
Finding a Qualified Benefit Plan Auditor
Chicago businesses that offer an employer sponsored 401k, or other retirement plan, must comply with a variety of regulations. The rules apply to various aspects of plan operations, including the misuse of funds, participation, vesting schedules, benefit accrual, and plan funding. Under the oversight of the U.S. Department of Labor (DOL), the Employee Retirement Income Security Act (ERISA) sets standards, requires an appeal process, establishes fiduciary responsibilities, and ensures the right to sue in the …