Employee Benefit Plan Audits
At Satty, we have extensive experience in conducting employee benefit plan audits. Our trained team of auditors are well-versed in the latest, Employee Retirement Income Security Act (ERISA), Department of Labor (DOL), and Generally Accepted Auditing Standards (GAAS) requirements. We are members of the Employee Benefit Plan Audit Quality Center (EBPAQC).
Federal law typically requires employee benefit plans with 100 or more participants to be audited as part of their obligation to file an annual return/report (Form 5500 Series). Whether your business has passed the 100-participant threshold or you have received a letter from the DOL, we help you navigate through the specialized world of employee benefit plan audits. We have a deep understanding of the unique areas of testing expected by the DOL. A quality audit enables you to fulfill your legal responsibility to file a complete and accurate annual return/report for your plan.
Services We Provide:
Service organization audits
Limited scope plan audits
Full scope plan audits
Defined benefit plan audits
Defined contribution plan audits
401(k) audits