CALL (800) 401-5525

          (901) 473-9000


                            facebook 32  linkedin 32  youtube-icon

           Building Relationships That Go Beyond Investment Advice

Preparing for a DOL Audit PDF Print
Preparing for a DOL AuditIt’s no longer a matter of if  but when to expect the DOL on your doorstep. Will you be prepared?

In recent years the DOL has dramatically increased the number of personnel responsible for investigating potential violations of ERISA fiduciary, reporting, and disclosure requirements. The DOL conducts investigations of fiduciaries and service providers to ensure that they operate plans in the participants' best interests. In addition to requiring that violations are corrected, the DOL has the authority to levy penalties and fines in appropriate cases.


The easiest way to avoid investigations and penalties is to take a proactive approach.

Wealth Strategies Group is uniquely positioned to assist you in proactively preparing for a plan audit. Our founder, Charlie Auerbach began his career with the IRS in New York City, holding positions as a Revenue Agent, Audit Reviewer, and Appellate Conferee. He understands what auditors are looking for and how to prepare for a DOL audit.


By performing a Comprehensive Retirement Plan Risk Assessment, Wealth Strategies Group can help you quickly identify risks and recommend corrective actions, potentially saving you and your business significant time and money.


Contact us to discuss how we can help you protect your interests and those of your plan participants through objective and comprehensive fiduciary guidance.