Employee Benefit Plan Audits

Employee benefits plans are an important attraction and enticement incentive for your workforce. Navigating the best way to provide and manage such benefits, though, can be a chore. At Davidson Pargman & Company we understand these challenges and the regulations surrounding them. We can also help you navigate regulations surrounding taxes and financial statement reporting.

Making sure your employee benefit plan meets all of the Department of Labor (DOL) and Employee Retirement Income Security Act of 1974 (ERISA) requirements is a key responsibility for most companies.  A 401(k) audit can assist with ensuring compliance.  If your company has over 100 employees, the DOL mandates that you have an employee benefit plan audit completed each year.

DPC is a member of the Employee Benefit Plan Audit Quality Center (EBPQAC) with the AICPA to keep up with best practices throughout Illinois.  Our knowledge of the EBP Industry and technical expertise sets us apart from other firms to ensure a high-quality audit.  We audit the following types of plans:  401(k) plans, profit sharing plans, and employee stock ownership plans.