Compliance Reviews

Plan administration, funding and accounting rules are complicated. Our services will help you mitigate existing plan defects and avoid future defects. Our compliance reviews consist of:

• Checking the consistency between current administrative practices relating to benefit calculations and plan provisions.

• Verifying current reporting and disclosure requirements (i.e., Form 5500 filings and annual participant notices).

• Reviewing participant notice requirements relating to plan amendments.

• Evaluating current plan administration procedures.

• Reviewing benefit plans relating to business acquisitions.

• Checking of corporate and plan accounting reports relating to retirement, postretirement medical and life and postemployment benefit plans.

• Resolving accounting issues relating to corporate or plan financial statements.

The above services provide:

• More efficient plan administration procedures,

• Solutions to any plan administration defects,

• Savings relating to voluntary compliance,

• Benefit cost savings relating to a business acquisition, and

• Solutions to accounting issues relating to corporate or plan financial statements.