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Employee benefit plan audit

Quality audits by experienced and dedicated professionals
Developing and maintaining employee benefit plans requires considerable time, effort and resources – after all, your employees rely on benefits to secure their futures. In the highly regulated environment of employee benefits, you, as a plan sponsor, must have confidence in your benefit plan audit – and auditors. Incomplete or inaccurate audit reports of financial condition or operations can result in plan disqualification or significant penalties for the plan sponsors and plan fiduciaries. 

Sikich devotes substantial resources to its employee benefits practice, which offers clear advantages to plan sponsors such as assurance of quality and an efficient audit process. Receive help from highly trained and experienced professionals, many of whom are specialists in employee benefit plan audits, administration and consulting services. 
Audit

Expert audit solutions from Sikich

Audits go beyond meeting reporting requirements—they reveal risks, improve management, and guide strategy. Sikich’s audit and assurance services deliver the insights you and your stakeholders need to drive success.
Advantages of Sikich employee benefit plan audits

Expertise where it counts

Your time and resources are valuable, which is why our team at Sikich approaches employee benefit plan audits in an efficient manner – reducing the time we need from your personnel and allowing them more time for their regular duties.

We identify risks and offer solutions

As part of your employee benefit plan audit, you may receive a management letter that identifies potential issues and offers solutions to adjust your practices. You will also find a section for current trends in employee benefits and customized planning opportunities that you may find helpful. 

Stay informed

We understand our clients have varied responsibilities and keeping current with the ever-changing rules surrounding employment and benefits law can be extremely challenging. As a value-added service, Sikich provides complimentary training and insights on a variety of relevant human resource and benefits topics. 

Solutions

Our focused solutions

Financial reporting

From reviews and compilations to single audits and agreed upon procedures, Sikich can help your organization meet your financial reporting needs.

SOC reporting

Highlight your strengths and boost consumer confidence with System and Organization Controls (SOC®) Reports from Sikich.

Title IV audit

Maintain compliance with the United States Department of Education, Student Financial Aid and other governmental regulatory requirements with our Title IV audit expertise.

Taft-Hartley benefit plan audits

Stay compliant and in control. We help multi-employer plans manage reporting, risk, and governance across health, pension, and Taft-Hartley funds.

Lender services

Confident lending starts with knowing your investment. Field exams clarify collateral and protect assets.

Audit and assurance

Our auditing and assurance services build trust and enhance transparency through financial statements compiled, reviewed, or audited by a reputable CPA firm.