Retirement Plan Audits (401k/403b)

Retirement plan audit services from Wall, Einhorn & Chernitzer

Your employees and their families depend on the retirement plans and pension plans you sponsor. A retirement plan has lots of benefits for you, your organization and your employees. Retirement plans allow you to invest now for financial security when you and your employees retire. Notably, you and your employees get significant tax advantages and other incentives. A good plan helps attract and retain better employees, which can also reduce new employee training costs.

Wall, Einhorn & Chernitzer understands the importance of these plans, and takes special care in our retirement plan audits and pension plan audits. We take great pride in helping you fulfill your annual reporting requirements and manage risks in often confusing qualified plan matters. Rest assured that Wall, Einhorn & Chernitzer has the skills and experience to efficiently and accurately perform audits of defined contribution and defined benefit plans.

• 401(k)
• 403(b)
• Profit sharing
• Pension
• Multi-employer plans

WEC is a member of the AICPA Employee Benefit Plan Audit Quality Center (EBPAQC).

When must a third-party CPA audit your retirement plan?

If your plan has 100 or more participants, federal law requires that an audit report be filed with your Annual Return/Report of Employee Benefit Plan Form 5500. If you have fewer than 100 participants in the plan, you are considered a small employee benefit plan, and (generally speaking) do not have to file an audit opinion when submitting a Form 5500.

For further information contact:

Susan R. Einhorn, CPA
Shareholder

Susan Einhorn joined Wall, Einhorn & Chernitzer, P.C. in 2002. Prior to joining WEC she was a shareholder with another local Hampton Roads accounting firm. Susan has 30 years of experience providing auditing, accounting and taxation services to closely-held business clients in a variety of industries including not-for-profit, construction (general contractors, subcontractors and developers), real estate (including HUD and VHDA) and retirement plans.

Contact Susan R. Einhorn

Shelloy K. Ranhorn, CPA
Manager

Shelloy Ranhorn joined Wall, Einhorn & Chernitzer, P.C. in 2004. She provides assurance, auditing, taxation and advisory services to closely-held business clients in a variety of industries in retirement plans, manufacturing, distribution, retail, franchise and construction industries. Shelloy is the leader of the firm's Employee Benefit Plan and Retail Services Teams. Shelloy manages the overall engagement process, including engagement planning, staff scheduling, ensuring fieldwork is completed efficiently and that deadlines are met. She is also responsible for reviewing and approving working documents prior to submission to the engagement partner.

Contact Shelloy K. Ranhorn