Employee Benefit Plans

Auditing employee benefit plans is a specialized process that requires specific experience and knowledge. SBC understands the ever changing rules and regulations from the Department of Labor, Internal Revenue Service, and other regulators that effect employee benefit plan audits. Our team improves the internal controls and compliance with the laws and regulations under ERISA.

SBC has relationships with standard setters at the American Institute of Certified Public Accountants (AICPA) and the Department of Labor (DOL). We are involved in the AICPA Government Audit Quality Center. We audit companies with multiple employee benefit plans with total assets ranging from a few million dollars to over a billion dollars.

We use a risk-based audit approach and provide best practices for various employee benefit plan audits, including:

  • Defined contribution (401(k), 403(b), profit-sharing, ESOP)
  • Defined benefit pension (pension, cash balance)
  • Health and Welfare
  • SEC 11-K Filings
  • Form 5500 filings

Contact SBC to explore our solutions for employee benefit plans.