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Periodic Audits of ERISA Plans and Employment Policies and Practices Can Prevent Costly Mistakes
Aiken & Aiken PC
June 10, 2008 Excerpt: Self-Audits are reviews that companies usually undertake with the assistance of benefits counsel to identify legal compliance gaps in their plans, policies and/or operational procedures. The audit focuses on areas that could place the company at risk for governmental fines and penalties, as well as expose the company to an increased risk of lawsuits. These audits can be done for either or both a company's employment practices and employee benefits plans. MORE >> |
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