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audit of employee benefit plans

Do You Need a Full Scope or Limited Scope Audit?

January 14, 2016 by EWA LLP

When the number of all eligible employees, retirees, separated participants, and beneficiaries of deceased participants is at least 100 as of the first day of a plan year, an audit of both defined contribution and benefit plans is required. Once you’ve verified that an audit is necessary, you’ll need to determine which type of audit […]

Categories: Filed Under: audit of employee benefit plans, employee benefit plan audit, Financial 101, full scope audit, limited scope audit Tags:

Audit Requirements for Employee Benefit Plans

October 20, 2015 by EWA LLP

As your small business grows so do your responsibilities, one of which is the employee benefit plan audit. Once your benefit plan reaches 100 eligible participants, it will need an audit as stipulated in the Employee Retirement Income Security Act of 1974 (ERISA). ERISA a federal law that protects the money American employees set aside […]

Categories: Filed Under: 401k audit, audit of employee benefit plans, audit specialists, benefit plan audit, employee benefit plan audit, Financial 101 Tags:

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