Employee Benefit Plans

Employee benefit plans (EBPs), in their various forms and sizes, exist for a core purpose – to help the people we value ensure they have a secure future. Your employees give their all to help your company be successful. Ensuring that their retirement plans are safe and secure is a worthy endeavor.

EBPs have been identified as one of the five core industries for our assurance practice. We have a dedicated team of individuals with experience auditing and consulting with various types of entities within the EBP industry. Our EBP team leadership has over 25 years collectively working in this specialized area. We provide EBP-specific training to our team so they have the knowledge to effectively serve you. JTaylor is also a member of the AICPA Employee Benefit Plan Audit Quality Control Center, a voluntary membership organization established to promote the quality of employee benefit plan audits. Our participation in this program enables us to be at the forefront of regulatory developments and technical updates, and also provides a liaison to the Department of Labor.

The increasing complexity of EBP auditing and enhanced scrutiny by the Department of Labor demand that your assurance provider be up-to-date and ready to respond to the challenges of today and tomorrow. Our team stands ready to help with matters such as:

  • Audits of 401(k) and 403(b) plans, ESOPs, profit-sharing plans, defined benefit plans, and health and welfare plans
  • Plan Document compliance assistance
  • Forensic investigations
  • Compliance and corrective actions
  • Internal control assessments
  • Consulting regarding how mergers & acquisitions impact the benefit plans of each entity

EBP sponsors have an obligation to safeguard the assets of plan participants. You need an auditor that has the expertise to ensure your plan is compliant with all ERISA and DOL regulations in this niche area, and to effectively implement new audit standards impacting EBP audits. You can be confident that JTaylor has the knowledge and experience to serve you with integrity and excellence.

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