Employee Benefit Plan / Form 5500 Business Valuations
Gateway Valuation Consulting provides independent valuations of privately held employer securities and other closely held business interests held by employee benefit plans when a valuation is needed for plan reporting, fiduciary, or Form 5500-related purposes.
When an employee benefit plan holds an interest in a privately held company, there is no quoted public market price for the investment. Determining current value may therefore require a business valuation based on the company, the specific security or ownership interest, and the applicable valuation date.
Plan Asset Valuations
Gateway values privately held business interests held as plan assets. The analysis is tailored to the company and the specific interest held by the plan and may consider operating performance, capital structure, ownership rights, marketability, and other factors relevant to value.
Form 5500 and Related Plan Reporting
Gateway's valuation may be used in connection with annual plan asset reporting and related Form 5500 reporting when a plan holds a privately held business interest.
The specific valuation, appraisal, fiduciary, and reporting requirements depend on the type of plan and security involved. Those requirements should be determined by the plan sponsor, trustee, ERISA counsel, TPA, CPA, or other plan advisor. Gateway's role is to provide the independent business valuation required for the engagement.
Working With Plan Professionals
Gateway can work with plan sponsors, trustees, third-party administrators, ERISA counsel, CPAs, plan auditors, and other professionals involved with the plan to obtain the information needed for the valuation and coordinate the reporting process.
Professional Standards
Valuation engagements are performed in accordance with the AICPA Statement on Standards for Valuation Services (VS Section 100), as applicable to the engagement.
Discuss a Plan / Form 5500 Valuation
If an employee benefit plan holds a privately held business interest that must be valued, contact Gateway to discuss the plan asset, valuation date, reporting purpose, timing, and next steps.