Marcum performs assurance services for a wide variety of benefit plans that fall under the Employee Retirement Income Security Act (ERISA). 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.

Marcum’s low employee turnover provides a consistent and stable team of qualified experts who can efficiently guide clients through the audit process.

We utilize an efficient audit approach combined with up-to-date knowledge of the changes and updates governed by ERISA, the Department of Labor (DOL) and the Social Security Administration.

At Marcum, by keeping current with government-imposed rules and regulations, our professionals are able to identify issues and exposures that would concern a plan administrator and instill in our clients a significant comfort level in the face of ever-changing fiduciary responsibilities.

Marcum specializes in audits of all types of Employee Benefit Plans including:

  • Defined benefit plans.
  • Defined contribution plans.
  • 401(K) plans.
  • Profit-sharing plans.
  • Employee stock option plans (ESOP).
  • 403(b) and 401(a) plans.
  • Plans requiring 11K SEC filings.
  • Health and welfare benefit plans.

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.

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.

Our experience in the employee benefit plan arena gives us insight to interpret the technical aspects of relevant accounting pronouncements and regulatory requirements.

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Nonprofit & Social Roundup

Roundup of topics relating to the nonprofit and social sector.
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Contacts

Moises D. Ariza

Moises D. Ariza

Partner

  • Assurance
  • Miami, FL
Michael  Buchheit

Michael Buchheit

Partner

  • Assurance
  • Philadelphia, PA
Richard  Cooke

Richard Cooke

Partner

  • Assurance
  • Melville, NY
Adam  Firestein

Adam Firestein

Partner

  • Assurance
  • Fort Lauderdale, FL
Michael  Futterman

Michael Futterman

Office Managing Partner

  • Assurance
  • Miami, FL
Theodore R. Ginsburg

Theodore R. Ginsburg

Director

  • Tax & Business
  • Cleveland, OH
Dani B. Gisondo

Dani B. Gisondo

Office Managing Partner

  • Assurance
  • Cleveland, OH
John J. McGonigal

John J. McGonigal

Office Managing Partner

  • Assurance
  • Philadelphia, PA
James  Philbin

James Philbin

Partner

  • Tax & Business
  • Boston, MA
Kathy A. Raffa

Kathy A. Raffa

Office Managing Partner, Washington, DC Metropolitan Area

  • Assurance
  • Washington, DC
Thomas J. Raffa

Thomas J. Raffa

National Leader, Nonprofit and Social Sector

  • Assurance
  • Washington, DC
William D. Sawicki

William D. Sawicki

Director

  • Assurance
  • New Haven, CT
Rich  Tafel

Rich Tafel

Director

  • Managed Services
  • Washington, DC
Kimberley  Waite

Kimberley Waite

Partner

  • Assurance
  • Deerfield, IL
James D. Wilkinson

James D. Wilkinson

Office Managing Partner

  • Assurance
  • Providence, RI