Services : Benefit Plan Audits

Arnold Gallivan Levesque understands the complex regulatory environment governing benefit plans and we design our audit process to address the significant risks of your plan while minimizing the use of your internal resources during the process. Our audit approach begins with the assignment of well-trained and experienced professionals who specialize in providing employee benefit plan audits. We then proceed with the audit by implementing the following process:

Provide you with a streamlined data request list so you know exactly what we will need to conduct our audit.
Gain an in depth understanding of your plan and key service providers so we can go directly to them with many of our questions which saves you time and resources.
Perform audit procedures that address your plan’s specific risks and risks identified by the DOL, ERISA and the industry.
If you are ready for our audit team, we will perform our procedures and issue our audit report within four weeks of commencing the audit, we don’t wait until the last minute to start on your audit and issue our report.
Communicate our audit findings to the Plan Sponsor and trustees, with specific emphasis on any risks we identify during the audit and advice with respect to how to either streamline plan administration or implement processes to better comply with laws and regulations.

AGL is a proud member of
employee benefit plan audit quality center

2009 Peer Review

Audit Fees

Years Engaged To Provide Audit Services	Standard Fee Per Year for Limited-Scope Audit*
1 Year	$9,500
2 Years	$9,000
3 Years	$8,500

*Standard fee assumes investments consist of securities exchanged on an open-market, CCT’s, GIC’s or pooled investments. Also assumes no major compliance issues associated with the Plan.