How To Lower the Risk of a DOL Audit

A U.S. Department of Labor (DOL) audit of your welfare benefit plan could happen at any time. The checklist below can help you prevent and be prepared for a DOL audit:

DOL Health Plan Audit: Document Request Checklist

The following checklist provides a summary of documents that may be requested from employers who sponsor group health plans in the event of a U.S. Department of Labor (DOL) audit. This checklist is for general reference purposes only and DOL auditors may request various documents that do not appear on this list, depending on the plan and other issues that may arise during the audit. If you have questions regarding your responsibilities, please contact a knowledgeable attorney or benefits professional.

DOL Audits: Prevention & Preparation

U.S. Department of Labor (DOL) audits of welfare benefit plans are happening with greater frequency to every size company. Reasons for a DOL audit include:

• Complaints by welfare benefits plan participants to the Employee Benefits Security Administration (EBSA), the DOL agency responsible for administering and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA).
• Inaccurate or late filings of the Form 5500 Annual Report
• National enforcement initiatives investigating compliance with ERISA and the Affordable Care Act (ACA)
• Transfer of cases from the IRS to the DOL
• Random selection
• 
  

This section covers the following topics to help you prevent, and be prepared for, a DOL audit:

• How To Lower the Risk of a DOL Audit
• DOL Health Plan Audit Document Request Checklist

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