Not all CPA firms that perform financial statement audits have the same expertise and/or desire to audit employee benefit plans.

It may not be cost effective to use the same firm performing your financial statement audit to perform your employee benefit plan audit. Larger firms tend to come with higher billing rates and may not consider an audit of your employee benefit plan to be a high priority, which could result in low efficiency, last minute filings and inexperienced staff.

Hertzbach & Company, P.A understands that performing an employee benefit plan audit requires a specialized team of professionals, not audit generalists. We have developed a dedicated practice area to service the needs of employee benefit plans. Our team is comprised of specialists with significant experience dealing with the complex aspects of employee benefit plan audits; we are not a revolving door for inexperienced auditors. In addition, your entire team is available throughout the year whenever questions or issues arise, not just during the plan audit.

Our professionals have experience providing plan audit services for numerous types of qualified retirement plans, including:

· 401(k) plans
· Profit sharing plans
· Money purchase plans
· Defined benefit plans
· Employee stock ownership plans
· Health and welfare plans
· Single-employer and multiple-employer plans

In addition to these services, our benefit plan team provides consulting services to a wide range of industries. Our consulting services include:

· Design and implementation
· Review of internal control systems
· Outsourcing services for preparation of Plan financial statements and Form 5500
· IRS and DOL audit representation

Hertzbach & Company, P.A. is a proud member of the American Institute of Public Accountants’ (AICPA) Employee Benefit Plan Audit Quality Center. The Center is a national community of CPA firms that demonstrate a commitment to employee benefit plan audit quality. Membership requires that firms maintain a consistent level of quality with respect to audits of employee benefit plans and establish firm-wide training and staff continuing education requirements.