Employee Benefit Plan Services Team

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1 Employee Benefit Plan Services Team Your employee benefit plan (EBP) helps attract and maintain quality personnel, but that benefit comes at a price. In addition to the fiduciary responsibilities and liability that comes with managing your plan, you must also manage assets, monitor service providers and oversee your audit each year. That being said, are your auditors part of the problem, or part of the solution? info@jmco.com Tallahassee

2 Experience the James Moore Difference PROBLEM The Employee Benefit Security Administration found audit deficiency rates as high as 39% when the Department of Labor (DOL) implemented their EBP audit inspections program. They also discovered a clear link between the number of employee benefit plan audits performed by a CPA and the quality of the audit work performed. JAMES MOORE SOLUTION We provide more employee benefit plan audits to companies located throughout North and Central Florida than any other CPA firm. We also maintain a dedicated EBP services team that receives EBP-specific training each year. Our years of experience mean we have the resources and know-how to keep you up-to-date on regulations and avoid penalties. Our membership with the AICPA Employee Benefit Plan Audit Quality Center requires a high standard of quality control over our EBP audit practice. The DOL also prefers auditors who are a member of this Center because of their increased confidence that the audits performed by its members are quality audits. WE ADD VALUE. 30+ employee benefit plan audits each year. We provide more employee benefit plan audits for companies throughout North and Central Florida than any other CPA firm. Dedicated EBP services team receives EBP-specific training each year and boasts a 100% team retention rate over the past five years, and a 71% retention rate over the past 10 years. Our audits are HIPPA compliant. EBP team members spend 20% of their time auditing employee benefit plans each year. Our firm spends, on average, 3,000 hours each year auditing employee benefit plans. Skilled at auditing defined contribution plans (including 401(k), 403(b), 401(a) plans), defined benefit pension plans, and health and welfare plans. info@jmco.com Tallahassee

3 Experience the James Moore Difference PROBLEM We know what you re thinking.and it s okay to talk about it. You would rather spend your time managing other matters than overseeing the audit process. In fact, you might even see your EBP audit as more of a necessary evil than a value-added service. JAMES MOORE SOLUTION Efficiency matters. We have four partners and senior managers certified in Lean Six Sigma who have applied the underlying principles of efficiency and quality to our processes firm-wide. Our EBP team members apply these methodologies to each of our audits to maximize efficiencies in the process by eliminating nonvalue activities. We also offer you a unique look at your processes and recommend ways to improve performance. Privacy matters. Our encrypted file sharing technology and messaging solutions allow face-to-face communication, instant messaging and live sharing of documents, with no risk of identity theft. We can also do most of the work remotely, if you prefer, with minimal disruptions to you and your staff. Retention matters. Our EBP audit team boasts 100% employee retention rate over the past 5 years and 71% over the past 10 years, so you re not wasting valuable time retraining your auditor every year. Our audits are easy on you. info@jmco.com Tallahassee

4 Experience the James Moore Difference PROBLEM There s a significant amount of liability that comes with managing a benefit plan. Are you receiving the level of service required for an engagement as specialized as EBP auditing and consulting? JAMES MOORE SOLUTION We add value to the engagement by explaining the finer details of your plan and helping ensure you meet your fiduciary responsibilities and protect the assets of your plan. We provide guidance from plan design and implementation, to ensuring plan compliance and investment management. Our advisors are here for you whenever you need their help. We ll meet with you in-person or over the phone outside of the engagement to discuss changes in regulations, answer any questions you have, and discuss unusual or new transactions to ensure there are no audit surprises. We also schedule our audits at a time that s convenient for you and we always deliver on-time, as promised. James Moore and Co. (JMCO) has conducted the annual audit for the various Shands benefit plans for the past 10 years. JMCO has exhibited the expertise and depth of resources to provide a quality audit in a professional and timely manner at a reasonable cost. The consistency of the staff and management assigned to the audit and their knowledge of our benefit plans is a huge plus in streamlining the audit process and offering recommendations to improve operational processes. Steve Fette, Accounting Manager, UF Health info@jmco.com Tallahassee

5 Meet James Moore, CPAs Employee Benefit Plan Leadership Team KATIE DAVIS, CPA, LSS CERTIFIED Senior Manager Katie has more than 10 years of experience providing accounting, auditing and consulting services to clients in a broad range of industries. As a result of her extensive experience providing benefit plan audits and related consulting services, she leads the firm s Employee Benefit Plan Team. Certified in Lean Six Sigma, Katie is also passionate about helping organizations become Lean enterprises. She delivers proactive strategies associated with ensuring continued, accurate financial reporting and compliance with regulatory agencies.... MIKE SIBLEY, CPA LSS Certified Partner Mike has more than 15 years of experience providing employee benefit plan audits and other accounting and auditing services for organizations representing multiples industries. He leads the firm s implementation of Lean Six Sigma practices associated with the auditing process, which include both employee benefit plan and financial statement audit engagements. Mike serves as the Partner-in-Charge of the Daytona Beach office KEN KURDZIEL, CPA Partner Ken has over 20 years of experience providing EBP audits, financial statement audits and accounting services to privately-held businesses, higher education entities, and nonprofit organizations. Ken serves as the Partner-in-Charge of the Gainesville office and leads the firm s Higher Education Services Team. He delivers efficient solutions for organizations to help address their requirements of prudent business and financial management in specific areas such as employee benefit plans, budgeting, risk assessments, and cash flow/ management... MARK PAYNE, CPA Partner Mark has more than 20 years of experience in the accounting profession and serves as the Partner-in-Charge of the Tallahassee office. He is responsible for the oversight of audit, accounting, and business consulting services to a variety of clients representing nonprofit organizations, privately-held companies, and governmental agencies. Mark has significant experience serving the needs of real estate organizations and construction companies and serves as an integral member of the firm s Real Estate Team and Construction Services Team. info@jmco.com Tallahassee

6 Meet James Moore, CPAs Employee Benefit Plan Team JAY HUTTO, CPA/ABV/CFF Partner Jay has over 20 years of experience providing personalized accounting services and employee benefit audits to a large number of clients. As a result of his experience addressing issues and providing proactive solutions for healthcare-related entities, Jay leads the Healthcare Services Team. In addition to providing auditing and tax services, Jay also provides business consulting, business valuations and litigation support to clients representing a diverse group of industries. KATHARINE LAVENHAGEN, CPA Manager Katharine provides financial and employee benefit accounting and auditing services to private companies, nonprofit organizations, and universityaffiliated organizations. Katharine has significant experience developing solutions to help her clients improve their financial reporting and achieve their long-term goals. DOUG GILLIKIN, CPA Senior Accountant Doug focuses on providing auditing and accounting services to clients representing multiple industries. Serving as a trusted advisor, Doug focuses his practice on providing employee benefit plan audits for privatelyheld companies and nonprofit organizations, as well as auditing pension liabilities of governmental agencies. info@jmco.com Tallahassee