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Employee Benefit Plan Audit Services

Critical regulatory insight. Knowledgeable, well-trained specialists. Uncompromising quality.

Knowledgeable, well-trained employee benefit plan team
As regulators’ scrutiny of employee benefit plan audits continues to increase, so does the need for dedicated and specialized professionals. Our employee benefit plan specialists receive yearly in-depth training focused on professional standards and regulations including Internal Revenue Service (IRS) and Department of Labor (DOL) initiatives to help our clients prepare for pending changes and other areas of concern.

More than 2,000 plan audits completed annually
Beyond deep technical specialization and knowledge, RSM brings significant experience to the audit process. With more than 2,000 plan audits done annually nationwide, our team’s experience includes single-employer and multi-employer plans as well as varying funding arrangements, including defined benefit and defined contribution pension plans (401(k), 403(b), money purchase, profit sharing and employee stock ownership plans) along with health and welfare plans.

Industry leadership and commitment to quality
Our firm has been a member of the American Institute of Certified Public Accountants’ (AICPA) Employee Benefit Plan Audit Quality Center since its inception, and we have had an active member on its Executive Committee since 2006. As a member of the Quality Center, RSM has made a significant commitment to adhere to significant quality and continuing education standards.

We also have had an active member of the AICPA’s Employee Benefit Plan Expert Panel since 2000. Beyond numerous speaking engagements, we have actively participated in various AICPA task forces, including the 403(b) Task Force, Employee Benefit Plans Audit Guide Revision Task Force and Employee Benefit Plan Audit Guide Overhaul Task Force. Additionally, our firm has provided authors for the AICPA’s continuing professional education course: Employee Benefit Plans: Audit and Accounting Essentials.

National resources, local attention
As a leader in the benefit plan industry and the nation’s fifth largest accounting firm, we are committed to understanding our clients’ plans and businesses. Our national resources help companies stay current as the rules and regulations governing today’s plan marketplace continue to evolve. And with more than 70 offices across the country, we offer the attention of a local office.

Most Popular Insights

FINANCIAL REPORTING INSIGHTS

DOL communicates importance of audit quality

The U.S. Department of Labor recently sent an email message to all plan administrators regarding the importance of a quality benefit plan audit.

  • December 08, 2015

FINANCIAL REPORTING INSIGHTS

DOL notifications: Missing plan audit reports

The U.S. Department of Labor recently issued notifications to employee benefit plans whose Form 5500s did not attach the independent auditor’s report.

  • December 08, 2015

CASE STUDY

Experience is key to efficient and timely employee benefit plan audits

An audit team with extensive experience, early planning strategies and continuous communication plays a vital role in one company’s compliance and on-time filing.

  • February 12, 2015

INSIGHT ARTICLE

The importance of internal controls for benefit plans series

A series of articles and webcasts on the importance of internal controls for benefit plans.

  • November 04, 2014

INSIGHT ARTICLE

Party-in-interest transactions controls for benefit plans

The fourth in a series of articles looking at why internal controls are important to employee plans, focusing on party-in-interest transaction controls.

  • Becky Miller, Josie Hammond, Bill O’Malley
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  • September 19, 2014

INSIGHT ARTICLE

Retirement plan operational compliance

The third in a series of articles looking at why internal controls are important to employee plans, focusing on plan operational compliance controls.

  • Becky Miller, Josie Hammond, Bill O’Malley
  • |
  • July 28, 2014

INSIGHT ARTICLE

The importance of plan document maintenance for benefit plans

The second in a series of articles looking at why internal controls are important to employee plans, focusing on plan document maintenance.

  • Becky Miller, Josie Hammond, Bill O’Malley
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  • March 24, 2014

WHITE PAPER

The devil is in the details

Article on ESOP distributions, focusing on the detailed mechanics of the how, when and what value is used at the time of the sale.

  • Becky Miller, Anne Bushman
  • |
  • March 21, 2014

INSIGHT ARTICLE

Why internal controls are important to benefit plans

Series of articles looking at why internal controls are important to employee plans, focusing on compliance with government regulations.

  • Becky Miller, Josie Hammond
  • |
  • January 07, 2014

WHITE PAPER

What impact does healthcare reform have on employers’ benefit plans?

The survey offers a comprehensive view of firms’ total employee rewards programs and reveals key trends that is rarely available from a single source.

WHITE PAPER

Are your retirement plans expenses reasonable?

A guide to the retirement plan service provider fee disclosure regulations.