Auditing your employee benefit plan
selection & administration
Does your employee benefit plan require an audit by an independent auditor? Generally, federal law requires that employee benefit plans with 100 or more eligible employees include a plan financial statement audit report from an independent auditor with the annual Form 5500 filing.
Count on Clayton & McKervey to provide an audit that complies with professional auditing standards, assists you in meeting your responsibility for safeguarding your plan’s assets and assists in complying with the reporting and fiduciary requirements of the Employee Retirement Income Security Act (ERISA).
The Clayton & McKervey employee benefit plan audit team receives extensive, ongoing specialized training to keep them ahead of the curve on new developments, changing requirements and best practices. We strive to stay aware of the important changes in federal regulations governing retirement plan compliance, and provide you with timely updates and recommendations.
Even before your plan meets the audit requirement, the Clayton & McKervey employee benefit audit team can provide a plan “check-up” to help determine if you are properly administering your plan.
Clayton & McKervey is a member of the American Institute of CPAs Employee Benefit Plan Audit Quality Center (AICPA EBPAQC), which has specific requirements in order to be a member.