IPOCAMPUS

Ipocampus Holding Odoni Partners recognizes that auditing employee benefit plans is an industry-specific service that requires specialized  experience and knowledge. With changing rules and regulations from the Department of Labor, Internal Revenue Service and other regulators, it is essential that organizations choose the right audit firm for their employee benefit plan audits.

Our Approach

• Communication - We value the communication process and emphasize planning and organization to help facilitate a smooth audit.
• Technical Experience - We assist clients in understanding the audit and compliance requirements related to their plan.
• Project Management - We work with our clients and their plan service providers (e.g. third-party recordkeeper, investment trustee, payroll service and actuary) to coordinate all phases of the plan audit.

Our Experience

Our professionals thoroughly understand employee benefit plan audits. We use a nationally developed audit approach and can provide guidance on best practices for various employee benefit plan audits, including: 

• Defined contribution (401(k), 403(b), profit-sharing, (ESOP)
• Defined benefit pension (pension, cash balance)
• Union-represented plans
• Health and Welfare
• Master Trusts
• SEC 11-K Filings
• Full-scope
• Limited-scope
• Form 5500 and Form 990 filings

In addition, we can offer suggestions to help improve the internal controls of a plan and can note areas that should be considered for compliance with the laws and regulations under the Employee Retirement Income Security Act of 1974 (ERISA).