EMPLOYEE BENEFIT PLAN AUDIT AND CONSULTING

YOUR EMPLOYEES ARE YOUR ORGANIZATION'S MOST VALUABLE ASSET, AND YOU WANT TO PROVIDE THE BEST BENEFIT OPTIONS POSSIBLE

MSL has a dedicated Employee Benefit Plan (EBP) Practice Group within the firm. Our team has worked with all industries including not-for-profit organizations and private and public companies. The MSL EBP Practice Group is led by Kevin Murphy, CPA, who helped cowrite the AICPA Audit and Accounting Guide for Employee Benefit Plans while serving on the AICPA Employee Benefit Plans Audit Guide Task Force. Kevin has also been a member of the AICPA Employee Benefit Plan Expert Panel and is an active member of the AICPA Employee Benefit Plan Audit Quality Center, a national community of CPA firms committed to audit quality and raising awareness about the importance of employee benefit plan audits.

On an annual basis, MSL performs over 100 ERISA and non-ERISA employee benefit plan audits, including audits of pension, health and welfare, and 401(k) plans subject to the regulatory authority of the Department of Labor and the Employee Retirement Income Security Act as well as non-ERISA government plans. From assisting clients in self-correcting operational errors to preparing and reviewing Form 5500, MSL thoroughly understands employee benefit plan audits and can provide exactly the services you need.

Experience – Our team of highly trained and experienced staff has extensive experience in auditing employee benefit plans. We can assist you in negotiating the constantly changing regulatory environment and help ensure that your EBP meets the reporting requirements.

Knowledge – MSL has in-depth knowledge of EBP design and administration, including the requirements under ERISA, the Employee Benefits Security Administration, the Department of Labor and the IRS.

MSL’s goal is to help you successfully manage your employee benefit plan and have an efficient, low-stress, "no surprises" audit experience.

SERVICES

Analysis of Investment Performance
Assistance with Voluntary Correction Program (VCP) filings
Assistance with "Lost Earnings" Computations
Audits of 401(k) Plans
Audits of 403(b) Plans
Audits of Defined Benefit Plans
Audits of ESOPs
Audits of Health and Welfare Plans
Audits of Plans Included in Form 11-K Filings
Review of Compliance with the Plan Document, IRS, and DOL Regulations
Examination of the Plan’s Operations, including Developing Recommendations for Improvement