Employee Benefit Plan Audits
Redwitz helps you protect your employees and your business with expert benefit plan audits that ensure compliance, minimize risks, and optimize the performance of your organization’s health and welfare, and pensions plans.
With deep expertise and a dedicated team, Redwitz delivers high-quality benefit plan audits tailored to your needs, ensuring compliance, accuracy, and peace of mind for plan sponsors.
Why Us?
Our Approach
Our approach is proactive and tailored to the specific needs of your plan. We work closely with plan management to identify potential issues and provide actionable recommendations to improve the management and performance of your benefit plans.
By engaging an accounting firm that specializes in employee benefit plan audits, the plan sponsor is mitigating its risks associated with any such DOL inquiries. Keep in mind; it is the plan sponsor’s fiduciary responsibility to engage an experienced and qualified accounting firm to perform its employee benefit plan audit. Non-compliance with regulations governing benefit plans can be costly to your company.
Why Us?
How We Help
We specialize in auditing a wide range of employee benefit plans to ensure compliance with regulatory requirements and to help you manage your plans effectively. Our services include:
401(k) Plan Audits
We provide thorough audits for 401(k) plans, ensuring they meet all ERISA and DOL requirements.
403(b) Plan Audits
Our team is experienced in auditing 403(b) plans, helping non-profit organizations maintain compliance and optimize their benefit offerings.
Employee Stock Ownership Plans (ESOP)
We conduct detailed audits of ESOPs to ensure accurate financial reporting and compliance with relevant regulations.
Health and Welfare Benefit Plan Audits
Our audits cover a variety of health and welfare benefit plans, ensuring they comply with all applicable laws and regulations.
Pension Plan Audits
We offer comprehensive audits for defined benefit and defined contribution pension plans, ensuring they meet all fiduciary and regulatory standards.
Unmatched Expertise
Redwitz is a member of the American Institute of Certified Public Accountants (AICPA) Employee Benefit Plan Audit Quality Center (EBPAQC) and has a dedicated team of professionals experienced in the challenges unique to employee benefit plans.
The EBPAQC is a national community of CPA firms that demonstrate a commitment to employee benefit plan audit quality and raise awareness about the importance of employee benefit plan audits. The EBPAQC provides members with best practices, guidelines and tools CPAs need to perform quality benefit plan audits and better serve their clients.
We have extensive experience in auditing employee benefit plans, and we are committed to our continuing education related to benefit plans. As part of this commitment, we attend the annual AICPA Employee Benefit Plan Conference, among other training, and internally provide all auditing staff personnel with employee benefit plan audit training.
Customer Focused Service Delivery
Redwitz is committed to quality and outstanding service. Our emphasis is to ensure your plan is being served by qualified professionals who can not only provide the compliance audit services that you require but can also make recommendations and assist you in improving the plan. We accomplish this by having active involvement by experienced employee benefit plan auditors during all stages of the engagement.
At Redwitz, we use a technology-focused, standardized approach to efficiently address all the requirements. The result is an employee benefit plan audit performed timely and accurately.
