How to Hire Your Plan’s Auditor
Generally, Federal law requires employee benefit plans with 100 or more participants to have an audit as part of Form 5500. Selection of your plan’s auditor is one of the most important duties of the plan administrator so the Department of Labor provides guidance to selecting an auditor at http://www.dol.gov/ebsa/publications/selectinganauditor.html. In addition, the American Institute of Certified Public Accountants (AICPA) provides a […]