Employee Benefit Plan Audits

Professional Oversight - Knowledgeable Insight

Increased scrutiny from the Department of Labor and regulations resulting from the Sarbanes-Oxley Act make it necessary that employee benefit plans be serviced by professionals possessing the technical expertise and experience to ensure compliance. WISS has assembled a specialized team of experts who understand the specific needs of these plans and exemplify the characteristics that helped build our long-standing reputation for technical excellence in accounting and auditing.

Making the Complex Simple - the WISS Approach

Direct partner contact and frequent communication are characteristic of WISS client service. While the complexities within this area are growing, with WISS you are assured complete understanding of methodologies and results because we talk with you in plain English.

Employee Benefit Plan Services

WISS employee benefit plan audits are customized based on your needs and in accordance with Department of Labor regulations.  We have has in-depth experience performing audits on all types of employee benefit plans, including:

  • 401(K) and defined contribution plans
  • Defined Benefit Plans
  • Health and Welfare Benefit Plans
  • Employee Stock Ownership Plans
  • 403(b) Tax-Sheltered Annuity Plans
  • Cross-tested Plans

In addition to financial assurance, WISS offers tax and consulting services that can provide valuable assistance with plan design and implementation, analysis of tax benefits or consequences, tax compliance (including Form 5500 preparation), and recordkeeping.

To ensure that we maintain a high level of service, WISS uses a team staffed with professionals dedicated to performing the audits of employee benefit plans. WISS is also a member of the American Institute of Certified Public Accountant’s Employee Benefit Plan Audit Quality Center. The Center was formed to help CPAs meet the challenges of performing quality audits in this unique and complex area and serves as a resource for improving employee benefit plan audit quality.

AICPA