Employee Benefit Plan Audits

Piccerelli, Gilstein & Company, LLP recognizes that auditing employee benefit plans is an industry-specific task that requires specialized experience and knowledge.

Often considered simple and routine, government-required benefit plan audits are anything but. According to the US Department of Labor, roughly one-third of all benefit plan audits fail to comply with Employee Retirement Income Security Act (ERISA) requirements.

If your employee benefit plan is required to have an audit, one of the most important duties of the plan’s administrator is to hire an independent qualified certified public accountant. This individual should have the necessary experience and expertise to complete the audit in accordance with ERISA.

At Piccerelli, Gilstein & Company, LLP we have extensive experience in auditing and reporting on the financial statements of:

  • Defined contribution plans including 401(k) and profit sharing plans
  • Employee health and welfare benefit plans
  • Defined benefit pension plans
  • Investment entities under 29 CFR 2520.103-12 of the Department of Labor Rules and Regulations.


Piccerelli, Gilstein & Company, LLP clients benefit from our plan audit focus that encompasses:


We value the communication process and emphasize planning and organization to help facilitate a smooth audit.

Technical Experience:

We assist clients in understanding the audit and compliance requirements related to their plan.

Project Management:

We work with our clients and their plan service providers (i.e., third-party record keeper, investment trustee, payroll service and actuary) to coordinate all phases of the plan audit.

AICPA Employee Benefit Plan Audit Quality Center - logo   AICPA Governmental Audit Quality Center - logo

We welcome the opportunity to assist you with your Employee Benefit Plan Audit. Call us today at 401-831-0200.