The Benefits of Drawing on SDK’s Expertise are Clear.
For a benefit program to work most effectively for a business, it must be designed specifically for that business. We understand this. At Schechter Dokken Kanter we first get to know you and your business. We ask questions. We analyze your current situation. We weigh all the options, keep your aspirations in mind and then tailor a program created specifically for you – one that contains the elements you need and want, and meets your business objectives and goals.
Your program will provide you with strong benefits for recruitment, as well as for pension and retirement planning. In addition, your plan will be a tax savings vehicle for your business. We know those strategies well and counsel you on the tax implications of every decision you make regarding your plan. And unlike other benefit programs, those designed by SDK are more than simple vehicles for saving money. They’re long term strategies you can rely upon for financial security.
The Benefits of Experience
With all we do in the specialized area of employee benefits, the core of our work includes administration and consulting for a variety of qualified retirement plans.
Not only do we help you identify the best plan for your firm’s specific goals, we help you implement that plan. We’ll assist you with IRS/Department of Labor inquiries, compliance matters, tax planning and virtually any other qualified plan requirements. Types of benefits we deal with on a regular basis include:
• 401 (k) Plans
• Safe Harbor 401(k) Plans
• Profit Sharing Plans
• Money Purchase Pension Plans
• ESOP’s (Employee Stock Ownership Plans)
• Defined Benefit Plans
In addition to creating plans we also provide the following administrative services for retirement plans including:
• Third party administration (quarterly and/or annually)
• Plan document preparation
• Compliance testing and reporting
• Trustee services
• Plan design consulting
The Benefits of the SDK Way
After we’ve reached agreement on your plan requirements and designed your benefits, we will conduct enrollment meetings with your employees. We also perform all the necessary compliance work, assuring that the integrity of your plan is properly maintained.
At SDK, we don’t stop working with you on your plan just because it is in place. We will advise you throughout the life of the plan ensuring it still meets your needs. Our firm was built on the notion of providing superior customer service and this is just one example. We take pride in the fact that you’ve placed your trust with us and we respect the plans we create for clients as if they were our own.
As time goes on, we monitor your plan and are proactive—applying the latest ideas and innovations to benefit you, your company and your employees. As your needs change over time we’ll adjust your plan accordingly – even if that means changing it to an entirely different program. Most importantly, we bring you the quality control and peace of mind that comes from partnering with a CPA firm as opposed to contracting with a third-party administrator.
The Benefits of Specialization – Auditing Employee Benefit Plans
In addition to designing Employee Benefit Plans, we also have a team dedicated solely to the audit of employee benefit plans. We are a member of the AICPA Employee Benefit Plan Audit Quality Center, and we are trained specifically in these types of audits. This is a unique ability, and we pride ourselves in the specialized techniques and procedures we are able to provide.
With all of the expertise we have in the Employee Benefits arena, you can rest assured that you are receiving the best possible advice for your company when it comes to benefits.
We call all of this the SDK Way, and it is why we’ll make a difference for you.
To learn more or to set up an initial appointment, please contact Nicole Brown at nbrown@sdkcpa.com or 612.332.9372.