
Finding the Right Audit Firm for your ESOP
There are over 70,000 retirement plans audited in the US by CPA firms every year. The vast majority of these take the form of the traditional 401(k) plan, and over 3,500 audit firms in the US perform these audits. A … Read more…

Retirement Plan Audits Performed Remotely
The world has become a much more complicated place for businesses of all types with the events of the first half of 2020. Yet there is one constant for many companies—the requirement to have a retirement plan audit by an … Read more…

The Importance of Hiring a Quality Employee Benefit Plan Auditor
When an organization moves from having a small retirement plan to a large one, the Employee Retirement Income Security Act (ERISA) generally requires a retirement plan with 100 or more participants to have an audit of their plan performed by … Read more…

Hitting the First Time Audit Requirement
Consider the following scenario: it’s October 10th, and you have just been notified by your third-party administrator that your retirement plan program has exceeded the maximum number of eligible participants to qualify for “small” plan status. Your program is now … Read more…

ERISA Covered Employee Benefit Plans Audit Quality
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has completed an assessment of the quality of audit work performed by CPAs with respect to financial statement audits of employee benefit plans covered under the Employee Retirement Income Security Act of 1974 (ERISA)…