As a plan sponsor, you have a fiduciary responsibility to your plan’s participants. As a result, it’s important to engage third-party professionals who bring an objective and unbiased focus to your company’s needs. These professionals include third-party administrators, investment advisors, payroll companies, actuaries and plan auditors. A range of skills is required because the components of the financial statements being audited differ from one another. Those differences demand that only professionals with deep knowledge of—and experience in—their complexities conduct audits of employee benefit plans.
RSM is one of the largest providers of employee benefit plan audits. We audit single, multiple and multi-employer plans; and audit varying funding arrangements, including defined benefit and defined contribution plans such as 401(k), 403(b), money purchase, profit sharing and employee stock ownership plans, along with health and welfare plans. We also audit church benefit plans and other religious organizations. RSM audits more than 1,800 employee benefit plans nationally through a practice that includes over 1,000 professionals with training on matters affecting employee benefit plans.