Andrea Smith, CPA, CPC

Director of Retirement Plan Services

(541) 687-1170 asmith@kernuttstokes.com
University of Oregon Bachelor of Arts, Accounting
"Anything worth doing is worth doing right."
- Glenn Smith (Andrea's dad)

Andrea grew up in the small town of Nyssa, Oregon, located near the Idaho border and attended the University of Oregon. After graduation, she joined Kernutt Stokes where she has had the pleasure of watching the firm grow throughout her career.

Andrea’s career began in tax and audit. She then found her passion for working with retirement plans, where she can be creative in helping to design a plan that works for clients’ unique needs or satisfies complex testing requirements. As one of only a few Certified Pension Consultants (CPC) in the state of Oregon, Andrea loves providing opportunities for clients to save for their retirement future and providing opportunities for their employees to save, too.

A native Oregonian, Andrea lives in Eugene and has two sons, Cameron and Ian, along with three dogs and two cats. An enthusiastic soccer fan, she likes attending Portland Timbers matches with her son, Ian. She also enjoys Broadway musicals, live theater, finding new recipes to try, reading, and discussing books with her son, Cameron.

Professional Designations and Licenses

Certified Public Accountant, Oregon
Certified Pension Consultant
Qualified Pension Consultant
Qualified 401(k) Administrator

Memberships

Community Service

  • WellMama Oregon, board member, president (past), treasurer (past)
  • Center for Community Counseling, board of directors (past)
  • Eugene Active 20-30 Club, board of directors (past)
  • Eugene Active 20-30 Club Foundation, board of directors (past)

Awards and Recognition

20 Under 40 Award – Top Rising Business Stars in Eugene/Springfield

New Self-Correction Program for Late Participant Deferrals

by Andrea Smith |
Good news for 401(k) Plan Sponsors! Under new rules issued by the Department of Labor (DOL) beginning March 17, 2025, Plan Sponsors can now self-correct prohibited transactions resulting from the late funding of employee deferrals and certain participant loan failures. A new streamlined process will allow Plan Sponsors to correct those issues without filing under the DOL’s Voluntary Fiduciary Correction Program (VFCP) and provide fiduciary risk relief related to the correction of the prohibited transactions.

Important Retirement Plans Updates in 2025

by Andrea Smith |
New year, new rules, and new limits. In an increasing effort to help employees save for their retirement future, the SECURE 1.0 and SECURE 2.0 legislative acts contain several changes affecting retirement plans sponsors and participants. Over the next few months, we will deliver a series of articles which will take deeper dives into some of the newest rules and opportunities for retirement plans.

2025 Plan Limitations Reference Guide

by Andrea Smith |
Keep up-to-speed on employee benefit plan changes with our annual Employee Benefit Plan Limitations & Quick Reference Card.

Plan Limitations Reference Guide

by Andrea Smith |
Keep up-to-speed on employee benefit plan changes with our annual Employee Benefit Plan Limitations & Quick Reference Card.