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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 you in carrying out your company’s fiduciary duties.
We hope our resources help you to answer any Employee Benefit Plan audit questions you may have for your business. If you have additional questions, please contact our dedicated Employee Benefit Audit team.
Information@keitercpa.com | 804.747.0000