According to Sheri Terens, CPA, a deficient employee benefit plan can have grave results:
An overwhelming amount of employee benefit plan audits are deficient, according to a new report issued by the United States Department of Labor (DOL). From a sample of 400 plan audits, 39% of the audits contained major deficiencies with respect to one or more relevant auditing standards. These deficiencies put plan assets and participants at risk.
Generally, the Emplo Read More >>
