Brown Plus is committed to helping clients navigate the challenges of the ever-changing regulations and reporting requirements of audits for employee benefit plans. We tailor our audits to meet the unique needs of our clients’ businesses, ensuring that their plan adheres to the stringent guidelines set forth by the Department of Labor (DOL) and the Internal Revenue Service (IRS). We take the burden of compliance off our clients’ shoulders, so they can focus on the growth and success of their business.

What Services Does Brown Plus Provide?

Our audit team has experience performing the following types of employee benefit plan audits for clients:

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Single Employer Plans

  • 401(k)
  • 403(b)
  • 457(b)
  • Benefit Pension Plans
  • Contribution Retirement Plans
  • Health and Welfare Plans
  • Voluntary Employee Benefit Association (VEBA)
  • Employee Stock Ownership Plans (ESOP)
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Multi-Employer Plans

  • 401(k)
  • 401(a)
  • Benefit Pension Plans
  • Contribution Retirement Plans
  • Health and Welfare
  • Money Purchase Pension
  • Vacation, Holiday, Apprenticeship and Training Funds

What Are The Benefits of Employee Benefit Plan Audits?

An employee benefit plan audit is a valuable practice that ensures compliance, protects employees’ interests, detects fraud, improves plan efficiency and enhances the overall governance and credibility of the business. It is an investment that yields substantial benefits in the long run, benefiting both employers and employees alike. Our professionals make sure that our clients’ employee benefit plans comply with all applicable laws, regulations and reporting requirements. We recognize that every business is unique, and so is every employee benefit plan. Our team works with clients to discuss the results of the audit and identify potential areas for improvement.

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How Can Brown Plus Help My Business See What’s Possible?

Brown Plus has a dedicated team of audit specialists who have experience working with in-house administrators to navigate IRS employee plan failure correction options, such as the Voluntary Correction Program (VCP), the Employee Plans Compliance Resolution System (EPCRS) and the Self-Correction Program (SCP) to minimize penalties and interest from the IRS and DOL. Our experienced professionals stay up to date in this field by attending national and state education programs and will relay any updates regarding the Employee Retirement Income Security Act (ERISA) and DOL directly to our clients. Our goal is to provide our clients with the best practices possible to enhance the efficiency and effectiveness of their employee benefit plans.

Brown Plus is a member of the American Institute of Certified Public Accountants (AICPA) Employee Benefit Plan Audit Quality Center, which demonstrates our commitment to adhering to the highest quality standards. The Center was established to help CPAs meet the challenges of performing quality audits in this unique and complex area. Our membership requirements include designating a partner responsible for our employee benefit plan audit practice, establishing quality control programs, performing annual internal inspection procedures and making our peer review report findings publicly available.

To learn more about our employee benefit plan audits, contact Brown Plus today!

Our Locations

Brown Plus provides services nationwide with a concentration of clients in the Mid-Atlantic region. Our offices are located throughout Pennsylvania and Maryland.