Helping employers develop competitive benefit packages to attract and retain competent employees is just another of the specialties of T.E. Lott & Company. We currently provide varying degrees of services for over 100 employee benefit plans for employers that range from sole proprietors to large publicly traded companies. Whether your company is in the process of designing, establishing, re-working, or maintaining an employee benefit plan, our professionals are able to assist you.
Retirement plans
- 401k, profit sharing, ESOPS-- Plan document design, allocations, testing, reporting
- Plan audits as required by the Department of Labor for plans over 100 participants
- 11-K filings as required by the Securities Exchange Commission for plans offering employer stock
- Assisting in correcting plan errors through filing with the IRS Voluntary Correction Programs
- Employee education through meetings and retirement projection
- Individually designed plans where employer contributions are based on years of service or job classification
- Helping to establish internal controls over plan administration or auditing establishing controls
- Answering IRS notices and assisting in IRS audits of plans
- Consultation on existing plan design
- Form 5500 filings
Cafeteria plans
- Health insurance, medical expenses, and child care plans
- Estimating the tax benefits of cafeteria plans
- Plan design
- Monthly or annual reports
- Form 5500, if necessary
- Employee education and enrollments
T.E. Lott & Company | Columbus, MS - 662.328.5387 | Starkville, MS - 662.323.1234 | Tuscaloosa, AL - 205.759.4195
