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ERISA Audits: What We All Knew but ForgotLorman Education Services |
Feb. 27, 2017 Recorded Online Webcast |
1:00 - 2:30 pm EST Make sure you are in full compliance with your benefit plan before an ERISA audit takes place. With the ever-changing landscape for employee benefit plans, it becomes easier and easier for an employer to fall out of compliance and risk exposure. Many employers mistakenly rely exclusively on their brokers and service providers to keep them legally compliant with growing complex regulations. When the Department of Labor or IRS comes knocking and looking to examine the benefits being offered to employees, it is important for an employer to be knowledgeable and ready. Employers can best be ‘audit-ready' by ensuring documentation and procedures are in place to support compliance with federal laws. This topic will help the person responsible for these employee benefit plans be ready when that knock comes along so they can ensure that document requests are easily addressed and compliance concerns are met. This content will assist in identifying priority areas for correction and determining materials that will demonstrate compliance. Correcting any compliance issues prior to an audit will avoid many penalties and expedite the audit process. Learning Objectives
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