BREAKING NEWS

BMF Ranks as a Top 200 U.S. Firm!

We are excited to announce that we have been recognized by INSIDE Public Accounting as a Top 200 Accounting Firm in the nation!

Articles & Publications

IRS Launches Pilot Pre-Examination Retirement Plan Compliance Program

In its June 3, 2022, Employee Plans Newsletter, the Internal Revenue Service announced a pilot compliance program affecting retirement plans and their sponsors. Under this pilot program, the IRS will notify a plan sponsor by letter 90-days in advance. Read More >>

401(k) Plan Loans: What Are Employees’ Options When They Depart?

September 18, 2018 Benefit Plans

Employees who have outstanding 401(k) plan loans when they leave their job are sometimes faced with the difficult quandary of needing to repay the loan in full within 60 days of termination of employment. If the loan isn’t repaid. Read More >>

An Ounce of Prevention: The Case for Effective Internal Controls

There really is no understating the importance of implementing effective internal controls. With a solid system of controls in place, you can be reasonably sure that your employee benefit plan is achieving and maintaining compliance with regulatory requirements and. Read More >>

Best Practices: Keeping Tabs on Service Providers

Selecting competent service providers and advisors is one of a plan sponsor’s most important responsibilities. But the responsibility doesn’t end there — the Department of Labor specifically tasks fiduciaries with periodically monitoring the activities of each service organization to. Read More >>