Get more from your Employee Benefit Plan Audit
QUALITY • EFFICIENCY • SPECIALIZATION • TEAMWORK
Commitment
We provide support
to plan sponsors
We identify issues within a plan’s processes and procedures that are not functioning effectively, and then work with the company to fix those issues by implementing changes to improve efficiency, accuracy, and compliance with regulations, often by suggesting new controls or modifying existing ones.
We help employees with their contributions to a retirement plan that were withheld from their paycheck but were not deposited into the plan by the employer within the required timeframe, essentially meaning the employer is late in sending the employee’s contributions to the retirement fund, potentially violating Department of Labor (DOL) regulations.
Voluntary Fiduciary Correction Program (VFCP) is a program administered by the U.S. Department of Labor that allows plan administrators to self-correct certain violations of the Employee Retirement Income Security Act (ERISA).
Delinquent Filer Voluntary Compliance Program (DFVCP) permits administrators otherwise subject to the assessment of higher civil penalties for failing to file a timely annual report to pay reduced civil penalties for voluntarily complying with the requirement to file an annual report under Title I of ERISA.
The Department of Labor (DOL) and the Internal Revenue Service (IRS) are both organizations that conduct audits, but they focus on different areas. The DOL and IRS share information, and the jurisdiction over 401(k) plans is divided between the two organizations. The IRS has primary jurisdiction over the qualified status of 401(k) plans, while the DOL has primary jurisdiction over fiduciary standards, reporting, and disclosure requirements.
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Suralink for request list management
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Secure cloud-based platform
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Establish recurring updates
Planning
Proactive Project
Management
Enhancing the efficiency of communication between us and you
Engagement
Senior Level Attention
One on one engagement for quicker results
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Engagement leader involved in testing
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Optimize audit efficiency
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Reduce delays in your audit completion
Our client success stories
Discover how we audit defined benefit and defined contribution plans including 401(k), 403(b), and employee stock ownership plans, along with health and welfare plans.
Help center
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With Coker and Company, LLC you get large firm expertise with small firm service, and a firm that focuses on employee benefit plans year round.
We use Suralink, a cloud-based document sharing platform that enhances the efficiency of communication between the Company and the Audit Team, and provides secure file sharing. Audit workpapers are stored using the Caseware cloud platform.
We provide employee benefit plan audit and consulting services to all industries and company sizes.
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We’re here to help
Need help with your employee benefit plan? We're here.
An insightful accounting firm with an engaged team, offering expert solutions for your employee benefit plans.
Angela Coker
CPA & Founder
