CBIZ MHM Tampa Bay partnered with Hill Ward Henderson and Merrill Lynch for a DOL Roundtable earlier this month at Capital Grille. This seminar provided practical information to be aware of as it relates to the integrity of employee benefit plans.
The panel of speakers included the following:
The main takeaways from the roundtable were how the DOL is taking action against plan sponsors, highlights of recent litigation involving benefit plans, and best practices to ensure plans are in compliance. Additionally, Jenny reviewed the recent EBP Audit Quality Study published by the DOL which revealed that nearly 4 in 10 EBP audits in the 2011 plan filing year contained major deficiencies and failed to meet regulatory standards. This study’s findings make it even more important for companies to conduct thorough due diligence when selecting an auditor for their plan.
For more information regarding how DOL enforcement is impacting your employee benefit plan, contact Jenny Matasic at 727.572.1400 or email@example.com.