The professionals at GALLINA are experienced at auditing a wide array of employee benefit plans which conform to rigid Department of Labor requirements. Our experience includes both full-scope and Department of Labor limited-scope audits.
We audit plans such as:
• Defined contribution retirement plans (including 401(k) and profit-sharing plans).
• Defined benefit retirement plans.
• Health and welfare plans (including multiple employer plans).

We are proud members of the AICPA’s Employee Benefit Plan Audit Quality Center, http://ebpaqc.aicpa.org/ which is a firm-based voluntary membership center designed to educate and assist CPAs with the challenges of performing quality audits in this unique and complex specialty area.

The Department of Labor and Employee Benefits Security Administration has made it clear why selecting an appropriate firm to conduct the required annual audit of an employee benefit plan is essential.

Selection of a firm to conduct the required annual audit is important not only to meet government requirements, but also to meet fiduciary responsibilities as well. It is therefore essential to select a firm with specialized experience in this area — one that can actually add value by advising on best practices for benefit plans and one that can identify opportunities to revise the plan to be more consistent with company goals and objectives.  An experienced firm can also give advice on areas for improvement in internal controls over payroll, which will help to further protect your company’s assets.  Click here to learn what you should look for in an employee benefit plan auditing firm.