Employee Benefit Plan Audits

Providing meaningful suggestions at the conclusion of the audit engagement

The Employee Retirement Security Act of 1974 (ERISA) generally requires employee benefit plans with 100 or more eligible participants (even if they have elected to not participate in the plan) to have an independent financial statement audit as part of the plan sponsor’s obligation to file Form 5500.

Our employee benefit plan auditors ensure clients’ audits meets the Department of Labor (DOL) and the American Institute of Certified Public Accountants (AICPA) audit requirements. Our team is committed to providing meaningful suggestions at the conclusion of the audit engagement.

Employee Benefit Plan Checkup Service

Though an employee benefit plan audit is only required for companies with over 100 eligible plan participants, we understand smaller plans may want an assessment. Our Small Plan Checkup service identifies and corrects plan compliance issues before they become regulatory issues.

• Employee Stock Ownership Plans
• Health and welfare
• 401(k) plans
• 403(b) plans
• Money purchase plans
• Multi-employer plans
• Pension plans
• Profit sharing plans
• Taft-Hartley plans
• Union plans

We have been a member of the AICPA Employee Benefit Plan Audit Quality Center since 2004; proud to have been one of the first Ohio firms to join. Additionally, our team frequently attends training provided by AICPA to stay up to date with new trends, procedures, and regulatory requirements.