Why Your Business Needs An Employee Benefit Plan Audit

The ERISA and Department of Labor (DOL) annual reporting requirements for employee benefit plans pose unique challenges and complexities for plan sponsors. Noncompliance with these rules and restrictions can result in significant penalties. TDT’s dedicated Employee Benefit Plan Audit Team understands the risks that you face.

We have the technical expertise and a track record of success to help you minimize your risk and file your audited financial statements with confidence.

Our Audit Services

Our audit team places an emphasis on planning and organizing. This includes establishing an understanding of the plan and the sponsor’s industry to allow for an efficient and smooth audit process and timely coordination with third-party administrators.

TDT has a team of CPAs with more than 40 years of combined experience that specializes in employee benefit audits. We have the experience required to efficiently and accurately perform both limited-scope and full-scope audits of various types of plans including:

  • 401(k)

  • 403(b)

  • Profit sharing

  • Defined contribution plans

  • Defined benefit plans

Get in touch today to discuss your audit needs. Our dedicated staff knows what they are doing and asks targeted, relevant questions. We offer competitive pricing and hands-on involvement throughout the entire audit.

AICPA Employee Benefit Plan Audit Quality Center (EBPAQC) Member

To demonstrate our commitment to quality benefit plan audits, we have joined AICPA’s Employee Benefit Plan Audit Quality Center (EBPAQC). Membership is only available to those firms meeting requirements such as:

  • Existence of a dedicated ERISA audit partner

  • Continuing professional education requirements specific to employee benefit plans

  • Specific policies, procedures and internal inspection for the employee benefit plan practice

Dozens of privately-held plan sponsors have benefited from TDT’s focus and commitment to staying abreast of changing regulations in the Employee Benefit Plan arena.