Employee Benefit Plans
Servicing the employee benefit plans for over 50 years has allowed us to develop an in-depth understanding of the issues and technicality of employee benefit plan reporting. It is this understanding and the reputation that position Peter Shannon & Co. to deliver results to our clients with employee benefit plans.
Overview
Increased scrutiny from the Department of Labor and regulations resulting from the Sarbanes-Oxley Act make it necessary that employee benefit plans be serviced by professionals with the technical experience.
Our audits are customized based on your needs and in accordance with the regulations. We have experience performing audits on various types of employee benefit plans including: 401(K) and defined contribution plans, Health and Welfare Benefit Plans, and Employee Stock Ownership Plans. To ensure that we maintain a high level of service, we use a team staffed with professionals to perform the audits. Direct partner contact and communication are also characteristic of our client service.
Accounting Services
- Audits of financial statements
- Entity and ownership structuring
- Compensation, residency and multi-state planning
Tax Services
- Preparation of Form 5500 & e-file
- Proactive identification of industry-unique tax planning opportunities
Consulting Services
- Internal control, financial checkups and management reviews
- Compensation studies
- Transaction planning and structuring
- Succession planning
