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Question 277: I am interested in the audit aspect of a multiple employer plan. In my situation there are several small employer plans aggregated into a multiple employer plan. Individually none of the plans would meet the audit requirement; but as a multiple employer plan there are over 100 participants, so the plan files Schedule H to Form 5500. Small employers should weigh in the audit cost associated with the multiple employer plan in considering administrative costs. |
Answer: Is there a question that goes with that answer? |
Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.
The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.
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