Employee Benefit Plan Audits


Employee benefit plans are faced with complex reporting requirements under the Employee Retirement Income Security Act (ERISA) and several regulators, including the Department of Labor (DOL) and the Internal Revenue Service (IRS). As such, it is critical for plan sponsors to use diligence in selecting an audit firm that has the expertise and specialization in this area in order to better understand the intricacies of your plan. Johnson O’Connor has that specialized knowledge amongst an experienced team of personnel who perform a variety of plan audits each and every year. You can trust our annual audit process, as well as consulting throughout the year, to be focused on plan compliance and effective execution of your plan document. Our audit process is aimed at providing meaningful feedback to plan administrators to ensure the highest level of compliance is achieved in their day-to-day administrator of the plan while improving efficiencies throughout the process and fulfilling their fiduciary responsibilities.

Johnson O’Connor is also a member of the American Institute of Certified Public Accountants (AICPA) Employee Benefit Plan Audit Quality Center (EBPAQC). Through our voluntary membership, we remain current with the ever-changing standards and therefore performing the highest quality plan audits for our clients.

Employee Benefit Plan Audit Services:

  • Defined Benefit Pension Plans
  • Cash Balance Plans

Defined Contribution Plans, including:

  • 401(k) Plans
  • 403(b) Plans
  • Profit Sharing Plans
  • Money Purchase Pension Plans

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