Payroll Compliance Audits

B&K assists plan trustees by verifying the accuracy of contribution and wage reporting by contributing employers. Our approach tests the wages, hours, and contributions that are reported are in alignment with the current collective bargaining agreements in effect. These verification procedures are essential for multi-employer benefit plan compliance with U.S. Department of Labor standards for collection procedures.

B&K has a separate department of dedicated and experienced payroll auditors that have a thorough understanding of each client’s specific collective bargaining agreement in effect. B&K internally develops audit programs that are tailored to each specific payroll audit client. We have the proven results as an industry leader in payroll compliance audits.

International Foundation of Employee Benefit Plans

B&K is a member of the International Foundation of Employee Benefit Plans (IFEBP). This organization is a leading resource for information, education, and training for professionals involved in supporting employee benefit plans.

AICPA Employee Benefit Plan Audit Quality Center

B&K is a member of the American Institute of Certified Public Accountants (AICPA) Employee Benefit Plan Audit Quality Center for CPA firms. The Center is a voluntary membership organization for firms that perform ERISA employee benefit plan audits. Employee benefit plan audits include pension, health and welfare, and 401(k) plans subject to the Employee Retirement Income Security Act (ERISA) under the regulatory authority of the U.S. Department of Labor (DOL). The Center was established to promote the quality of employee benefit plan audits and assists member firms in better servicing their clients by providing members with timely communication of regulatory developments, best practices guidance, and technical updates.