Employee Benefit Plans Audit Practice
To protect the rights of your employees the Department of Labor (DOL) and Internal Revenue Service (IRS) require employee benefit plans of 100 or more eligible employees (in general) to be subject to specialized financial, operational and regulatory requirements under the Employee Retirement Income Security Act (ERISA). These complex requirements evolve constantly and include annual audits.
As a member of the American Institute of CPAs Employee Benefit Audit Quality Center we are committed to adhering to the highest quality standards by voluntarily agreeing to the Center membership requirements, which include designating a partner responsible for our employee benefit plan audit practice, establishing quality control programs, performing annual inspection procedures, and making our peer review report findings publicly available.
Our employee benefit plan audit services include:
- 401(k) Plans and 403(b) Plans subject to ERISA under the regulatory authority of the DOL
- Consulting services related to employee benefit plans
Baratz & Associates audit team understands the complex nature of the regulatory, accounting, tax and investment climate associated with employee benefit administration. A dedicated team of auditors possess the specialized knowledge and experience to help ensure compliance with the appropriate standards and changes in regulations. We work closely with your internal staff and third party plan administrator with the least amount of disruption to your organization. We pride ourselves in extensive staff experience and continuity of our personnel.
Our Employee Benefit Plan Audit Practice Leader is Mark H. Wander CPA/PFS/ABV/CFF. Please contact Mark for more information about our accounting and auditing services related to employee benefit plans.