Employee Benefit Plan Audits
Expertise that ensures compliance of complex Department of Labor regulations plus safeguards plan assets for your employees.
Ever-changing regulations regarding employee benefit plans (EBPs) create a complicated situation for employers. Fortunately, our team of specialized EBP audit advisors guide you through the compliance procedures for your 401(k), 403(b), profit sharing, health and welfare, full-scope, or limited-scope plan.
Our thorough understanding ensures you can be confident that your plan is proactive, responsive, and compliant. We stay up-to-date on all the latest developments, in part due to:
- Membership in the AICPA Employee Benefit Plan Audit Center
- Attendance at the MNCPA’s annual employee benefit plan conference
- An affiliation with DFK International/USA, an association of more than 200 independent accounting firms
Want to learn more?
A behind-the-numbers view of best practices and holistic thinking.
The IRS defines sick pay as an amount paid under a plan to an employee who is unable to work because of sickness or injury. Sick pay may be paid by an employer or a third party, such as an insurance company, and includes both short- and long-term disability benefits.
As the weather takes on a wintry feel here in Minnesota, we’re forced to accept what we’ve been denying for weeks: the end of the year is near. For employers, this means it’s time to think about several tax-related to-dos, including W-2s.