Employee benefit plans are subject to the financial reporting requirements of the Employee Retirement Income Security Act of 1974 (ERISA). ERISA contains a requirement for annual audit of plan financial statements by an independent qualified public accountant. Generally, plans with 100 or more eligible participants are subject to the audit requirement.
We can provide the following services:
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Full-scope and limited-scope financial statement audits of plans, including, but not limited to:
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Health and Welfare
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Defined Benefit
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Defined Contribution
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Communication of our recommendations through a management letter
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Reviews to monitor compliance with legislative and regulatory requirements
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Preparation of Form 5500 and Summary Annual Report
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Preparation of Form 5330, Excise Tax Return
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Preparation of Form 990
