Pension Plan Audits
Our team provides a cost-effective and common sense approach to pension plan audits.
We ensure that each audit is well planned with dedicated staff; addressing your needs, exceeding your expectations, and delivering a high quality service with minimal disruption.
Our Service and Experience
Whether you just reached the $3M audit threshold and are embarking on your first audit, or looking to make a change, our team of experienced professionals, led by Partners Ryan Gibbons and Rick Santos, prides itself on offering team stability, cost-effective service and a high-quality reliable experience. With offices in London and Toronto, the team have successfully completed over 200 pension plan audits ranging from $3M to $200M for both public and private companies within industries including Automotive & Manufacturing, International Retail, Oil & Gas, Insurance, Education, Marketing, IT Security and more. We have experience with defined benefit plans, defined contribution plans as well as hybrid DB/DC plans.
We realize that each pension audit is unique and comes with a wide range of technical, compliance and risk factors that need to be considered. Our broad range of knowledge, educational background, technical expertise and industry experience ensures that we can offer a trusted and integral audit with the highest level of assurance.
Our Common Sense Audit Approach
- Timely completion of the audit – We will proactively staff the pension audit with knowledgeable staff and complete the audit by a mutually agreed upon deadline, in advance of the FSRA/FSCO filing deadline. We pride ourselves on not having to file extensions with FSRA/FSCO.
- Significant partner and manager involvement – Our engagement leadership will be actively involved in all phases of the audit to ensure that the audit is targeting the needs of the Plan.
- Working with management to minimize their required effort – We complete the majority of our pension audits remotely. By efficiently working with management to obtain audit evidence, we minimize the time taken, the disruption to your organization, and the amount spent, allowing you more time to focus on other tasks.
- Innovative use of technology – Our “paperless” approach to audit documentation and the use of electronic research and communication tools have produced significant efficiencies in the audit process.
An Alternative Service Provider
Many pension plans have historically been audited by the sponsor’s corporate auditors. We have developed our Pension Plan Group, as we recognize that there is a need for an alternative service provider who specializes in pension plan audits.
CPA, CA, LPA
firstname.lastname@example.org 519.673.3141 ext. 1281
Ryan holds a Bachelor of Commerce degree from the University of Windsor and received his Chartered Accountant professional designation in 2006. Ryan spent the first 10 years of his career with Ernst & Young focusing on the delivery of assurance services to manufacturing and health care clients in Toronto and Southwestern Ontario as well as conducting pension plan audits. Ryan joined Davis Martindale in 2014 and is leading the Firm’s pension plan practice.
Ryan is actively involved in the Canadian Pension and Benefits Institute as co-chair of the London Chapter, Board member of the Ontario Council and a member of the Ontario Conference Committee.
CPA, CA, LPA, CBV, CFF, CFP
email@example.com 519.673.3141 ext. 1272
Within three years of joining Davis Martindale, Rick was invited into the Partnership in 2009 and became Managing Partner in 2018. Rick holds a Bachelor of Business Administration degree from the University of Western Ontario and received his Chartered Accountant professional designation in 2005.
His practice focuses on assurance and corporate finance within numerous industries including construction, healthcare facilities, manufacturing, not-for-profit, and professionals.
With a strong commitment to community, Rick holds two Treasurer positions at Montessori Academy and Rotary Club of London. He also serves on the Board of 20 under 40 Foundation, as well as Coach of Byron Optimist Soccer. In addition, Rick was a part-time Professor at King’s University College (Western) teaching tax, audit, and corporate finance courses for 10 years.
firstname.lastname@example.org 519.673.3141 ext. 1259
Lexy holds a Bachelor of Management and Organizational Studies (BMOS) with a concentration in Accounting along with a Bachelor Degree in Psychology from the University of Western Ontario. She is currently a CPA student pursuing her professional designation.
Lexy has experience with both defined benefit and defined contribution plans, contributions and investment analysis as well as financial statement preparation gained from her time working as part of the pension services team at Davis Martindale. Alexis has also worked on both Audit and review engagements in both profit-oriented and not-for-profit entities.
email@example.com 519.673.3141 ext. 1303
Jessika holds a Bachelor Degree in Mathematics with a minor in Statistics from the University of Waterloo and a Bachelor of Business Administration with a concentration in Accounting from Wilfrid Laurier University. In 2019, she gained a Graduate Diploma in Accounting from Wilfrid Laurier University and is currently working towards her CPA professional designation.
During her time with Davis Martindale, Jessika has gained experience with defined benefit and defined contribution plans, contribution and investment analysis as well as financial statement preparation. She has worked on audit and review engagements for both profit-oriented and not-for-profit entities.