Auditors prepare a pooled employer plan audit at a computer

Pooled Employer Plan Audits

Pooled plan providers (PPPs) meet regulatory requirements with a high-quality, streamlined pooled employer plan (PEP) audit.

Ranking 5th among all employee benefit plan auditors, Baker Tilly's audit experience provides pooled plan providers (PPPs) with the professional service to comply with the requirement for an annual independent audit of your pooled employer plan (PEP) with little disruption to your organization and a seamless transition to audit compliance.

    PEPs are a unique type of multiple employer plan (MEP) created with the passing of the Setting Every Community Up for Retirement Enhancement (SECURE) Act. Unlike traditional MEPs that require shared characteristics (such as industry) among the included employers, PEPs allow unrelated employers to participate in a single retirement plan. By pooling their resources, small and mid-sized organizations gain economies of scale that aim to lower plan costs, offer greater oversight and reduce risk for participants.

    PEP audit requirement

    PEPs are subject to an annual audit when the PEP reaches 100 or more eligible employees as of the beginning of the plan year. The plan may exercise the 80-120 rule exemption if the plan meets the exemption’s requirements.

    Baker Tilly’s employee benefit plan audit experience provides PPPs with the professional service to comply with the requirement for an annual independent audit with little disruption to your organization and a seamless transition to audit compliance.

    Baker Tilly ranks 5th among all employee benefit plan auditors (including MEPs) in the U.S., out of more than 6,000 firms!
    According to the U.S. Department of Labor (DOL)

    Working with key stakeholders, we establish a client service plan unique to your organization’s expectations and audit timeline.

    We identify specific areas that will require your assistance during the audit.

    We communicate with key stakeholders to lay the groundwork for the audit, and execution of our work according to the mutually developed and approved audit timeline established in Phase 1. Throughout the audit process, we discuss progress with your organization’s management. Through open communication and effective project management, you experience an efficient and effective audit.

    Your Baker Tilly team communicates the results of the audit in our wrap up presentation to your organization’s management team and those charged with governance. Your feedback is solicited at the conclusion of the audit and throughout the year.

    Why choose Baker Tilly as your PEP auditor?

    Man works remotely with phone, reports and computer

    1,800

    employee benefit plan audits nationwide

    Leading firm

    We have deep experience auditing benefit plans ranging from privately held organizations to large public companies, and from small, growing entities to established international corporations.

    50+

    offices nationwide, and global resources to support your growth through Baker Tilly International

    EBPAQC member

    We are committed to quality employee benefit plan audits as shown by our membership in the AICPA's Employee Benefit Plan Audit Quality Center (EBPAQC) for CPA firms since its inception.

    Collaboration

    Our auditing approach contains significant partner and manager involvement, consistent teams and valued business insights.

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