Employee Benefit Plan Services

PRIMARY CONTACT:
Patricia Giudici, CPA

The Schnieder Downs Audit and Assurance Services for Employee Benefit Plans Services group performs:

Audit Services

  • 401(k), 403(b), and profit sharing plans, including 11-K
  • Employee Stock Ownership Plans (ESOPs)
  • Defined benefit and cash balance plans
  • Health and welfare plans

Consulting, Fiduciary, and Administrative Solutions*

  • Plan governance assessment, implementation and maintenance
  • Fiduciary and participant education
  • Investment menu analysis, including target date fund suitability
  • Fee benchmarking, including requests for proposals (RFPs)
  • Customized plan design analysis and implementation
  • Open architecture retirement plan platform
  • Individual Retirement Account (IRAs) solutions
  • Third-party administrative services, including:
  • Compliance and nondiscrimination testing
  • Form 5500 preparation
  • Recordkeeping for daily-valued individual account plans
  • Plan document preparation
  • Distribution processing
  • Participant reporting and notification
  • Plan corrections under EPCRS (IRS), DFVCP (EBSA), and VFCP (DOL)
  • Assistance with IRS and DOL examinations
  • Employee stock ownership plan (ESOP) consulting and administration, including feasibility analysis, repurchase obligation, and 409(p) testing (where applicable)
  • Nonqualified plan design and implementation

Audit and Assurance Services for Employee Benefit Plans Resources

About Schneider Downs ERISA

The Schneider Downs ERISA audit practice consists of a service model that is not limited to attest services, but includes providing support and oversight to clients, year-round access to experts, annual education seminars for clients that includes both regulatory and accounting updates, and more.  For more information, visit erp.dcemu.net/audit-assurance-services-employee-benefit-plans or contact us at [email protected].

*Consulting and Fiduciary Services are provided by SDAdvantage Retirement Solutions, LP (SDARS) and Schneider Downs Wealth Management Advisors, LP (SDWMA).

SDARS performs third-party administrative services for retirement plans.  These services typically include design and plan documentation, compliance testing and reporting, recordkeeping, contribution processing, and distribution services.

SDWMA is a Registered Investment Advisor providing investment management services to plan sponsors, including discretionary and non-discretionary investment advice regarding a plan’s investment options, the ongoing monitoring of those options and participant education.

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                                    Company impacted by ransomware.
big problem:
Company impacted by ransomware.
big thinking:
Restore system on-site and avoid six-figure ransom.
 
                                    Inefficient tax credit realization.
big problem:
Inefficient tax credit realization.
big thinking:
Identified a $900,000 tax credit, nearly twice as much as prior years.
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Pittsburgh

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