The Hidden Risks of Employee Benefit Plan Audits

Failure to make sure that an employee benefit plan audit is done properly may spawn personal liability for a plan sponsor's officers ...

Benefit Plan Audits: No Longer Routine - Lilling & Company LLP

Well, not anymore. With the quality of those audits reportedly on a decade-long decline, faulty audits of employer-sponsored retirement and ...

5 Dangers of Not Getting an Employee Benefits Audit - CorpStrat

Without a regular audit, you may be paying more than necessary for your Employee Benefits. Plans that were competitive a few years ago might now ...

HR audits: A key to uncovering hidden risks and enhancing ...

... employees to enhance satisfaction and engagement. Let's review an example of an effective outcome from an internal audit of a common benefit plan practice:.

The Liability Risks Hidden in Your Employee Benefits Data - Articles

Missed terminations resulting in inappropriate plan utilization and the risk of increased rates; Incorrect disability benefit volumes which can ...

Don't Fall Prey to Audit Perils - ASPPA

Employee benefit plan audits are not a ... Lilling, partner in Lilling & Company, in “The Hidden Risks of Employee ... plans face at the hands of ...

The Not-So-Hidden Costs of EBP Audits by Autire Technologies LLC

Related Products. Thumbnail for Efficient, high quality employee benefit plan audits in the cloud - presented by · Thumbnail for Adding Value to Ret. Plan ...

Common deficiencies: Employee benefit plan audits

We've also included recent trends that might guide you in risk assessment and planning. The most frequent quality issues we've seen across all engagements are ...

Defined Benefit Plan Hidden Risks - EisnerAmper

Defined benefit plan hidden risks. Defined benefit plan governance and internal controls can be ignored when outsourced to 3rd party service ...

Preparing for Your First Employee Benefit Plan Audit - LBMC

Employee benefit plan audits are quite different from corporate audits. One of the most common reasons for deficient accountants' reports is the ...

Common Mistakes to Avoid During a Benefit Plan Audit - Lutz

1. Late Remittance of Employee 401(k) Deferrals ... One of the most frequent mistakes observed in employee benefit plan audits is the late ...

New DOL guidance for cybersecurity risks associated with employee ...

The DOL issued new guidance for addressing cybersecurity risks associated with benefit plans. Plan sponsors and service providers should ...

Navigating Common Pitfalls: Top 10 Employee Benefit Plan Audit ...

Navigating Common Pitfalls: Top 10 Employee Benefit Plan Audit Findings and How to Address Them · 1. Missing or Outdated Employee Documentation.

Employee Benefit Plan Audits | FBLG - Certified Public Accountants

You can customize which risk identification and internal audit services are required to best meet your Bank's specific needs. In order to build out a full scope ...

Audit Services for Employee Benefit Plans - Grant Thornton

Guidance to benefit your company and employees. While the daily operations of benefit plans are handled by internal departments and third-party providers, the ...

Benefit Plan Audits | Assurance Dimensions

“The 401K audit can be a stressful time for any employer. Each year, Assurance Dimensions comes along side of us to walk through the requirements of the audit ...

Employee Benefit Plan Audit (EBP) | The Bonadio Group

We Know Where the Risk Lies. Smaller plans that don't require an independent audit will likely have errors and compliance issues that can lead to costly ...

Employee Benefit & 401k Plan Auditing Services - Moore Colson

Get to know the experts ready to evaluate your employee benefit plans. This team is built to help with a broad range of industry services through audits, tax ...

EBP audits: Don't let your guard down - Journal of Accountancy

A lack of "healthy paranoia" can be one of the biggest problems in approaching employee benefit plan (EBP) audits, said Bertha Minnihan, ...

Zachary Finn, MSM, ARM, AINS on LinkedIn: Unveiling the Past ...

#EBP #employeebenefitplan #audits #employeebenefits · Employee Benefit Plan Audit Checklist · 1 · Like Comment. Share. Copy