DOL Reaffirms Lack of Audit Quality by Plan Audit ‘Dabblers’

At the AICPA’s National Employee Benefit Plan Conference in early May, Michael Auerbach, Acting Chief Accountant within the Employee Benefits Security Administration of the Department of Labor (DOL), presented the department’s findings that audit quality remains poor within the Employee Benefit Plan (EBP) area. The department noted an audit deficiency

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Retirement Plan Errors Eligible for Self-Correction

From time to time, retirement plan sponsors encounter errors that need to be fixed in order to correctly administer their plans. While the resolution process for some issues can be complex and tedious, others can be quickly resolved using the IRS’ Self-Correction Program (SCP). Additionally, there are no fees, applications

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