Employee Benefit Plans
One of our fastest growing areas of practice, Bober Markey Fedorovich audits and prepares the appropriate tax filing and summary plan descriptions for approximately 400 different employee benefit plans including Form 5500/990, public companies with 11-K filings and plans with more than 45,000 employees.
The BMF Difference
Key to the success of this group is training and education. We offer assurance of our commitment to providing the best quality services supported by industry experience and knowledge.
James E. Merklin, partner and practice leader with more than 20 years of experience in conducting plan audits, is a member of the AICPA Employee Benefit Plan Expert Panel and serves on the 403(b) Plan Task Force. He is a recent past member of the Executive Committee of the AICPA's Employee Benefit Plans Audit Quality Center.
As well, Jim serves as the national chairman for the PKF North American Network Employee Benefit Plans Committee and the Ohio Society of CPA's Employee Benefit Plan Audits Conference planning committee as well as being named a key speaker for the conference.
In addition, our staff regularly attends relevant seminars, discussion forums and shares best practices with our affiliates through PKF North American Network in order to enhance quality and improve efficiency.
And Jim's status as a Certified Fraud Examiner (CFE) and Certified in Financial Forensics (CFF) strengthens our team's ability to perform the procedures necessary under Statement of Auditing Standards No. 99, Consideration of Fraud in a Financial Statement Audit.
Services
- Audits of all types of employee benefit plans including defined contribution, defined benefit and health and welfare plans (for both single- and multiple-employer plans), including a significant number of plans for Fortune 500 companies
- Assistance to 403(b) plans in getting ready for new 2009 reporting requirements
- Consulting services related to employee benefit plans
- Outsourcing services for preparation of plan financial statements and Forms 5500 / 990
- Review of internal control systems
- Compliance/discrimination testing
- Post-project review analysis
- IRS/DOL audit representation
- Mock IRS/DOL audits
- SAS 70 audit engagements
- Client representation in regulatory examination
Practice LeadersJames E. Merklin, partner
Danielle J. Kimmell, partner
2011 AICPA Written Testimony on Employee Benefit Plan Fraud by Jim Merklin, partner
2011 AICPA Fraud Risk Factors Specific to Employee Benefit Plans
2011 AICPA Employee Benefit Plans DOL Criminal Enforcement Cases Jan. 2006-March 2009