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We can be a valuable asset to your benefit plan. A program of regular review and analysis of your plan documents and their operation is essential to keeping your plans healthy. Your employees are a valuable resource to the success of your business. To retain their talents, it’s important to have an employee plan that provides attractive benefits while ensuring compliance with IRS, Department of Labor and ERISA rules and regulations.
One unique service we offer is a pre-audit assessment to help prepare for your initial year audit. This assessment allows you the necessary time to accumulate the required information with minimal disturbance to your normal operations. It’s an important step that improves the efficiency and effectiveness of the audit process and it’s one we recommend for all our clients.
Somerset is an active member of the American Institute of Certified Public Accountants’ (AICPA) Employee Benefit Plan Audit Quality Center. This is a national community of CPA firms that demonstrates a commitment to raising awareness about the importance of employee benefit plan audits.
Interested in contacting someone in our employee benefits group? Connect here.