Audits of employee benefit plans have become more complex due to new regulations and reporting requirements. The Department of Labor enforces the audit requirement for employee benefit plans with 100 or more eligible participants with stiff penalties for inadequate filings.
Employee benefit offerings are a pivotal part of your business. A quality audit helps ensure the financial integrity of the plan, protects plan participants and assets, and assists the employer in carrying out its fiduciary duties.
We add the most value to clients who have a relatively high-level of complexity, multiple recurring service needs and those that we work with throughout the year and over a longer period of time. This reflects our commitment to provide all clients with the highest quality of services.