Employee Benefit Plan Audits


Trained specialists. Consistent, high-quality audits.

McConnell & Jones is a leader in auditing employee benefit plans. We work with both single-employer and multiple-employer plans for large Fortune 500 companies as well as privately owned organizations. Our Employee Benefit Plan Team prides itself on delivering high-quality audits while giving personalized and responsive service. Our team of professionals is dedicated to benefit plan compliance and they take a proactive approach that helps clients meet their filing deadlines and avoid ERISA and/or DOL violations.

McConnell & Jones is in the top 40 accounting firms in the country that audit employee benefit plans. Our employee benefit plan team currently services more than 35 clients, performs more than 125 employee benefit plan audits and prepares approximately 90 IRS Form 5500s. Our portfolio of employee benefit plans consists of 40% Defined Benefit, 40% Defined Contribution, 20% Health and Welfare Plans, and total more than $55 Billion in total assets.

*Member of AICPA Employee Benefit Plan Audit Quality Center

Specialized Services

Audits of all types of employee benefit plans including:
— Defined contribution plans (401(k), 403(b))
New compliance requirements 403(b)
— Defined benefit plans (cash balance, retirement)
— Health and welfare plans consulting services related
     to employee benefit plans

Preparation of financial statements;
IRS Forms 5500 / 990;
SEC Form 11-K filings; and,
Review of internal control systems.

  Employee Benefit Plan Audit Toolkit
2012 ERISA Reporting Calendar

FASB Statement No. 157 Implementation Considerations

AICPA Plan Advisory on Financial Reporting and Safeguarding Assets


Form 5500 Quick Reference

Form 5500 Troubleshooter's Guide

 

Hands-On Experience

Pension and Savings Plans Audited by
McConnell & Jones
:
— Participants range from 150 for plans sponsored by
    nonprofit entities to 25,000+ for plans
    sponsored by publicly-traded organizations
— Assets range from $2 Million - $10 Billion

Welfare Plans Audited by McConnell & Jones:
— Participants average 33,000
— Assets average $557 Million
.

  News You Can Use


Latest Regulatory Updates from DOL's Employee Benefits Security Administration (EBSA)

IRS Announces Filing Dates for
Form 8955-SSA

Representative Clients

AT&T
Baker Botts LLP
Bechtel Jacobs
B&W Pantex
CenterPoint Energy
Cooper Industries
Duke Energy
Dynegy
JB. Poindexter & Co., Inc.
Memorial Hermann
Newfield Energy
NCI Building Systems
Rice University
Rowan Companies, Inc.
Shell
Stolt-Nielsen S.A.
Stewart & Stevenson
Southern Union
TARGA
Texas Children’s Hospital
University of Houston
Wärtsilä
Waste Management

   

 


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