Employee Benefit Plan Audit for Nonprofits
Ensuring Compliance, Accuracy,and Fiduciary Responsibility
Due to the strict regulations on employee benefit plans, reporting requires careful oversight to be compliant. We offer Employee Benefit Plan Audit services to help organizations comply with the Employee Retirement Income Security Act as well as federal regulations.
At Ncheng, we have a team of highly experienced audit professionals that plan fiduciary responsibilities to maintain compliance with regulatory standards.
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 team is skilled in supporting organizations that are going through their first audit as well as those seeking a more efficient process. We have experts that specialize in all areas of non-profit compliance.
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. When conducting audits we review for:
- Avoiding penalties and regulatory scrutiny
- Protecting employees’ retirement and benefit funds
- Maintaining 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
With NCheng, you can streamline your audit process to build confidence for your shareholders. Contact us today to get started with our financial services to support your nonprofit organization in the regulatory environment.
A Legacy of Excellence
We have been a trusted source for financial guidance for more than 35 years.
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NCheng helps businesses make strategic financial decisions with confidence.
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