BENEFIT PLAN SERVICES

There are many reasons employers institute employee benefit plans, but the most fundamental is to address the needs of their most valuable asset – their employees.

Whether the plan is a 401(k), an employee stock ownership plan (ESOP), a profit-sharing plan, or a traditional benefit retirement or health and welfare plan, Whitinger & Company possesses the experience and technical knowledge to provide assurance services for a variety of Employee Benefit Plans. This concentration and depth of experience has given our employee benefit plan audit team a broad understanding of the industry and the issues affecting your plan.

TYPES OF EMPLOYEE BENEFIT PLANS:

  • 401(k)
  • Health & Welfare Plans
  • Defined Benefit
  • Employee Stock Options (ESOP)
  • Profit-sharing plans
  • 403(b) tax-sheltered annuity plans
  • Money Purchase Pension
  • Multi-employer Plans

What does a Benefit Plan Audit Provide?

By creating and sponsoring an employee benefit plan, employers take on certain fiduciary and reporting responsibilities that can be complex to manage. Whitinger & Company’s benefit plan audit services not only help your organization stay on top of compliance requirements, but also provide critical intelligence to help you run your plan better through improved efficiencies, enhanced controls and overall continuous improvement.

BENEFIT PLAN SERVICES OFFERED:

  • Fiduciary Obligations Overview
  • Preparation of Federal Tax form 5500
  • Guidance to assist the business owner in maximizing their benefit from the plan
  • Guidance on compliance requirements set forth by the Department of Labor and the Internal Revenue Service
  • Audit of financial statements 

The employee benefit plan team at Whitinger & Company includes consultants that offer independent judgment and a deep familiarity with the many factors vital to a successful benefit plan. Our proven solutions and expertise demonstrate our goal to deliver practical, timely and affordable services.

Whitinger & Company is a member of the American Institute of Certified Public Accountants (AICPA) Employee Benefit Plan Audit Quality Center for CPA firms. This membership is available to firms who demonstrate a commitment to employee benefit plan audit quality and raise awareness of the importance of employee benefit plan audits. Established in 2004, this center provides the guidelines and tools that CPAs need to perform high quality benefit plan audits.

Member/Owner
jchilds@whitinger.com
Direct Line: 765-284-3384 ext. 229

Jerry Childs specializes in auditing with an emphasis on not-for-profit organizations, employee benefit plans, governmental compliance, and health care. He is a member of the American Institute of Certified Public Accountants and the Indiana CPA Society, has served as president of the Muncie Chapter of the Indiana CPA Society, has participated on numerous state society committees, and has served as a trustee for the Indiana CPA Society’s Political Action Committee. Jerry has also served his community as treasurer of the United Way of Delaware County and chairman of the Muncie Chapter of the American Red Cross. He is the past chairman of Westminster Village Retirement Community.