Employee Benefit Plan Audit Expertise
Specialized Benefit Plan Audit Services For Plan Sponsors and Employers
Discover unparalleled expertise in employee benefit plan audits, ensuring confidence, certainty and accuracy.
We Simplify the Benefit Plan Audit Process
Comprehensive EBP Audit and Other Services
audits of 401(k), 403(b), and Pension plans. We also perform other services related to benefit plans such as assisting Plan Sponsors of 11-K filers in preparing their financial statements; giving comfort on non-qualified plans by performing agreed upon procedures and assisting other CPA firms by performing Engagement Quality Reviews.
Employee Benefit Plan Audits
We specialize in auditing employee benefit plans, providing detailed insights and ensuring adherence to regulatory standards.
401(k) and 403(b) Audits
Our team conducts thorough audits of 401(k) and 403(b) plans, safeguarding your retirement assets and ensuring fiduciary compliance.
Are You Confident Your Benefit Plan Meets IRS and DOL Standards?
With decades of experience, Torrillo & Associates has established itself as a leader in the field of employee benefit plan auditing. Our team of professionals is dedicated to delivering precise and reliable audits. Our focus is not only on numbers and financial amounts and also includes helping you comply with benefit plan audit requirements. We are committed to maintaining the highest standards of integrity and professionalism, serving clients across Pennsylvania, New Jersey, Delaware, New York, Florida and beyond. Our deep experience and focus on benefit plan audits means that you can focus on your business while we focus on your audit.
Our Professional Services
Torrillo & Associates Blog: Insights and Updates
IRS Issues Final Regulations on Extended Rollover Period For Qualified Plan Loan Offset
The IRS has released final regulations on the rollover period for a qualified plan loan offset amount. Previously, the IRS had issued proposed regulations related to the extended rollover period for a qualified plan loan offset amount. Plan sponsors and administrators...
IRS Provides Guidance on Distributions from Terminating 403(b) Plans
The Department of the Treasury and the Internal Revenue Service issued guidance for employers and employees with terminating 403(b) plans that fund benefits through 403(b)(7) custodial accounts. The guidance reflects changes provided in the Setting Every Community Up...
2021 COLA Adjustments: 401(k) Contribution Limit Remains $19,500 for 2021
The Internal Revenue Service announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2021 in Notice 2020-79. Key employee contribution limits remain unchanged The limit on contributions by...
Download : 7 Things To Look For In Your Benefit Plan Audit Specialist.
Did you know that:
- Most firms will hand off your important benefit plan audit to less experienced staff.
- The Department of Labor found serious problems with nearly 30% of employee benefit plan audits not performed by a benefit plan audit specialist.
- An incomplete, inadequate, or untimely audit report may result in penalties being assessed against you, as the plan’s administrator
- There is a proven way to avoid costly mistakes…
Phone
(484) 574-8782
Address
Torrillo & Associates, LLC
36 Regency Plaza,
Glen Mills, PA 19342
Get In Touch With Us, Right Now!
Our team is here to help you with your employee benefit plan audit needs. Contact us now to discuss our capabilities and services.