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Employee Benefit Plan Audit

Ensuring Compliance and Protecting Your Employee Benefit Plans

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At Sterling Tax & Accounting CPA, we specialize in Employee Benefit Plan Audits designed to help your organization meet regulatory requirements and safeguard your employee benefit programs. Whether you sponsor a 401(k), pension, or other qualified benefit plans, our audits ensure compliance with ERISA and Department of Labor regulations.

Why Are Employee Benefit Plan Audits Important?

Employee benefit plans with 100 or more participants are generally required by law to undergo annual independent audits. These audits:

  • Ensure the accuracy and fairness of plan financial reporting

  • Help protect plan participants’ interests

  • Maintain compliance with federal regulations (ERISA, DOL, IRS)

  • Avoid costly penalties and legal issues

Our Employee Benefit Plan Audit Services Include:

  • Comprehensive financial statement audits of benefit plans

  • Testing of contributions, distributions, and plan investments

  • Evaluation of plan controls and fiduciary processes

  • Assistance with Form 5500 preparation and filing requirements

  • Clear communication and reporting to plan administrators and regulators

Our Approach

  1. Planning & Coordination
    We work closely with plan sponsors, administrators, and service providers to gather necessary information and plan an efficient audit.

  2. Testing & Verification
    Detailed testing of transactions, participant data, and investments to ensure accuracy and compliance.

  3. Audit Reporting
    Preparation of the auditor’s report, management letter, and recommendations for improvement.

  4. Ongoing Support
    Guidance on compliance best practices and assistance with regulatory updates.

Who Needs Employee Benefit Plan Audits?

  • Employers sponsoring 401(k), pension, profit-sharing, and other qualified benefit plans with 100+ participants

  • Plan administrators seeking reliable, timely audits for compliance

  • Organizations aiming to protect fiduciaries and avoid regulatory penalties

Benefits of Choosing Sterling Tax & Accounting CPA

  • Experienced CPAs with specialized knowledge in benefit plan auditing

  • Efficient audit processes minimizing disruption

  • Clear, actionable audit findings and recommendations

  • Support with regulatory filings and compliance

Get Started Today

​Protect your employees and your organization with a trusted Employee Benefit Plan Audit partner.

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Contact Sterling Tax & Accounting CPA today to schedule your audit consultation.

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