Employee Benefit Plan Audit

 

Dedicated employee benefits practice

A 2015 Department of Labor study, “Assessing the Quality of Employee Benefit Plan Audits,” found serious problems with nearly 40% of employee benefit plan audits. The study reports that the size of an independent accounting firm’s employee benefit plan practice correlates with the audit quality. Deficiencies with audits were less common with firms auditing more than 100 plans per year.

LBMC audits approximately 300 employee benefit plans annually and we are a top 40 benefit plan auditor in the nation. Our in-depth knowledge includes ongoing training, guaranteeing a keen understanding of the latest technical and financial requirements. This experience also allows us to tailor our audit approach to the needs and characteristics of each client.

Resources

On-Demand Webinar

Learn more

Our Areas of Employee Benefit Plan Audit Specialization

Defined Contribution Plans

  • 401(k) Plans
  • SEC Form 11-K Filings
  • 403(b) Plans
  • Profit Sharing Plans

Defined Benefit Plans

  • 401(k) Plans
  • SEC Form 11-K Filings
  • 403(b) Plans
  • Profit Sharing Plans

Health and Welfare Plans

Employee Stock Ownership Plans (ESOP)

Form 5500 preparation

Selecting a Plan Auditor

When evaluating auditors, look for an experienced firm:

Better
Connections

Headquarters (Nashville, TN):
201 Franklin Road
Brentwood, TN 37027

Mailing Address:
P.O. Box 1869
Brentwood, TN 37024-1869

Phone: 615-377-4600

Office Hours: 8am-5pm, Monday-Friday

Charlotte, NC:
3800 Arco Corporate Drive, ​Suite 250
Charlotte, NC 28273
704-846-6750

Chattanooga, TN:
605 Chestnut Street, Suite 1100
Chattanooga, TN 37450
423-756-6585

Knoxville, TN:
2095 Lakeside Centre Way
Knoxville, TN 37922
865-691-9000

 


Executive Team

Link to Mark Employee Benefit Plan Audit

Mark Blackburn

Shareholder, Audit and Advisory

phone icon email icon Nashville
phone icon email icon Nashville
Link to Meredith Employee Benefit Plan Audit

Meredith Douglas

Shareholder, Audit and Advisory

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phone icon email icon Nashville
Link to Nick Employee Benefit Plan Audit

Nick Hill

Shareholder, Audit and Advisory

phone icon email icon Nashville
phone icon email icon Nashville
Link to Mark Employee Benefit Plan Audit

Mark Neighbors

Shareholder, Audit and Advisory

phone icon email icon Chattanooga
phone icon email icon Chattanooga