Employee Benefit Plans

At Beers, Hamerman, Cohen & Burger, P.C. (BHCB), we have over 30 years of experience specializing in auditing employee benefit plans subject to the Employee Retirement Income Security Act of 1974 (ERISA), fostering compliance and protecting the financial integrity of your plan. Our dedicated team of experts provides comprehensive services tailored to meet the unique needs of employee benefit plans, including 401(k), pension, and health and welfare plans. We evaluate plan operations, internal controls, and financial reporting to help identify any weaknesses or errors. By leveraging our deep industry knowledge and rigorous audit processes, we help plan administrators fulfill their fiduciary responsibilities to help ensure that promised benefits are secure and available for participants. Trust us to deliver exceptional service and guidance for your employee benefit plan needs.

Multiemployer Benefit Plans

Our team excels in auditing Multi-employer benefit plans for various unions across the country, ensuring that each plan meets the highest standards of compliance and financial integrity.

We deeply respect the mission and values of unions, and our work reflects our commitment to supporting their efforts. By partnering with us, unions can trust that their benefit plans are managed with the utmost care and professionalism, safeguarding the interests of their members and ensuring the sustainability of their benefits.

Our long-standing relationships with multiple employer benefit plans are a testament to our dedication and proficiency in this specialized area.

Why Choose BHCB for Your Employee Benefit Plan Services?

BHCB offers over 30 years of specialized experience in auditing and managing employee benefit plans.

  • Deep industry knowledge fostering shop and financial integrity.
  • Extensive experience in ERISA and complex regulatory requirements.
  • Approachable and responsive team, ensuring clear communication and support.
  • Commitment to protecting financial health and sustainability of benefit plans.

  • 150+

    Years of combined Employee Benefit
Plan experience

  • 1,000,000,000+

    Retirement Investments Audited Annually

  • Participates in
    AICPA Peer Review Program

Attestation Services

Specializing in top-tier attestation services for employee benefit plans, BHCB ensures compliance with the latest regulations, including the Employee Retirement Income Security Act of 1974 (ERISA). The experienced team is well-versed in the requirements set forth by the AICPA's Statement on Auditing Standards (SAS) No. 136, which enhances the quality and transparency of employee benefit plan engagements.

Audit & Assurance Services

Whether performing ERISA section 103(a)(3)(C) audits or full-scope audits, the firm delivers clear, comprehensive reports that help plan administrators fulfill their fiduciary duties and protect the interests of plan participants. BHCB provides the thorough, reliable attestation services your employee benefit plan requires.

  • ERISA Section 103(a)(3)(C) Audits
    ERISA Section 103(a)(3)(C) audits, previously known as limited-scope audits, allow plan management to exclude certain certified investment information from the audit. At BHCB, we ensure that these audits comply with the latest standards, providing greater transparency and clarity about the scope and nature of the audit. Our approach includes detailed procedures for assessing the certified investment information and delivering a comprehensive report that acknowledges the specific requirements of this type of audit.
  • Full Scope Audits
    Full scope audits provide a thorough examination of all aspects of employee benefit plans, ensuring complete compliance with ERISA and other regulatory requirements. Our team at BHCB meticulously evaluates the plan, from operations and internal controls to financial reporting and supplemental schedules. By delivering detailed and transparent audit reports, we help plan administrators meet their fiduciary responsibilities and protect the financial integrity of the benefit plans.

Taxation Services

We offer taxation services tailored to the unique needs of employee benefit plans. Our expert team ensures compliance with all relevant tax regulations, accurately reporting the tax position of your benefit plan. We provide comprehensive support, from preparing annual tax filings to navigating complex tax issues, ensuring your employee benefit plan remains financially sound and fully compliant. Partner with us to secure the financial health of your benefit plan with our tax expertise.

Annual Return Preparation

At BHCB, we excel in comprehensive tax return preparation services for employee benefit plans, including the preparation of Form 5500. Our expert team ensures that all filings are accurate, compliant with DOL’s ERISA and IRS regulations. By leveraging our deep understanding of the specific tax requirements for employee benefit plans, we help safeguard your plan’s financial health and compliance, providing peace of mind for plan administrators and participants alike.

Representation & Advocacy

Navigating interactions with federal, state, or the department of labor can be daunting for employee benefit plans. We provide representation and advocacy, ensuring that your plan’s rights are upheld, and its interests protected during any disputes with the IRS or DOL. Our team is dedicated to effectively managing tax issues related to benefit plans, from audits to appeals, ensuring that your plan’s voice is heard throughout the process. With extensive knowledge and experience in IRS regulations affecting employee benefit plans, we work diligently to minimize tax obligations and resolve disputes with taxing or labor authorities efficiently and favorably.

Our comprehensive suite of assurance services ensures you have the reliable financial information necessary to make informed decisions and build confidence with stakeholders. Contact BHCB today to learn more about how we can support your financial assurance needs.

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If you like what you’ve seen so far, we’d love to hear from you! Reach out to us today and discover how we can work together to achieve your financial goals. Our team is excited to connect with you and provide the exceptional service and expertise that sets BHCB apart.

Email
info@bhcbcpa.com
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