Marcum LLP
Employee Benefit Audits

Raffa – Marcum's Nonprofit & Social Sector Group's dedicated professionals possess the specialized knowledge and experience to help ensure compliance with the appropriate standards and changes in regulations that may impact your organization's employee benefit plan and audit.

Pension Plans and Other Employee Benefits

We provide full-scope and limited-scope audits for single and multi-employer plans that include:
  • 401(k) and 401(a).
  • 403(b).
  • Defined Benefit.
  • Money Purchase.
  • Profit Sharing.
  • Employee Stock Ownership (ESOP) plans.
  • Health and Welfare Plans.
LEARNING COMMUNITY
Learn from our experts.
Learn from each other.

VIEW CLASSES

As a member of the AICPA's Employee Benefit Plan Audit Quality Center, we are committed to adhering to the highest quality standards. We have a senior partner designated and responsible for our Employee Benefit Plan Audit Practice; we have established quality control and training programs; we have internal and external inspections and we participate in the EBPAQC events. We constantly monitor new regulations and guidance being published by these agencies and both comment on the proposed changes in the public comment period and then inform our clients of how the regulations will impact their financial and compliance reporting.

With evolving DOL rulings and increasing attention by the IRS and DOL on employee benefit plans, our clients value our ability to keep them in compliance. Our experience includes defined benefit pension plans, 403(b) plans, 401(k) plans, other defined contribution plans, health and welfare plans, and other specialized plans such as employee stock ownership plans. Our dedicated team of audit professionals who specialize in these plans, have audited retirement and benefit plans for more than 25 years and perform more than 50 audits each year. We prepare Form 5500 filings and provide consulting services to our clients related to IRS, ERISA, DOL and PBGC regulations.

 

EBP Strategic Planning

Competitive employee benefits packages are essential for attracting and retaining quality employees, but continuing to offer them can be tough with the rising cost of health care squeezing an already tight budget.

Cutting benefits may seem like a necessary reality for some companies, but could have serious long-term consequences. Retaining employees throughout these rocky economic times is vital so that your company remains competitive and positioned favorably in its industry when the economy rebounds. One remedy could be implementing a strategic benefit plan, which will help you find ways to contain or even cut costs while still offering competitive benefits.

In addition, we provide comprehensive solutions for many nonprofit clients in the areas of pension consulting and pension administration, such as the establishment and evaluation of employee benefit programs, benchmarking, executive compensation and benefits, salary surveys, deferred compensation benefits, regulatory filings, compliance testing, and plan administration.

Employee Benefit Plan Audits

Our experience in the employee benefit plan arena gives us insight to interpret the technical aspects of relevant accounting pronouncements and regulatory requirements. However, our experience allows us the ability to explain such issues in simple terms so that the "non-financial" person can understand them. We endeavor to present our clients with strategies to reward and retain key executive talent and structure and design competitive benefits packages.

NONPROFIT AND SOCIAL SECTOR GROUP NEWSLETTER

Stay Informed about the Latest Developments in the Nonprofit Social Sector

  READ MORE
 
 

Related News

Raffa-Marcum’s Nonprofit & Social Sector Group Named to Inaugural Real Leaders 100 List of Top Impact Companies


Press Release

Raffa-Marcum’s Nonprofit & Social Sector Group Named to Inaugural Real Leaders 100 List of Top Impact Companies

Marcum LLP announced that Raffa-Marcum's Nonprofit & Social Sector Group was named to the inaugural list of Real Leaders 100 Top Impact Companies, a collaboration ....

TriplePundit published 20 Questions for Private Foundations from Raffa - Marcum's Nonprofit & Social Sector Group


As Seen In

TriplePundit published 20 Questions for Private Foundations from Raffa - Marcum's Nonprofit & Social Sector Group

Raffa - Marcum's Nonprofit and Social Sector Group, a service of Marcum LLP, recommends 20 questions that can help guide private foundations in remaining compliant ....

20 Questions for Private Foundations from Raffa-Marcum’s Nonprofit & Social Sector Group


Press Release

20 Questions for Private Foundations from Raffa-Marcum’s Nonprofit & Social Sector Group

Raffa - Marcum's Nonprofit and Social Sector Group, a service of Marcum LLP, recommends 20 questions that can help guide private foundations in remaining compliant ....

TriplePundit announced the 2019 Empowering Vital Leaders Initiative of Raffa-Marcum’s Nonprofit & Social Sector Group, which will kick off on January 15.


As Seen In

TriplePundit announced the 2019 Empowering Vital Leaders Initiative of Raffa-Marcum’s Nonprofit & Social Sector Group, which will kick off on January 15.

Marcum LLP announced today that on January 15 it will host a special kick-off event in its Washington, D.C., office for a mentoring program designed ....

Raffa - Marcum’s Nonprofit & Social Sector Group Will Mentor and Empower Women Leading Change Around the Globe


Press Release

Raffa - Marcum’s Nonprofit & Social Sector Group Will Mentor and Empower Women Leading Change Around the Globe

Marcum LLP announced today that on January 15 it will host a special kick-off event in its Washington, D.C., office for a mentoring program designed ....

Big Think published an article by Rich Tafel, director of Raffa Social Capital Advisors, on the advantages and disadvantages of establishing a hybrid for-profit / nonprofit business model.


As Seen In

Big Think published an article by Rich Tafel, director of Raffa Social Capital Advisors, on the advantages and disadvantages of establishing a hybrid for-profit / nonprofit business model.

The rise of impact investing into for-profit social ventures makes this is a powerful alternative to the nonprofit model.

IRS Guidance on Long-Awaited Qualified Transportation Fringes for Exempt Organizations is Finally Here


Press Release

IRS Guidance on Long-Awaited Qualified Transportation Fringes for Exempt Organizations is Finally Here

The TCJA, signed into law in December 2017, provided sweeping changes affecting almost all businesses and individual taxpayers. One such change related to limitations on ....

DC Exemptions May Be At Risk


Nonprofit - Tax Services

DC Exemptions May Be At Risk

The District of Columbia's Office of Tax and Revenue has issued a notice announcing that all franchise, sales, and personal property tax exemptions will now ....

Opportunity Zones New Regulations Favor Investors with Less Explicit Focus on Poverty


Nonprofit - Social Capital Advisors

Opportunity Zones New Regulations Favor Investors with Less Explicit Focus on Poverty

In late October Treasury wrote out new guidelines for Opportunity Zones that cleared up some unanswered questions for investors and nonprofit's addressing poverty.

Long-Awaited QTF Guidance for Exempt Organizations is Finally Here


Tax Flash - Nonprofit & Social Sector

Long-Awaited QTF Guidance for Exempt Organizations is Finally Here

While tax exempt businesses continue waiting to see if Congress will find a way to repeal this part of the Tax Cuts and Jobs Act, ....

The Washingtonian featured Raffa – Marcum’s Nonprofit and Social Services Group in an article about philanthropy by Capital-area companies.


As Seen In

The Washingtonian featured Raffa – Marcum’s Nonprofit and Social Services Group in an article about philanthropy by Capital-area companies.

This accounting group - now known as Raffa - Marcum's Nonprofit and Social Sector Group after a recent merger - gives its DC office unlimited ....

Long Island Business News featured Marcum’s merger with Raffa P.C.


As Seen In

Long Island Business News featured Marcum’s merger with Raffa P.C.

Marcum announced today that it has merged in Raffa, a Washington, D.C.-based public accounting firm focused on serving the nonprofit sector.

NonProfit Times reported on Raffa PC’s merger into Marcum.


As Seen In

NonProfit Times reported on Raffa PC’s merger into Marcum.

Nonprofit-focused accounting firm Raffa, P.C. was merged into Marcum LLP effective October 1. The Raffa team joined Marcum's Not-for-Profit Practice group, which will be known ....

Accounting Today reported on Marcum’s merger with Raffa P.C.


As Seen In

Accounting Today reported on Marcum’s merger with Raffa P.C.

Marcum LLP has added Raffa P.C., bringing together two Top 100 Firms and supplementing Marcum’s not-for-profit practice with a nonprofit-focused group led by women partners.

Marcum LLP Merges in Raffa, P.C., Creating a National Accounting Force in the Nonprofit Sector


Press Release

Marcum LLP Merges in Raffa, P.C., Creating a National Accounting Force in the Nonprofit Sector

Marcum LLP has merged in top accounting firm Raffa, P.C., effective October 1, the Firm announced today. A recognized leader in the nonprofit and social sector, ....

The Hartford Business Journal published a column by Tax Services Director Marla Esan about the impacts of the Tax Cuts & Jobs Bill for nonprofit organizations.


As Seen In

The Hartford Business Journal published a column by Tax Services Director Marla Esan about the impacts of the Tax Cuts & Jobs Bill for nonprofit organizations.

Like every sector, nonprofits won some and lost some in the Tax Cuts & Jobs Act. Here is a brief summary of the provisions impacting ....

Tax Partner Robert Spielman wrote about maximizing your charitable contributions for his latest column in the Coconut Creek City News.


As Seen In

Tax Partner Robert Spielman wrote about maximizing your charitable contributions for his latest column in the Coconut Creek City News.

There is seemingly no end to the solicitations we receive from qualified charitable organizations seeking our assistance.

Managing the Risks and Exposure Associated with Fundraising Activities


Tax-Exempt Business

Managing the Risks and Exposure Associated with Fundraising Activities

For many nonprofit organizations, a robust fundraising function is an important part of any long-term plan for success. A nonprofit's executive leadership team must, however, ....

Managing Restricted Contributions: How to Keep Your Nonprofit Organization Out of Trouble


Tax-Exempt Business

Managing Restricted Contributions: How to Keep Your Nonprofit Organization Out of Trouble

For nonprofit organizations that receive contributions from private donors, there can be a variety of risks, including tracking and expending contributions as well as accounting ....

Significant Changes Ahead for Non-Profit Organizations' Financial Reporting


Tax-Exempt Business

Significant Changes Ahead for Non-Profit Organizations' Financial Reporting

The Financial Accounting Standards Board ("FASB") has been working on a financial statement project that may result in a number of changes to accounting standards ....

 
 
HAVE A QUESTION? ASK MARCUM
 
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

Privacy Policy

This website uses cookies to learn how visitors interact with our website so that we can improve our services and your online experience. By using this website, you agree to our privacy policy.