401K & Defined Benefit Plan Audits (ERISA)

So much of a company’s success is reflected in how it cares for its employees. With that in mind, performing an audit on your employee benefits plan allows you to assess your present and future ability to pay those benefits.

Lethert will study your plan using established professional standards from an independent, third-party perspective. Our main goal is to check for material misstatement, whether due to fraud or error. As we go over your plan’s financial statements, we’ll work to protect its integrity, determining if the necessary funds are there for health care, retirement, and any other promised benefits.

All of this will follow ERISA, the Employee Retirement Security Act of 1974, which established the minimum standards for retirement and health plans within private industries.

You can be assured that when you choose Lethert to audit your benefit plans, you are hiring a reputable company that understands your fiduciary responsibilities and will advise you in all areas of your regulatory and reporting requirements.