Employee Benefit Plan Audit
Ensuring Compliance, Accuracy,and Fiduciary Responsibility
Employee benefit plans are subject to strict regulatory oversight, requiring careful financial reporting and compliance. At NCheng LLP, we specialize in Employee Benefit Plan (EBP) Audits, helping organizations comply with the Employee Retirement Income Security Act (ERISA) and Department of Labor (DOL) regulations.
Our experienced team provides thorough, efficient, and cost-effective audit services, ensuring that plan sponsors meet fiduciary responsibilities while maintaining financial transparency and compliance.
Comprehensive Employee Benefit Plan Audit Services
Our audit services cover a broad range of employee benefit plans, including:
- 401(k) Plans
- 403(b) Plans
- Defined Benefit Pension Plans
- Health & Welfare Benefit Plans
Our Audit Process: A Structured and Transparent Approach
We follow a proven methodology to ensure a comprehensive and compliant audit process:
- Pre-Audit Planning & Risk Assessment
- Fieldwork & Compliance Testing
- Reporting & Recommendations
Who Needs an Employee Benefit Plan Audit?
Employers sponsoring an employee benefit plan with 100 or more eligible participants are generally required to undergo an annual audit. Ensuring a thorough and compliant audit process is crucial to:
- Avoid penalties and regulatory scrutiny
- Protect employees’ retirement and benefit funds
- Maintain plan integrity and fiduciary responsibility
Partner with NCheng for Reliable EBP Audits
At NCheng LLP, we are committed to delivering high-quality, independent audits that help organizations:
- Meet ERISA and DOL compliance requirements
- Enhance transparency and financial accuracy
- Streamline the audit process and reduce administrative burden
A Legacy of Excellence
We have been a trusted source for financial guidance for more than 35 years.
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