Employee Benefit Plan Audits make up a significant portion of our assurance engagements. We have very deep experience in this practice area as a result of our training and continuity of staff.
If your employee benefit plan is required to have an audit, it is the plan fiduciary’s duty to hire an independent auditor in order to comply with the Employee Retirement Income Security Act of 1974 (ERISA). Mitchell Wiggins is committed to providing quality audits as required by the DOL and the AICPA. Our Employee Benefit Audit Team has developed expertise through experience and education. With our specialized knowledge and training in audits of employee benefit plans, our staff is able to efficiently guide you through the entire audit process.
ERISA audits are often considered a burden to plan sponsors, providing little value. Our industry expertise will translate into a more cost effective audit with the least amount of disruption to your staff.
EMPLOYEE BENEFIT PLAN SERVICES INCLUDE AUDITS AND TAX PREPARATION FOR:
- 401(k) Plans
- 403(b) Plans
- Defined Benefit Plans
- Employee Stock Ownership Plans
- Frozen Plans
- Money Purchase Plans
ADDITIONALLY WE CAN:
- Provide assistance with Voluntary Fiduciary Correction Program (VFCP) filings
- Make recommendations for improvement and provide information on trends in the industry
- Review compliance with the plan document, IRS, and DOL regulations
- Provide assistance in understanding and maintaining appropriate fiduciary responsibilities.
- Your plan audit is personal to us and our goal is to remove your burden while offering your participants peace of mind.