2024 Employee Benefit Plan Audits

Services

Employee Benefit Plan Audits

A quality audit of your 401(k) or other employee benefit plan goes beyond the numbers and investigates the operations of your plan and its compliance with regulatory requirements.

At WilkinGuttenplan, we understand the challenges faced by plan administrators and the unique requirements of the employee benefit plan audit, and we offer a tailored solution to meet your needs. Using a proactive approach developed during our years of experience in providing audit services for employee benefit plans, we work with third-party administrators, investment advisors, record-keepers, attorneys, and plan sponsors to provide audit services that exceed your expectations.

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Bryan Saftlas

Practice Leader

Valerie Thorpe

Team Leader

Meet the Team Employee Benefit Plan Audits Brochure Comprehensive 401(k) Best Practices Checklist

Your WG team is experienced with the many nuances of employee benefit plan audits, including issues relating to new plans or plans first meeting the requirement to be audited and plans in termination situations. By attending training specific to plan audit and compliance issues, we keep up to date with the latest developments in the employee benefit plan arena, focusing on factors that impact plans’ accounting, financial reporting, and tax implications. Our expertise ensures that your plan audit will meet the Department of Labor and ERISA requirements, protecting you from potential penalties that could arise.

We understand that timeliness is essential; the implications of late filings are significant. We endeavor to complete your audit as quickly as possible while performing the necessary financial and compliance audit steps. Because we work in a paperless environment, we can leverage efficiencies to serve you better while maintaining the highest quality standards.

Practice Area Highlights

Extensive experience with the Employee Retirement Income Security Act (ERISA) regulations.
Serve retirement plan clients in diverse industries (including real estate, medical, and technology) for plans ranging from 100 to over 500 participants and $1.5 to more than $50 million in plan assets.
Membership in the AICPA Employee Benefit Plan Audit Quality Center – a voluntary membership organization designed to promote the quality of employee benefit plan audits. Membership requirements include ongoing training, successful peer review, adherence to quality standards, and experience.
Membership in the New Jersey Society of Certified Public Accountants’ Audit and Accounting Interest Group – Provides a forum for New Jersey CPAs to discuss and increase their knowledge of audit and accounting issues covering all audit and accounting practice areas.