The Employee Retirement Income Security Act of 1974 (ERISA) sets forth the reporting and disclosure requirements for employee benefit plans. Generally, ERISA requires employee benefit plans with 100 or more participants to be audited by an independent qualified public accountant as part of their obligation to file an annual return/report (Form 5500 Series).

How CNM Can Help

CNM has strategically positioned itself as an expert in the field of employee benefit plan auditing. We are well trained in ERISA and benefit plan audit requirements by annual attendance of conferences taught by the Department of Labor, IRS and other employee benefit plan professionals.

We have designed an efficient audit approach which addresses all the complaints commonly voiced by companies:

  • "Too expensive"
  • "Take too long to issue their reports"
  • "They send a new staff accountant every year with little to no training"

The CNM Advantage

With a partner dedicated full-time to the employee benefit plan audit practice, we are able to provide a level of service and expertise unmatched by other CPA firms and almost always at a lower fee. We have several satisfied clients that will provide excellent references.

We only hire experienced professionals and are able to hit the ground running on our audits. We understand the value of our clients' time and do not waste it by sending out inexperienced staff accountants. Because employee benefit plans are a dedicated service line for CNM and not "filler work," we staff all audits with dedicated professionals that will actively manage audits and ensure that audits are performed speedily and reports issued timely.

Let us know how we can help you with your Employee Benefit Plan Audit needs!