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ESOP Audit Requirements: What Advisors Should Know Before a Client Needs One
Most plan sponsors do not think about their ESOP audit until the engagement letter arrives. By then, the documentation window…
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What Is an ESOP Audit? A Guide for Financial Advisors and Plan Sponsors
An ESOP audit is an independent examination of an employee stock ownership plan’s financial statements, performed by a qualified auditor…
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What Retirement Plan Advisors Get Wrong About the EBP Audit Referral
Most retirement plan advisors who manage 401(k) audit requirements on behalf of plan sponsor clients handle the audit referral the…
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How Form 5500 Audit Requirements Connect to Overall Plan Compliance
Many plan sponsors think of Form 5500 audit requirements as an annual filing obligation. In reality, the audit is one…
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How Retirement Plan Advisors Can Evaluate an ERISA Audit Firm Before Making a Referral
When a plan sponsor asks who can handle their ERISA audit, it can be tempting to provide the name of…
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When Is a 401(k) Audit Required? Common Misconceptions Plan Sponsors Should Know
Managing a retirement plan comes with significant responsibilities, and understanding when a 401(k) audit is required is one of the…
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Understanding the Filing Timeline and Form 5500 Due Date for Plan Sponsors
Managing a retirement plan is a year-round responsibility that culminates in one critical regulatory filing. The form 5500 due date…
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A Practical 401(k) Audit Checklist, Timeline, and Key Steps Every Plan Sponsor Should Know
For a plan sponsor, the first 401(k) audit can feel like an administrative mountain — and even the tenth doesn’t…
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The Offshoring Bet is Coming Due
The question I’d like to pose to my colleagues in the audit space, particularly employee benefit plan audits, is does…
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2023 Form 5500 – Change in Participant Count Methodology
Recently, the Department of Labor released a notice related to changes to the Form 5500 for plan years beginning on…
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SAS 136 – Steps to Determine if an ERISA Section 103(a)(3)(c) Audit is Permissible
During the Summer of 2019, the AICPA issued a new standard that is effective for periods ending on or after…
News & Insights
Your one-stop resource for keeping up with the latest industry developments, government regulations, and what you need to know about employee benefit plans.