As the sixth largest benefit plan auditor in the nation, we have a long-standing reputation for delivering world-class benefit plan audit services. We audit over 1,200 plans and $175 billion in plan assets annually. Our clients' plans range from less than $1 million invested to more than $24 billion, with master trusts holding investments up to $50 billion. Our experience with plans of all sizes and designs means we have vast expertise identifying and resolving all types of plans, as well as audit, reporting, and disclosure issues.
To demonstrate our commitment to quality benefit plan audits, we're part of the AICPA's Employee Benefit Plan Audit Quality Center (EBPAQC), holding our firm to a greater degree of scrutiny to ensure the highest level of audit quality. We also have long-term, professional relationships with the Department of Labor, Internal Revenue Service, and the Pension Benefit Guaranty Corporation.
Areas of Focus
Recent benefit plan-related Accounting Standards Updates
FASB has issued three ASUs that affect employee benefit plans.
Employee Benefit Plan Audit Thought Leadership
2018 Annual cost-of-living adjustmentsWant to view the 2018 limits for qualified retirement plan benefits and contributions at a glance? Here’s our two-minute overview.
Welfare benefit plan Form 5500 filing requirementsPlan sponsors may not realize their welfare benefit plans can be subject to Form 5500 filing requirements. The lapse can cost you in stiff penalties. Here's our summary of filing requirements, common mistakes, and the fixes.
Six hot-button issues for public retirement systemsPublic retirement systems and their administrators are facing fast-paced and pervasive changes in policy, operations, and technology. Here are six things to consider.
Recent benefit plan-related accounting standards updatesFASB has issued three ASUs that affect employee benefit plans. The first two, summarized below, affect the employee benefit plan’s financial statements and the third affects the plan sponsor's financial statements.
Cybersecurity considerations for benefit plansThe push is on for fiduciaries to ramp up their protection of benefit plan information systems. How tight is cybersecurity for your benefit plans?
We have a team of over 300 professionals who specialize in employee benefit plan audits. Our professionals combine technical expertise with a deep understanding of the audit and reporting requirements for benefit plans. You can rest assured our staff are well-trained in audit procedures and disclosure requirements unique to the benefit plan industry, since we provide extensive training for new staff, and continuing education for all experienced staff. Benefit plan audits are a focused specialty area at Plante Moran and are not treated as “filler” work.
Whether you offer one benefit plan or 20, you'll appreciate our collaborative client service approach, working closely and seamlessly with your in-house team and service providers. Our benefit plan audit and consulting experts share the best-in-class resources we've developed, including audit methodology and procedures, data analytics, and financial reporting tools. Working with Plante Moran, you'll find you get the best of both worlds—the deep technical expertise of a large national firm, and the friendly, personal attention of a smaller firm.