May 9, 2016

What the DOL Wants During a DOL Audit

When a company is audited, the auditor sent by the DOL will vary in his or her experience of conducting audits. If the person is a novice, then that often means the auditor might ask for more information, whereas someone more experienced knows exactly what they want.
May 6, 2016

7 Common Mistakes that Could Trigger a DOL Audit

Not many things incite more fear than receiving a notice that you’re about to have an audit, especially from the Department of Labor (DOL).
March 14, 2016

Using Compliance Reviews to Prepare Employers for Audit

Original post A retirement plan sponsor has a fiduciary duty to ensure that the plan complies with all federal and state rules and regulations. Plan […]
April 17, 2014

How to Survive a DOL Audit

Whatever process an employer chooses to follow in order to prepare for the on-site investigation, preparation, organization, and accessibility of information are critical to an efficient audit. Here are some key steps in how to make what is scheduled to be a multi-day audit into an audit that can be wrapped up in a matter of hours.
April 14, 2014

Fear of the DOL health plan audit

Perhaps you have heard that the DOL expressed its goal to audit all employee benefit plans by the end of 2015. A daunting task, yes, but most agree the task is logistically impossible. Are you prepared for a DOL audit? Are you prepared for the work that is involved and the fines for non-compliance?
April 11, 2014

DOL Begins Auditing Group Health Plans

Employers should consider taking a serious look at their group health plans, not only for compliance with the PPACA, but also with the long standing mandates for group health plans - ERISA, HIPAA, COBRA and others laws.