Employee Benefit Plan Audits: Asking the Right Questions and Avoiding Critical Errors
Identifying Underfunded Plans, ESOP Valuation Mistakes, 403(b) Eligibility Issues and Other DOL and IRS Hot Buttons
Recording of a 110-minute CPE webinar with Q&A
This webinar will provide employee benefits auditors with best practices to prevent most of the serious and costly (but all too common) errors in benefit plan audits. The panel will explain the pitfalls that practitioners often encounter in these audits and outline how to address these issues based on real-world experiences.
- Relevant forms and regulations
- Form 5500
- 403(b) plan rule issues
- 408(b)(2) disclosures
- Challenges to anticipate
- Common plan operation errors
- Denied Form 5500
- Potential fixes for errors
- Best practices for audit preparation
- Benefit plan audit experiences
The panel will review these and other key issues:
- Understanding the areas of highest risk in benefit plan audits.
- Identifying and avoiding the most common mistakes in benefit plan audits.
- Implementing expedient solutions to the most common plan or filing mistakes after the fact.
- Pinpointing Form 5500 red flags for the IRS and DOL.
Danielle J. Kimmell
Bober Markey Fedorovich
With more than 15 years of public accounting experience, Ms. Kimmell focuses on serving large, middle-market, privately... | Read More
With more than 15 years of public accounting experience, Ms. Kimmell focuses on serving large, middle-market, privately held companies in a variety of industries including manufacturing and distribution. She also has significant experience in the area of employee benefit plans, as well as consulting on issues arising in middle-market business settings, including audit, compliance and tax issues.Close
Cindy H. Mitchell
Bober Markey Fedorovich
Ms. Mitchell has more than 18 years of individual tax experience working with high net worth clients and executive... | Read More
Ms. Mitchell has more than 18 years of individual tax experience working with high net worth clients and executive groups. Services include helping develop complex tax strategies, providing tax and financial advisory assistance, accounting and payroll. Additionally, Ms. Mitchell regularly advises clients on a host of employee benefit tax matters, including preparation of annual returns, compliance and research.Close