DOL Audit of Service Provider

[Guest JB2]

I am interested in any feedback from recordkeepers and other service providers that have been audited by the DOL. What were the expected vs unexpected issues that arose from the audit?

The DOL office conducting the audit is Boston, MA. The letter received is the initial request for documents with a checklist of 10 items to forward within 20 days. The audit years are 1995 - present. Requested items include:

1. Identify subsidiaries and affilitiates of the our company.

2. Identify all plans serviced.

3. All written guidelines.

4. List of all persons responsible for servicing the plan.

5. Copies of plan documents.

6. Copies of sample service / administrative agreements.