Employee Benefit Plans icon

Employee Benefit Plans

Employers who want to recruit and retain the most talented employees gain a competitive advantage by offering a comprehensive benefits package, including high-quality medical insurance, pension plans, and profit-sharing arrangements. Yet requirements by the U.S. and New York State Departments of Labor, the IRS, and other regulatory bodies can be complex and confusing. The consequences for noncompliance can result in unforeseen penalties and unexpected repercussions.  

Lumsden McCormick can remove the complexity of managing your company’s employee benefit plans.

Our employee benefits practice team provides employee benefit plan audits, tax reporting, and consulting services to employers both large and small with a variety of single and multi-employer benefit plans. 

We are members of the American Institute of Certified Public Accountants’ Employee Benefit Plan Audit Quality Center. Membership requires compliance with stringent continuing education requirements and provides a network of valuable resources and industry tools.

Audit and assurance services:

  • Employee benefit plan audits
    • 401(k) Retirement Plans
    • 403(b) Retirement Plans
    • Defined Benefit Retirement and other Plans
    • Multi-employer Benefit Plans
    • Health and Welfare Plans
    • Employee Stock Ownership Plans (ESOP)

Tax services:

  • Form 5500 Series annual reporting requirements

Consulting services:

  • Department of Labor and ERISA regulatory compliance
  • Plan accounting systems, policies, and procedures

For more information about employee benefit plan audit services from Lumsden McCormick, please contact the Lumsden McCormick service leaders or complete the form below.

Services Leaders

Thomas Burns

Thomas M. Burns, CPA, CMA

Sherry DelleBovi

Sherry L. DelleBovi, CPA

Max Donlon

Max Donlon, CPA

Michael Grimaldi

Michael J. Grimaldi, CPA

Jill Johnson

Jill M. Johnson, CPA, CFE, CITP, FHFMA


Upcoming Events

Webinar Series Part III: Planning, Planning, and More Planning - What’s Necessary to Optimize Your Personal Financial Position

Webinar Series Part III: Planning, Planning, and More Planning - What's Necessary to Optimize Your Personal Financial Position

June 22, 2021

Given the proposed tax rate increase to individuals, planning will be the key to mitigate financial stress. Your key takeaways from this one-hour discussion will include planning strategies that you can implement now.

Learn More
Webinar Series Part I: Federal Tax Laws Gone Wild

Webinar Series Part I: Federal Tax Laws Gone Wild

May 25, 2021

Planning is key to mitigate the impact of the administration's proposed tax law changes expected for tax year 2021. This one-hour presentation will review the potential changes and the impact to your operations.

Learn More

Comprehensive. Proactive. Accessible.
How Can We Help?