Federal law requires employee benefit plans with 100 or more participants as defined by ERISA to have audited financial statements attached to their Form 5500 filings. Smaller plans may also need to have an audit if they do not meet certain conditions exempting them from the audit requirement.

Business and Accounting Solutions has extensive experience in performing 401k and other benefit related plan audits. We use practices and procedures to assure that all plan net assets are appropriately recognized and reflected in the plan's financial statements. Our services are provided in a timely efficient manner and in accordance with U.S. generally accepted auditing standards, and with a fee structure that is significantly less that hiring a large CPA firm. You get the expertise of a large firm with the cost and attention of a smaller firm.