Compensation and Benefits

BDO Seidman offers an experienced network of professionals who focus on the development and implementation of strategic compensation and benefits arrangements for taxable and tax-exempt entities.

Our compensation and benefits services include:

Performance and Compensation

  • Assistance in the design of total compensation arrangements for executives and management, including base salary structure, annual incentive and long-term incentive plan design, and fringe benefits
  • Total competitive compensation analysis
  • Assistance in the preparation of compensation committee proxy disclosure
  • Review of FAS 123 disclosure for audited financial statements
  • Assistance in preparation of plan documents and communications materials for compensation programs
  • Analysis of compensation amounts to support tax deductibility and compliance with Intermediate Sanctions tax legislation (tax-exempt entities only)

Business Advisory Services

  • Diagnostic reviews of ERISA plans
  • Submission of qualified retirement plans under the IRS Employee Compliance Resolution System
  • Representation before the IRS on excessive compensation, golden parachute and property transfer compensation issues

ERISA Assurance Services

  • Performance of ERISA audits for pension and welfare plans, Summary Annual Reports and Summary Plan descriptions
  • Response to IRS and DOL inquiries regarding reporting and disclosure requirements

Mergers & Acquisitions Consulting

We can provide a review of ERISA considerations of pre- and post-M&A activity that includes the effect on qualified plans of each new entity involved, in addition to a diagnostic review of qualified plans for each entity. Our professionals also can provide tax planning and calculations with respect to golden parachute excise tax rules.

Physician Compensation

We can assist in the design and implementation of physician compensation plans for multi-specialty groups, primary care and single-specialty groups, academic medical centers, hospital systems and physician practice management companies.

BDO Seidman also offers ERISA and Employee Benefits Consulting services, focusing on:

  • ERISA Procedure and Compliance
  • Employee Benefits
  • 401(k) Plans
  • Fringe Benefit Programs
  • Cafeteria and Profit Sharing Plans
  • ESOPs
  • Incentive Stock Option Plans
  • Medical Expense Reimbursement Plans
  • "Rabbi Trusts"
  • Dependent Care Assistance Plans