Larry Wilson and Richard Parker are two young, ambitious employees of an insurance company in New York City. Upon discovering a serious financial discrepancy involving fraudulent transactions, they bring it to the attention of their company's boss, Bernie Lomax. Impressed with their findings, Bernie invites them to his luxurious beachhouse on Hampton Island for the weekend to discuss and celebrate their diligence. Unbeknownst to Larry and Richard, Bernie is actually behind the scam and plans to have them killed to cover his tracks. However, Bernie’s own involvement with the mob backfires when he himself is targeted and eliminated just before the two friends arrive.

When Larry and Richard reach Bernie’s house and find him dead, they are initially shocked and frightened. But soon, they realize that pretending Bernie is still alive might be their best chance to stay safe. Antics ensue as they carry around Bernie's lifeless body, trying to maintain the illusion that he is still alive to fend off suspicion and the hitmen now tailing them. Their farcical attempts trigger a series of misunderstandings and comic situations, while the pair grapple with the increasing complexity of their deception, turning their anticipated relaxing weekend into a chaotic escapade.