DOL Health & Welfare Plan Audit Response and Protection: Reducing Risk Exposure to Avoid Costly Penalties

A live 110-minute CPE webinar with interactive Q&A


Tuesday, February 14, 2017
1:00pm-2:50pm EST, 10:00am-11:50am PST

Early Registration Discount Deadline, Friday, January 27, 2017


This webinar will provide employee benefits accounting and tax professionals with a thorough and practical guide to preparing responses for a Department of Labor (DOL) investigative audit of a company’s health and welfare plan. The panel will discuss required documentation and procedures for submittal to the Department in response to audit correspondence, and will offer useful tools to help make your firm’s health and other benefit plans “audit-ready.”

Description

The Department of Labor (DOL) is substantially increasing the number of ERISA health and welfare plan audits of employers of all sizes. The increased investigation activity presents a heightened compliance burden on small and medium-sized employers, and employee benefits advisers must be proactive in ensuring their firms are audit ready.

DOL audits subject employers to burdensome documentation demands, intrusive investigations and disruptive on-site inspections. DOL audit letters typically seek documentation of health and benefit plan compliance with the ACA, MHPAEA, HIPAA, COBRA and other ERISA requirements. DOL audits can also attract IRS scrutiny.

Penalties due to deficiencies discovered in DOL audits can be steep. One survey found that nearly one-third of all health and welfare plan audits resulted in penalties in excess of $10,000 per examination. Employee benefits accountants and advisers must evaluate and anticipate audit risks and preemptively remedy potential defects to avoid painful and expensive assessments.

Listen as our experienced panel provides a practical guide to proactively managing the document process to effectively respond to a DOL health and welfare plan audit.

Outline

  1. DOL health and welfare audit correspondence process
  2. Typical documentation requested in DOL correspondence
  3. Making plans audit ready
  4. Penalties and fines

Benefits

The panel will discuss these and other important topics:

  • What documents will an employer be required to provide in a DOL audit investigation?
  • What are the triggers for a DOL audit?
  • What are the first steps an employee benefits professional should take upon receiving a DOL audit letter?
  • What key provisions should employee benefits advisers monitor regularly and review prior to responding to a DOL audit notification?

Learning Objectives

After completing this course, you will be able to:

  • Recognize and correct serious but common mistakes that lead to 401(k) audits by the DOL
  • Discern plan operational errors
  • Determine whether plans pass the basic DOL testing requirements
  • Identify documents an employer may be required to disclose during a DOL audit

Faculty

Erin A. Kartheiser, Partner
McDermott Will & Emery, Chicago

Ms. Kartheiser represents numerous large corporations, both public and private, in connection with their full range of employee benefit matters, including retirement plans, health and welfare benefits, fiduciary guidance, employee benefit-related tax and securities issues, executive compensation and ERISA litigation. She also has extensive experience representing employers in the negotiation of trustee, third party administrator, recordkeeper and other outside vendor agreements.

Joanna C. Kerpen, Partner
McDermott Will & Emery, Washington, D.C.

Mrs. Kerpen focuses her practice on a variety of employee benefits tax and ERISA matters related to 401(k) plans, pension plans, health and welfare plans, and executive compensation plans, including designing, amending and administering such plans. She has extensive experience with PPACA compliance as with HIPAA and various other federal and state laws relevant to health and welfare plans.

Sarah G. Raaii
McDermott Will & Emery, Chicago

Ms. Raaii focuses her practice on employee benefits matters. She previously worked with in-house attorneys and federal and state lobbyists at an international financial services corporation. When she was selected as a National Economic Council legal intern at the White House, she worked on benefits regulation and policy. 


Registration per Person for Live Event

Additional lines for this conference can be purchased at 25% off. For orders of five or more lines, further discounts will apply and will be automatically reflected in the cart.

Live Webinar $97.00

Includes Early Discount Savings of $50.00 (through 01/27/17)

Live Webinar & CPE Processing $132.00

Includes Live Webinar Early Discount Savings of $50.00 (through 01/27/17)


CPE per Person on Live Event

Continuing Professional Education credit processing is available for an additional fee. CPE processing must be ordered prior to the event. To qualify for CPE you may not listen via the telephone.

This program is eligible for 2.0 CPE credits.

  • Field of Study: Taxes.
  • Level of Knowledge: Intermediate.
  • Advance Preparation: None.
  • Teaching Method: Seminar/Lecture.
  • Delivery Method: Group-Internet (via computer).
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of verification codes announced throughout the presentation.
  • Prerequisite: Three years+ business or public firm experience at mid-level within the organization, preparing complex tax forms and schedules; supervisory authority over other preparers/accountants. Knowledge and understanding of ERISA Titles I and II, Department of Labor employee health and welfare plan regulations, and proper completion of Form 5500; familiarity with IRS and Department of Labor audit procedures and enforcement

NOTE: CPE credit processing for all attendees must be ordered by 2pm Eastern the day of the program to receive a Certificate of Attendance within 24 hours.


Recordings

Recorded Event

Includes full event recording plus handouts (available after live webinar).

Note: Self-study CPE and EA credits are not offered on recorded events.

Recorded Webinar Download $97.00
Available 48 hours after the live event

Includes Early Discount Savings of $50.00 (through 01/27/17)

How does this work?

Recorded Audio Download (MP3) $97.00
Available 24 hours after the live event

Includes Early Discount Savings of $50.00 (through 01/27/17)

How does this work?

DVD (Slide Presentation with Audio) $97.00 plus $9.45 S&H
Available ten business days after the live event

Includes Early Discount Savings of $50.00 (through 01/27/17)

How does this work?


Registration Plus Recorded Event

Best value!

Live Webinar & Webinar Download $144.00

Includes Special Savings of $150.00 (through 01/27/17)

Live Webinar & Audio Download $144.00

Includes Special Savings of $150.00 (through 01/27/17)

Live Webinar & DVD $144.00 plus $9.45 S&H

Includes Special Savings of $150.00 (through 01/27/17)


NASBA CPE Sponsor

National Registry of CPE Sponsors

Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

IRS Approved Provider

Strafford is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

Early Registration
Discount Deadline
January 27, 2017
(9 days)

or call 1-800-926-7926

Can't Attend the Live Program?

CPE Credit

Strafford is a NASBA CPE sponsor and our live webinars qualify for CPE credits. They offer you a high quality, cost effective, and convenient CPE option, with no lost travel time or expenses.

or call 1-800-926-7926

EA Credit

Strafford is an IRS approved continuing education provider and this course is approved for 2 enrolled agent (EA) credit hours.

or call 1-800-926-7926

Customer Reviews

Excellent seminar! It was efficient and the important topics were covered at just the right pace; no time was wasted covering information that the participants already knew.

Rhonda G. Williams, CPA

Barraclough & Associates

I appreciated the flow of the information offered and the ease at which I could follow the handouts.

Larry Bruck

WISS & Company

I liked the concentration on specific issues and examples.

Edita Rimalovsky

Komisar Brady & Co.

The conference was technical, informative and presented at a good pace.

Krystal Ching

KMH

I purchased the conference a few minutes after it began and the customer service rep was very helpful and got me signed up and logged into the conference very quickly.

Joanna Johnston

Savas Greene & Company

or call 1-800-926-7926

Accounting Advisory Board

Bill Allen

Partner

Making Auditors Proficient

Alicia Dias

Audit Manager

Brown/Armstrong

Richard H. Gesseck

Partner

CohnReznick

Neil Goldenberg

Partner-In-Charge, Internal Audit & Risk Management

Eisner

Greg Goller

Partner-in-Charge, Non-Profit Tax Practice

Grant Thornton

Lynford Graham, CPA

Professor of Accounting

Bentley University

Joe Kristan

Shareholder

Roth & Co. CPAs

Steven J. Luber

Senior Manager

PricewaterhouseCoopers

Gary O'Krent

Shareholder

Bluestein O'Krent & Bluestein

Curtis Reinhart

Partner

Ernst & Young

David Riley

Independent CPA and Consultant

Celia Roady

Tax Partner

Morgan Lewis

Charles (Chip) Schweiger

Partner

Whitley Penn

Chris Stanz

Principal, Non-Profit and Government Practice

LarsonAllen

Alan Strand

Principal

Strand and Associates

Danielle Thompson

Director of Business Development

Insight Accounting Group

or call 1-800-926-7926

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Strafford webinars are backed by our 100% Unconditional Money-Back Guarantee: if you are not satisfied with any of our products, simply let us know and get a full refund. For more information regarding complaints and refunds, please contact us at 1-800-926-7926 ext 10. Complaints regarding this program can be submitted via the course evaluation found in the “Thank you” e-mail at the end of the course.