Employee benefit plan audits are complex, especially under ERISA Section 103(a)(3)(C) requirements. For plans with 100 or more eligible participants, a well-prepared audit can mean the difference between on-time filings and costly delays. Duffy Kruspodin’s checklist breaks down each audit phase with clear documentation goals to help HR, payroll, and finance leaders stay ahead of the process.
From pre-audit planning to year-end reporting, this checklist helps you gather the right documents, reduce follow-up requests, and improve communication with your auditors. With guidance across internal controls, transactional testing, and compliance confirmations, plan sponsors can move through audits with less disruption and more confidence. Start preparing early and work with a team that knows what regulators expect.
General Disclosure: The information provided in this article is for general informational purposes only and does not constitute professional accounting, tax, or legal advice. Laws and regulations are subject to change and may vary based on specific facts or jurisdictions. Presentation of this information is not intended to create, and receipt does not constitute, an accountant-client relationship. Readers are advised not to act upon this information without seeking the services of a qualified professional.
