Employee Benefit Plan Audit Services

Beyond annual reporting and disclosures compliance requirements, a quality benefit plan audit provides critical intelligence to help you run your plan better through improved efficiencies, enhanced controls and overall continuous improvement. With compensation and benefits being one of the largest costs of today’s companies, plan management and communication will increase efficiencies and overall effectiveness.

Current Thinking and Insight

Verisight and McGladrey Compensation, Retirement and Benefits Survey
The 2011/2012 Verisight and McGladrey Compensation, Retirement and Benefits Trends Executive Summary highlights key strategic and tactical approaches organizations are taking to improve productivity, financial performance and respond to upcoming regulations.

Understanding Your Benefit Plan
McGladrey brings significant experience and technical knowledge to the benefit plan audit process and is an industry leader in this specialized core service. Our specialized employee benefit plan services team performs audit services for more than 2,000 employee benefit plans nationwide including:

• Defined Contribution
  • 401(k)
  • 403(b)
  • Davis Bacon Act and Service Contract Act
  • Employee Stock Ownership Plans
• Defined Benefit
• Health and Welfare

This concentration and depth of experience has given our employee benefit plan audit team strong technical experience and a broad understanding of the industry and the issues affecting your plan.

Industry Commitment and Leadership
Our team members maintain leadership roles in key industry associations and organizations – providing you with immediate access to the most up-to-date information and ideas to improve your plan’s operations. We have been a member of the AICPA Employee Benefit Plan Audit Quality Center since its inception, and we have had an active member on its Executive Committee since 2006. We also have had an active member of the AICPA Employee Benefit Plan Expert Panel for the past 11 years.

Our firm’s professionals have participated in various American Institute of Certified Public Accountants (AICPA) task forces, including the 403(b) Task Force, Employee Benefit Plans Audit Guide Revision Task Force and Employee Benefit Plan Audit Guide Overhaul Task Force. Additionally, our partners/directors are the authors of an AICPA continuing professional education course, Employee Benefit Plans: Audit and Accounting Essentials.