Missing the required employee benefit plan audit is more common than employers realize. Whether the audit was overlooked due to a change in plan size, a misunderstanding of the rules, staffing changes, or administrative oversight, it’s important to address the issue as soon as possible.  Our employee benefit plan specialists will review your plan’s history, determine which years require an audit, identify any Form 5500 filing issues, and work with your plan administrator and advisors to develop a practical path toward compliance.  Taking action before the Department of Labor contacts, your organization often provides more options for correcting filing deficiencies and demonstrates a good-faith effort to comply with ERISA requirements.  Our team has extensive experience helping plan sponsors navigate complex compliance issues, including plans that have missed audits for multiple years. We understand that these situations can feel overwhelming, but with the right guidance, they are often manageable.

If you think your plan may have missed one or more required audits, don’t wait. Contact us for a confidential consultation, and we’ll help you understand your obligations, evaluate your options, and develop a plan to get your employee benefit plan back on track.