Employee Benefit Planning

Bruner-Cox LLP’s experienced staff provides high-quality audit and accounting services to more than 70 employee benefit plan clients ranging in size from limited to full scope audits for plans with participants of 100 to more than 5,000.

Experienced Professionals

Our employee benefit plan team includes a core group of professionals who receive specialized training and focus on employee benefit plans. These experienced team members understand the audit requirements and disclosure issues specific to benefit plans and can assist in complying with the Department of Labor and ERISA regulations and filing requirements.

Bruner-Cox LLP Employee Benefit Plan Solutions

  • Audits for plans with 100 or more participants
  • Review of internal control systems over the employee benefits area
  • Form 5500 preparation and related schedules or review of Form 5500
  • Assistance in plan design, installation and update/amendment
  • Review of annual anti-discrimination and other required compliance tests
  • Analysis of tax benefits and consequences
  • Multi year audits of plans not compliant with the annual reporting requirements
  • Conversion to Roth IRA advisory services
  • Estate and retirement planning
  • Compensation reviews and planning
  • Section 409A Non-Qualified Deferred Compensation Plans

Types of Plans

Employee Benefit Plan Audit Quality Center

Bruner-Cox LLP is a member of the American Institute of Certified Public Accountants Employee Benefit Plan Audit Quality Center. This is a firm-based voluntary membership center for eligible CPA firms that agree to adhere to the center membership requirements, which include:

  • Designating an audit partner to have firm-wide responsibility for the quality of the firm’s ERISA employee benefit plan audit practice.
  • Establishing a program to ensure that all ERISA employee benefit plan audit engagement personnel possess current knowledge, appropriate to their level of involvement in the engagement, of applicable professional standards, rules and regulations for ERISA employee benefit plan audits.
  • Establishing, documenting and communicating policies and procedures specific to the firm’s ERISA employee benefit plan audit practice to comply with the applicable professional standards and center membership requirements.
  • Establishing annual internal inspection procedures that include a review of the firm’s ERISA employee benefit plan audit practice by individuals possessing current experience and knowledge of the accounting and auditing practices specific to ERISA employee benefit plan audits.
  • Having its ERISA employee benefit plan audits selected during the firm’s peer review reviewed by individuals employed by a center member firm.

If you would like to discuss your employee benefit plan or would like to request further information about these services, please contact Assurance Services Partner, at 330.376.0100.