skip to Main Content

Employee Benefit Plan Audits

Choosing the right benefit plans for your organization involves careful analysis of what your employees expect versus what your business can realistically provide. And then there’s the ongoing maintenance and evolving regulations enforced by various governing agencies.

Selecting a firm for your employee benefit plan audit and working through the audit process shouldn’t add to your worries. One of the most important factors in choosing an employee benefit plan auditor is experience. The U.S. Department of Labor (DOL) advises:

“One of the most common reasons for deficient accountants’ reports is the failure of the auditor to perform tests in areas unique to employee benefit plan audits. The more training and experience that an auditor has with employee benefit plan audits, the more familiar the auditor will be with benefit plan practices and operations, as well as the special auditing standards and rules that apply to such plans.”

Your team at Mize CPAs Inc. audits over 50 benefit plans annually and has first-hand knowledge to identify certain areas of risk in keeping with current DOL regulations. We also have significant experience with nearly all types of benefit plans, including:

  • 401(k)
  • 403(b)
  • Defined benefit
  • Defined contribution
  • Employee stock ownership (ESOP)
  • Health and welfare
  • Pension
  • Qualified and unqualified

Mize is a member of the AICPA Employee Benefit Plan Audit Quality Center (EBPAQC), and our CPAs regularly attend conferences to maintain technical knowledge on employee benefit plan audit requirements.

Whether you are considering a switch from your current auditor or aren’t sure if you even need to have a benefit plan audit, we are here to help. We can also help you navigate and respond to DOL compliance matters. Contact Lori Pittman, for more information.

Newsletter Icon
Newsletter Signup

If you would like to start receiving our free
e-newsletter, please fill out this form to subscribe.

I give consent to use this information to send additional emails and communications as described in your Privacy Policy.

Back To Top