Employee Benefit Plan Services

Moving you forward in retirement plan opportunities

Employee Benefit Plan Services Group

The CSH Benefit Plan Services Group offers services with depth and focus unavailable elsewhere in the region. For more than 40 years, we have served our clients’ retirement planning needs. Over ten percent of our clients have used our services for more than 20 years because they can count on us for high quality, timely service from a firm they can trust. They appreciate our approach to saving them time and money.

Administration and Consulting

  • Qualified Plan Documents (including Section 125 cafeteria plans)
  • Valuation Reports
  • Trust Accounting
  • Testing (coverage and non-discrimination testing)
  • Form 5500 Preparation (including welfare benefit plans)
  • Employer / Employee Communication
  • Contribution Calculations
  • Vesting Determinations
  • Assistance with Distribution, Hardship and Loan Processing

Design, Implementation and Administration Services

  • 401(k) and 403(b) Plans
  • Profit Sharing Plans
  • Money Purchase Plans
  • Target Benefit Plans
  • Cash Balance Plans/span>
  • Traditional Defined Benefit Plans
  • Defined Benefit / Defined Contribution 401(k) Combination Plans
  • Non-Qualified Benefit Plans

Benefit Plan Audit Services

Qualified Plan Administration and Consulting (QPAC)

Retirement plan design, administration and consulting are QPAC’s only focus. We concentrate solely on qualified employee benefit plans year round. This is a core-competency of our firm, not an add-on business, and our clients notice. Your qualified plan is our priority, and your satisfaction is our top concern.

  • Design

    We design and administer custom retirement plans geared to each client’s financial situation. We are unaffiliated with any investment advisor, custodian, record keeper or product line. While other providers may try to fit your needs into a box that is already created, we can work outside of the box to provide a personalized solution. We strive to know you and your business. We listen to your needs, ask clarifying questions, and respond accordingly.

  • Implementation

    Our solution will include customizing not only your plan design, but also the forms and procedures necessary to meet your specialized needs. Throughout our relationship, we will keep you and your staff abreast of fiduciary responsibilities, important deadlines, any changes in law, and trends in interpretation. The end result is implementation of the best wealth accumulation and wealth protection plan for your employees.

  • Administration

    We can, if desired, handle the day-to-day administration of your retirement plan. A dedicated Plan Administrator will serve as the plan’s regular contact. Our six member administration team has over 125 years of combined industry experience in addition to a support staff of three full-time employees. We also actively assist with your plan’s contribution allocations. We know that there is stress associated with year-end planning, so we proactively support you with projected year-end allocations and bonus calculations prior to the end of the year. Easing your stress and your workload is part of our client centered philosophy. Our team will exceed expectations in servicing employee benefit plans because we are dedicated to timely, accurate service. We pride ourselves on being responsive and proactive to meet client needs.

Benefit Plan Audits

Employee benefit plan audits require a true focus. Unlike other public accounting firms, who may view employee benefit plan projects as “filler” work or training camp for junior auditors, we have a critical mass of seasoned accountants who view employee benefit plan work as their primary specialty area. Our commitment to clients is year-round. The result is a low-turnover rate of professionals who have had the time to become subject experts.

Our Employee Benefit Plan Audit Group is led by Jim Haubrock, a nationally recognized expert, who is locally based, and regularly involved with audits. His hands-on interaction means clients benefit not just from his knowledge, but from his personal involvement in their engagement. National firms may have an expert in New York or Chicago, but we understand the need for a local expert with the ability to interact face-to-face.

Our Employee Benefit Plan Audit Services:

Public Companies

We are one of the top 10 accounting firms in the nation to audit plans with 11-K filings. We have earned our place among national firms as an experienced auditor of SEC-registered plans. And a CSH-performed audit provides more reliable information used to manage and administer your plan.

Privately Held Sponsors

Your company offers an employee benefit plan to attract and retain the best team members. Clark Schaefer Hackett’s Employee Benefit Plan Audit Group can help you guard that investment in top talent. Trusting your audit to a firm with our level of training, experience and expertise will greatly reduce your risk of fines and other penalties.

NPOs & Higher Educational Institutions

We understand your benefit plan fiduciary responsibilities, even when the rules change. Our group stands ready to guide you through what has recently become a tricky process. New Department of Labor regulation amendments for 403(b) plans have impacted most nonprofit and post-secondary education organizations. CSH has completed several audits of University, College, and NPO plans, made more complex since the 2009 DOL reporting revision.

Small to Mid-Sized Businesses

Small companies often grow quickly, not realizing that federal regulations require an outside audit of employee benefit plans when they reach a certain size. Even larger plans, accustomed to annual audits, may underestimate the complexity of the reporting rules.

Becoming Your Trusted Advisor

Attorneys, bankers, brokers, insurance agents, and financial planners often refer their clients to us because they are confident our team will take care of their retirement plan needs. They trust our professionals to maintain an ongoing relationship that will continue to reflect well on them. These trusted relationships have resulted in over 50% of our clients being referred to us from outside advisors.

Employee Benefit Plan Services Guidance

Keeping you informed about the financial issues that impact you is a priority at CSH. You can count on us to share ideas, insights and best practices to keep you ahead of the curve.

How Can We Help You?

With a vast array of solutions to meet the needs of growing businesses, individuals and families, the question isn’t if we can help but how.

Employee Benefit Plan Services Team

We offer best-in-class technical expertise and services, but it’s the quality of our professionals that set us apart. At CSH, relationships matter, and we believe creating supportive, helpful, working relationships is perhaps the most valuable talent we offer. How can we support you? Contact one of our team members below or explore our searchable page of all firm professionals.