Employee Benefit Plan Audits

employee benefit plan audit

For many business owners and Plan Sponsors, the thought of an employee benefit plan audit is daunting to say the least. At Anne McCaleb, CPA, we have spent years developing audit programs and procedures to make the process as painless as possible. Utilizing current technology allows us to perform the audit 95-100% offsite, minimizing the impact on your day-to-day activities, and my programs offer full collaboration with your Plan’s third-party administrators.

According to a recent Department of Labor assessment of audit quality, almost 40% of audits contained major deficiencies that would lead to the rejection of the Plan’s Form 5500. Don’t let your plan fall into this statistic! By choosing to specifically focus on limited-scope audits for single-employer defined contribution plans, our continuing education and research is precisely concentrated on keeping up to date with the rules and regulations of these plans. This is more important than ever, with the constantly changing requirements and the increased scrutiny and review by the Department of Labor.

Many firms have engagement partners and senior auditors who possess the necessary skills and knowledge to perform these audits; however, much of the audit work is passed to interns or associates. With Anne McCaleb, CPA, there are no interns or associates; you’re getting our full experience and expertise, the engagement partner, as we handle your audit from start to finish.

401(k) Plan Audit Services

Our Citrus Heights, CA CPA firm is a member of the American Institute of CPAs’ Employee Benefit Plan Audit Quality Center. The Center was established to promote the quality of employee benefit audits and hold auditors to a higher standard of service. This voluntary firm membership illustrates the firm’s commitment to performing quality ERISA audits.

Call 916-634-4002 now to learn more about our limited-scope audits for single-employer defined contribution 401(k) and profit-sharing plans or request your consultation online.

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