BMSS provides Employee Benefit Plan Audit Services to clients that have Defined Contribution (401(k), 403(b), Profit Sharing, ESOP) and Defined Benefit Plans, which require an audit. Audit requirements are established by the IRS and Department of Labor.

We are a member of the AICPA Employee Benefit Plan Audit Quality Center which requirements a commitment to provide quality audit services by adhering to management practices of additional training, quality control, and internal inspection.

A quality audit helps protect the assets and the financial integrity of your plan.  It helps you carry out your legal responsibility to file a complete and accurate report for your plan each year. It ensures that necessary funds will be available to pay future retirement, health and death benefits and helps fulfill your fiduciary responsibilities. 

As your plan’s independent auditor, BMSS is committed to helping you meet your annual financial reporting requirements. In addition to providing an accurate, reliable report in a cost-effective manner, we assist clients with understanding their plans and the related filing and compliance requirements.

With constant changes in the rules and requirements provided by the IRS and the Department of Labor, we along with attorneys, third party administrators and investment advisors, help our clients maintain plan compliance. 

You need professionals who value communication and emphasize organization and planning to facilitate a successful audit.  We are committed to helping you establish effective internal controls over financial reporting and make recommendations to improve plan administration and operation.