Employee Benefits Plans audits are more than obligations.
Audits must be completed according to specific regulations outlined by the Department of Labor and Internal Revenue Service.
At KEB, we provide audit services for Employee Benefits Plans including 401Ks, 403Bs, multi-employer pensions, welfare and annuities. We work with plans ranging from $500,000 to $3 billion in plan assets.
During these complex audits, we partner closely with company trustees and owners to ensure Employee Benefits Plans are operating in accordance with stringent regulations, so your retirement plans remain qualified and your assets are protected.
For our multi-employer clients, we provide payroll auditing for contributing employees to ensure they’re properly remitting contributions to the fund. We can also help manage Taft-Hartley plans.
Because we take a people-centric approach, our audits go beyond numbers. KEB employs a dedicated, reliable team with extensive experience in the fiduciary responsibilities involving Employee Benefit Plans. We invest in learning how our clients operate and manage their plans so that we can offer recommendations to increase efficiency or handle new developments.
Although audits can be a time-consuming process, they are crucial to protecting against fraud and managing your business more effectively. At KEB, our diligence in compliance and regulation will help identify potential issues or future opportunities for improvement within your Employee Benefits Plans.