a range of companies, including large employers with multiple plans and small employers with a single plan.

Combined with our considerable experience, we are committed to achieving the highest quality audit for all of our clients. We understand the challenges employee benefit plan administrators face, including increased responsibility and managing employee satisfaction, so we know that the last thing you want to stress over is your employee benefit plan audit. To make the process even easier and less of a burden for our clients, we perform several of our audit procedures electronically from our office.

Our dedicated team of trained professionals possesses the specialized knowledge and experience to ensure compliance with the appropriate standards and regulations. We also attend employee benefit plan specific training on a continued basis to ensure that we stay current with the ever-changing IRS, Department of Labor and accounting requirements.

As a member of the American Institute of CPAs' Employee Benefit Plan Audit Quality Center (EBPAQC), Cornwell Jackson has established quality control programs and integrated best practices that benefit our clients.

Employee Benefit Plan Services:

• Form 5500 preparation
• Defined contribution plans - 401(k) plans, 403(b) plans, profit sharing plans, employee stock ownership plans
• Defined benefit plans - pension plans
• Full and limited scope audits

 Experience - Plan Custodians/Trustees:

• ADP
• America's 401(k)
• Charles Schwab
• Daily Access
• Fidelity
• Great West
• The Hartford
• ING
• John Hancock
• Mass Mutual
• Milliman
• Nationwide
• Principal
• Wells Fargo

Industry Network Association Links:

• Employee Benefit Plan Audit Quality Center (EBPAQC)
• Society for Human Resource Management (SHRM)
• Dallas Human Resources Management Association (DHRMA)

Employee Benefit Plans Contacts:

• Scott Bates, partner
• Matt Groves, senior audit manager