Situation: A medical practice’s previous third-party administrator had not produced participant retirement statements for more than a year, leaving approximately 100 employees without current retirement account information. Solution: Tronconi Segarra & Associates partnered with the client, financial advisor, and attorney to gather records, prepare statements, and transition the plan to a new third-party administrator. Impact: […]
Situation: A contractor discovered that monthly fringe benefit remittances had been prepared incorrectly for an extended period, creating recurring audit exposure. Solution: Our team assumed responsibility for preparing the monthly remittance templates and established a consistent process based on applicable payroll and union requirements. Impact: Subsequent audits of our client identified no discrepancies, and the […]