Employee Benefit Plan Audit
BDO Seidman recognizes that auditing retirement plans is a complex and industry-specific task that requires seasoned experience and knowledge. With changing rules and regulations from the Internal Revenue Service and Department of Labor, it is essential that companies choose the right audit provider for their retirement plans.
BDO Seidman clients can benefit from our retirement plan audit best practices, which encompass:
Comprehension: We assist clients in understanding their plans and their related audit and compliance requirements.
Communication: Placing high value on the communication process, we emphasize clear planning and organization to help ensure a smooth audit.
Coordination: We take the lead to coordinate all phases of the plan audit, including coordinating with third-party record keepers, investment trustees, payroll servicers and actuaries.
Technical Experience
BDO Seidman professionals thoroughly understand employee benefit plan audits. We use a nationally developed audit approach and can provide guidance on best practices for various employee benefit plan audits, including:
- Defined contribution
- Defined benefit
- Health and Welfare/VEBA
- 401(k)
In addition, we can offer suggestions to help improve the internal controls of a plan and can note areas that should be considered for compliance with the laws and regulations under ERISA.




