Audits of financial statements of employee benefit plans must be performed not only in accordance with professional auditing standards, but in accordance with the Federal guidelines established by the U.S. Department of Labor under ERISA (the Employee Retirement Income Security Act). These guidelines proscribe not only the information to be presented, but specific audit procedures to be performed during the engagement. 

Your benefit plan’s compliance to these rules should be trusted only to professionals that understand this specialty area, including the "80 to 120 Participant Rule" and the advantages of performing a limited scope audit rather than a full scope audit.

We understand the compliance rules and can provide you with confidence that your plan’s required financial reporting to the Department of Labor will be done in accordance with the law.

We have a dedicated team that performs:

• 401k plan audits, including limited and full scope audits
• 403b plan audits for not-for-profit organizations, including limited and full scope audits
• Defined benefit plan audits, including limited and full scope audits
• Employee stock ownership plan audits
• Preparation of Form 5500

We perform these employee benefit plan services for our audit and tax clients, as well as clients of other firms that do not have the necessary expertise.

Put our experienced and qualified professionals to work for you!

ECC has teamed with Retirement Plan Administrative Service, Ltd. ("RPAS") to deliver qualified retirement plan design, installation, government compliance and administration services.  RPAS is a full-service actuarial, consulting, and administrative services firm which has remained independent from investments for nearly 30 years.  Whether a business has a 401(k) plan, pension plan, ESOP, 403(b) or is contemplating a new plan, RPAS services are designed to help the plan sponsor maximize the value of their retirement plan.  Please contact an RPAS consultant directly at info@rpasltd.com or click here to view the RPAS website.