News Category: Retirement Plan Audits

Image of a sign that says ESOP
January 13, 2025

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…

Photo of Jones & Roth CPA Evan Dickens
Photo of employee working at desk preparing for the company's first retirement plan audit
June 30, 2020

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…

Photo of Jones & Roth CPA Evan Dickens
importance of hiring quality employee benefit auditor
December 20, 2018

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…

Photo of employees walking to office in company that will need to file their first time audit requirement
October 30, 2018

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…

Photo of CPA Mark Reynolds
July 28, 2016

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)…

Photo of Jones & Roth CPA Evan Dickens
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