Employee Benefit Plan Audits

Timely & Accurate Adherence to Fiduciary & Regulatory Standards

Audits of Employee Benefit Plans are required by the IRS and Department of Labor (DOL), with oversight by the Employee Benefits Security Administration (EBSA).  With changing regulations and increased emphasis on particular aspects of reporting, accurate and timely completion of EBP audits and establishing effective controls for EBP administration have become mainstream tasks in plan fiduciary management. SC&H Group has a seasoned and dedicated group of professionals to expertly conduct benefit plan audits.  SC&H has a robust EBP Audit practice whose reputation has propelled its growth year over year.  We provide plan sponsors with expert EBP audit, audit coordination, and filing services for full compliance and assurance. SC&H professionals have both EBP auditing and third-party administration experience, bringing to their engagements depth and breadth of knowledge as well as dedication to client service.

We audit various types of qualified retirement plans as follows:

  • 401(k) plans
  • 401(a) plans
  • 403(b) plans
  • Prevailing wage plans

With SC&H as your Employee Benefit Plan auditor, you can expect:

  • Accurate and timely audit completion
  • Best practice recommendations made from seasoned professionals
  • Reporting knowledge for all defined contribution plans

  • Document due diligence advisement & consulting
  • Expertise in defined benefit and health & welfare plans
  • Timely Form 5500 and related forms preparation and filing

However your defined contribution or benefit plan is structured, SC&H has the experience and deep familiarity with various EBP audit regulations, standards, and best practices to provide timely and accurate assurance.  Our professional staff also advises plan sponsors on internal control procedures to gain ongoing efficiencies and minimize the risk of inadequate governance and reporting.