Payroll Compliance/Employer Compliance

Employer Compliance and Payroll Compliance Services

Employer contributions to an employee benefit plan represent a significant, if not the most significant, source of revenue to an employee benefit plan and these contributions are paid by employers on a “self-assessed” basis. That is, it is the employer that determines for which employees, for what hours or months, and when, contributions are required to be paid to the plan. As a result, employers often overpay or underpay contributions based on the employers’ erroneous interpretation of the collective bargaining or other agreement requiring these plan contributions. A properly-established employer payroll auditing program will satisfy the plan administrator’s fiduciary responsibility to ensure that an employee benefit plan is collecting the contractually correct amounts of contributions from its contributing employers.

What makes our Payroll Compliance and Payroll Audit Services different?

Our over 40 years of experience in providing employer compliance audit services as well as developing our capabilities to provide these services, has given the partners and professionals of Miller Kaplan a keen understanding of collective bargaining agreements, plan documents, and the common misunderstandings and misinterpretations that result in underpaid or overpaid employer contributions. Regularly, Miller Kaplan continues to develop and invest in this practice area and has devoted a team year round to payroll audit. These investments have allowed us to increase our efficiencies in performing payroll audits, as well as, allowing us to better service our clients.

For additional information about employer compliance, payroll compliance and our payroll audit services, please contact us online or call us at (818)769-2010.