Employee Benefit Plan Audits

Right sized and ready.

No matter your setup, we provide the tailored services you need to maintain compliance and protect your fiduciary responsibilities. We have a team exclusively focused on EBP audits, including 401(k), 403(b), pension, and health and welfare plans. We offer ERISA section 103(a)(3)(c) audits, non-section 103(a)(3)(c)  audits, IRS audit support, and specialized consulting. We stay ahead of industry standards through our  industry memberships, relationships, and leadership positions. We’re not just up to date — we’re ahead of  the curve helping you prepare for what’s next.

Consultative and complete.

The standards and regulations surrounding audits of Employee Benefit Plans (EBPs) are complex and demand a specialized level of training and expertise. Maher Duessel is well aware of the issues that management and governing bodies must address in accounting, tax, control, and reporting that are unique to employee benefit plans.

Maher Duessel conducts EBP audits with a dedicated team of professionals. To ensure familiarity with the demands of this industry, our team focuses on these engagements and receives specialized employee benefit plan audit compliance training totaling 8 to 16 hours per year. The firm is also a member of the  American Institute of Certified Public Accountants (AICPA’s) Employee Benefit Plan Audit Quality Center  (EBPAQC) which provides us a full network of resources.

Proactive and powerful.

With a rigorous focus on quality and compliance, we ensure that your audit is conducted with the highest standards, providing insights that go beyond the numbers. Our proactive approach identifies potential issues before they escalate, offering you actionable solutions.

Services we provide for employee benefit plans.

• Audits of 401(k), 403(b), pension, and health and welfare plans subject to the Employee Retirement Income Security Act (ERISA) under the regulatory authority of the U.S. Department of Labor
• Audits of church, denominational, and other similar plans exempt from ERISA
• Preparation of IRS Form 5500, Form 8955-SSA, and summary annual reports
• Assistance with IRS audits of EBPs
• ERISA section 103(a)(3)(c) audits and non-section 103(a)(3)(c) audits for single and multi-employer plans as well as defined benefit plans
• Consulting services related to EBPs

A successful track record with EBP audits.

• We currently audit the pension plans of more than 100 governmental entities on an annual basis as part of our main audit process.
• We perform stand-alone EBP audits for several governmental entities including:
  - Four major metropolitan cities in Pennsylvania
  - A county in Montana
  - Two major Pennsylvania transportation agencies
  - A major Pennsylvania metropolitan housing authority
• We perform stand-alone EBP audits for our non-profit clients including:
  - Health and Human Service Agencies
  - Private Schools
  - Professional Associations/Member Based Organizations
• We perform IRS Form 5500 filings for several of our EBP audit clients.
• We also perform EBP audits for for-profit organizations.

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