Navigating Benefit Plan Compliance
Implementing and maintaining employee benefit plans—such as 401(k), profit sharing, pension, and ESOP plans—introduces complex regulatory requirements and potential risks. Wright Ford Young brings deep experience in this area, helping clients maintain compliance and avoid costly penalties, inquiries, and disruptions.
We provide ongoing guidance aligned with evolving regulations, supporting the design of internal processes and controls that sustain compliance over time. Our team maintains a high level of expertise in employee benefit plan audits and related reporting requirements, and we are members of the AICPA Employee Benefit Plan Audit Quality Center. Notably, we are nationally recognized as one of only 122 CPA firms in the U.S. that audit more than 100 employee benefit plans annually.
Depth of Experience, Practical Execution
Each year we audit approximately 150 employee benefit plans, allowing us to continually refine best practices and apply a tailored approach to each engagement. Our work extends beyond the audit itself—advising on plan design and technical considerations through established relationships with third-party administrators, custodians, and the U.S. Department of Labor.
Our professionals regularly attend the AICPA Employee Benefit Plan Conference, the leading forum for regulatory updates and industry developments, with participation from the Department of Labor, the Internal Revenue Service, and other subject matter experts.
Efficient, Low-Disruption Process
We understand that for many organizations, the annual audit is a requirement to be completed efficiently and with minimal disruption. Our approach is designed accordingly.
By integrating innovative technology and a disciplined audit process, we reduce the time burden on your team and accelerate completion—delivering a thorough, cost-effective audit experience.