We Specialize in Auditing Employee Benefit Plans

Since inexperienced auditors can make errors and waste client time, our specialization and track record are valuable to you.

Every employee benefit plan audit is supervised by one of our partners and is conducted with minimal disruption to your staff. We organize the flow of our work, brief you and your staff so you know what to expect during the audit, and obtain necessary data in advance to reduce involvement of your staff.

You can be sure that we will also alert you to potential outcomes of newly passed or pending benefit plan legislation and regulatory changes so that you can make appropriate adjustments. Our ongoing relationships with members of the DOL and our extensive familiarity with the Employee Retirement Income Security Act regulations keep us on the inside track.

According to surveys, nearly 70% of companies intend to make discretionary contributions to their plans next year--a 13% increase from last year. Continuing last year's trend, 401(k)s, most people's primary investment vehicle, are in great shape. Participation will increase regardless of market performance.

In addition to auditing employee benefit plans, The GriggsGroup, CPAs is also fully experienced in:

• Preparing Form 5500 for both benefit plans and health and welfare plans.
• Consulting with clients about what type of benefit plan is more advantageous under what conditions.
• Facilitating top-heavy and discrimination testing and recommending ways to meet existing requirements.
• Reviewing the policies and operating procedures of a company's benefit plan and recommending ways to improve the efficiency of its operation.
• Representing clients with DOL or IRS inquiries.