Jones & Roth Congratulates Danielle Ewing on Promotion!

Jones & Roth Congratulates Danielle Ewing on Promotion!

The shareholders of Jones & Roth CPAs and Business Advisors are very pleased to announce the promotion of Danielle Ewing, QPA, QKA to the position of Qualified Pension Administrator in the Eugene office, effective January 21, 2016. Danielle started with Jones & Roth in 2011, working with our Employee Benefit Audit Team for large plan filers with greater than 100 participants. She specializes in 401(k) Profit Sharing Plans, Employee Stock Ownership Plans and Defined Benefit Cash Balance Plans. Danielle has a Bachelor of Science degree in Accounting and a minor in Economics from the University of Oregon and is a member of the American Society of Pension Professionals & Actuaries. In her free time, Danielle enjoys traveling, volleyball, baking and...
Retirement Plan Audit Alert from U.S. Department of Labor with Jones & Roth Guidance

Retirement Plan Audit Alert from U.S. Department of Labor with Jones & Roth Guidance

By Evan Dickens, CPA The U.S. Department of Labor is getting serious about the quality of retirement plan audits—and they’re reaching out directly to plan sponsors. Last month, an email with the subject “The Importance of a Quality Benefit Plan Audit” was sent to all individuals who are registered as plan administrator of a retirement plan that is required to have an annual financial statement audit. That email, from “PlanForAuditQuality – EBSA” is a legitimate email from the Employee Benefits Security Administration to plan administrators reminding them of their responsibility in selecting a high-quality auditor for their retirement plan. This effort is a result of a recent DOL study that concluded that almost 40% of retirement plan audits performed are deficient, and further a plan audit is more likely to be deficient if performed by a firm that has only limited experience and/or performs a low number of retirement plan audits. Deficient audits are not just a problem for the auditor, because they can cause the DOL to refuse the filing of the Form Series 5500, which can lead to very substantial financial penalties for the retirement plan sponsor. If you received this email from the DOL, don’t worry, you haven’t been specifically targeted. However, this letter is a great reminder that the Department of Labor continues to increase its oversight of the retirement plan audit process, and a good opportunity to consider the expertise and experience of your plan’s audit firm. The DOL has also published a pamphlet with some great ideas and tips for selecting a high-quality auditor: Selecting an Auditor for Your Employee Benefit Plan The retirement...
J&R Retirement Plan Audit Team to NHRMA 2015

J&R Retirement Plan Audit Team to NHRMA 2015

The Retirement Plan Audit Team at Jones & Roth were recent attendees and event sponsors at the Northwest Human Resource Management Association 2015 Conference this week. Evan Dickens, CPA communicated “it was a terrific event, we really enjoyed connecting with HR and Benefit Managers to discuss their retirement plan audit needs and challenges.” Evan was joined at the Jones & Roth booth by his colleague retirement plan auditor Jon Newport, CPA who added “it was great meeting new HR Managers and connecting with our retirement plan audit clients as well.” The NHRMA conference attracted Human Resource professionals from across the Pacific Northwest who attended a wide variety of professional development and educational sessions regarding HR topics and industry trends. Northwest Human Resource Management Association (NHNorthwest Human Resource Management Association (NHRMA) has a proud tradition and history of service to the human resource professionals in the Northwestern United States and British Columbia dating from its formation in October 1939. The organization provides services to HR professionals and students in the states of Alaska, Oregon, and...