Employer Compliance Reporting
Employer contributions represent a significant source of revenue for most employee benefit plans. Employers make contributions on a self-assessed basis and overpayment or underpayment can result from misinterpretations of the collective bargaining agreements or other arrangements that require plan contributions.
Miller Kaplan Arase LLP offers employer compliance services to help plan sponsors uphold their fiduciary responsibilities. A properly established employer payroll compliance program helps ensure employee benefit plans collect the contractually required contributions from their participating employers.
Within the employee benefit plans sphere, Miller Kaplan is known for its extensive experience in compliance audits. We maintain a permanent, full-time team of professionals who specialize in auditing employers’ trust fund contributions to determine if collective bargaining agreements are being followed. The ample and consistent resources we devote to our employer compliance practice make it easier for us to identify common misunderstandings, violations and payment irregularities. We have helped hundreds of employee benefit plan clients accurately, cost effectively and efficiently uphold their obligations to employees.