Our qualified team of experts add value to your employee benefit plan audit.

The Internal Revenue Service (IRS) and the Department of Labor (DOL) are placing greater scrutiny on benefit plan financial statements and are imposing hefty penalties on plan administrators who neglect to file or file deficient audit reports.

What Hood & Strong LLP has to offer

Employee benefit plans are an important part of our practice and unlike other firms, our staff is trained in the intricacies of the requirements for ERISA audits, so you won’t have to worry about training them. Plus, we have an excellent reputation with our clients for providing continuity of staff, which translates into greater efficiency and better solutions for our clients.

We also offer our clients quality. Hood & Strong LLP was one of the first members of the newly formed Employee Benefit Plan Audit Quality Center. The American Institute of Certified Public Accountants recently created the center to promote and improve the quality of employee benefit plan audits.

We deliver value. We provide efficient, effective audits with minimum disruption to your daily operations so that you can continue to operate your business. During the audit process, we do more than fulfill a legal necessity. We look for potential risks that can trigger IRS audits, DOL exams, financial penalties and problems that prevent the plan from operating correctly.

What separates Hood & Strong LLP from the competition is the level of service that we provide to our clients. As our client, you’re our priority, and your business needs are our concern. So, when you call us, you’ll be talking to someone who knows you and your business, someone who will get back to you quickly and give your questions the care they deserve.

You can count on us to:

• Perform compliance reviews of defined benefit plans, defined contribution plans, and ESOPs
  
• Perform Full and Limited Scope Audits of defined benefit plans, defined contribution plans, and ESOPs
  
• Prepare IRS (Form 5500) Filings
  
• Assist with Plan Accounting and Financial Statement Preparation
  
• Provide Information Systems Support