Employee Benefit Plan Audits

As an employer, providing competitive benefits can be a powerful tool for attracting and retaining top talent. Great benefits can provide tremendous value to your organization, but they also bring additional risk and responsibility. When you choose to provide benefit plans for your employees, you are responsible for ensuring that your plan is managed effectively and responsibly. As a general rule, Plans with 100 or more eligible participants are required to complete an annual audit, while smaller plans can also mitigate potential risk and ensure they are meeting their fiduciary responsibility with agreed upon procedures.

While many accounting firms provide employee benefit plan services as an afterthought, at JPS, our audit team is focused on employee benefit plan audits. We work to build long-term relationships with our clients, allowing us to streamline your audit process and provide you with a painless and effective audit process.

Since 2004, we have been members of the AICPA Employee Benefit Plan Audit Quality Center and are committed to ensuring that our audits provide value, help our clients ensure they are meeting their fiduciary responsibilities, and meet the highest standards set forth by the AICPA and the Department of Labor.

Our employee benefit plan audit services include:

  • 401(k), 403(b) and profit-sharing plans
  • Defined benefit pension plans
  • Employee stock ownership plans
  • Health and welfare plans
  • DOL and IRS representation

To find out more about how JPS’ employee benefit plan team can help you, contact a JPS professional listed below.