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 Guidance on Inadvertent Benefit Overpayments
Internal Revenue Service (IRS) Notice 2024-77, “Guidance Under Sections 414(aa) and 402(c)(12) of the Internal Revenue Code with Respect to Inadvertent Benefit Overpayments” provides interim guidance on the treatment of inadvertent benefit overpayments under the...
DOL Updates Cybersecurity Guidance
In its continuing effort to protect U.S. workers’ retirement and health benefits, the U.S. Department of Labor updated current cybersecurity guidance confirming that it applies to all types of plans governed by the Employee Retirement Income Security Act, including...
SECURE 2.0 Impact on Forms W-2
The Internal Revenue Service reminds businesses that starting in tax year 2023 changes under the SECURE 2.0 Act may affect the amounts they need to report on their Forms W-2. The SECURE 2.0 Act allows for additional features in various employer retirement plans to...
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.