S E R V I C E S
Employee Benefit Plans
Our Employee Benefit Plan team provides timely, knowledgeable insights to help mitigate risks while also adhering to DOL audit regulations.
The Department of Labor (DOL) Employee Retirement Income Security Act (ERISA) regulations require an annual audit of certain employee benefit plans. The audit report is then filed with Form 5500 and submitted to the DOL.
Employee Benefit Plan audits have become increasingly complex due to changing regulations and financial reporting requirements. Your Employee Benefit Plan needs an audit team that has a thorough understanding of these filing requirements and complexities.
The BSB Employee Benefit Plan team is that team.
Employee Benefit Plan Audit Services
- 401(k) plans
- 403(b) plans
- Profit sharing plans
- Pension Plans
- Safe Harbor 401(k) Plans
- Multiple – Employer Plans
- Prevailing Wage (Davis-Bacon) Plans
Additional Services
- Documentation and explanation of operational compliance issues
- Consultation on Correcting Identified Noncompliance Issues
- DOL representation
- AICPA Employee Benefit Plan Audit Guide-Based Work
- Form 5500 filing
- 401(k) CPE Opportunities
Leadership
Led by BSB Partner, Tom Crutchfield, our knowledge of generally accepted accounting principles combined with current ERISA requirements enables us to provide educated insights, to help mitigate risks while adhering to regulatory requirements. Our careful approach results in a timely audit and filing of Form 5500s with minimum stress.