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Employee Benefit Plan Audits

In today’s marketplace, employers seeking to hire and retain the best talent must offer attractive, competitive compensation and benefits plans. While these plans offer many perks to employees, the resources required to comply with the laws and regulations governing their administration can be both significant and overwhelming. However, the risks of noncompliance can be very costly for the employer.

KatzAbosch is committed not only to overcoming these risks but also to providing the highest quality services possible for our clients. We understand the complexity of performing employee benefit plan audits in this strict regulatory environment. Our dedicated team of professionals possesses the specialized knowledge and experience needed to help maintain compliance with applicable standards and regulatory changes that may impact your company’s employee benefit plan and its audit.

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Employee Benefit Plan Audit Services

At KatzAbosch, we are continually committed to enhancing quality initiatives within our employee benefits plan practice and to delivering the highest-quality services. Our specialized services include:

  • Audits for the following types of plans:
    • Single and multiple employer 401(k) plans
    • Employee stock ownership plans (ESOPs)
    • Defined benefit plans
    • Cash balance plans
  • Preparation of and assistance with understanding plan financial statements
  • Preparing Internal Revenue Service (IRS) Form 5500 and summary annual reports
  • Representation before IRS and Department of Labor
  • Assistance with implementation and understanding of new standards
  • Plan advice
    • Assistance with plan corrections
    • Assistance with provider selections
“Other firms in this market are getting bought out, and so we appreciate the independence and consistent team at KatzAbosch.”
-Sarah Trees, Executive Director of London Towne Property Owners Association