Focus on These 5 Areas to Ensure Benefit Plan Compliance
The Employee Retirement Income Security Act (ERISA) of 1974 requires all organizations that provide benefits to their employees to follow certain compliance guidelines. Most notably, this includes organizations that offer benefits such as retirement and health...
Understanding the Importance of Your Employee Benefit Plan Audit
Have you arranged for your employee benefit plan audit yet this year? If your organization provides more than 100 employees with employee benefits, the Department of Labor expects your plans to meet certain fiduciary responsibilities. Specifically, you are required to...
How to Choose the Best Auditor for Your Employee Benefit Plan
Not all CPA firms are qualified to carry out employee benefit plan audits. Here’s how to ensure you choose a firm that will work for you. First: Who needs to have a benefit plan audit? Employee Benefit Plan Audit Requirements If you have more than 100 employees who...