Employee Benefit Plan Services


Grassi works with a significant number of companies, across a wide range of industries, to conduct audits of their retirement and pension plans. Our Employee Benefit Plan Services Group has extensive experience auditing 401(k), 403(b), pension, retirement, savings, health and welfare plans and have been focused on Benefit Plan audit requirements. In fact, we have been a market leader in sharing up-to-date regulation and requirements changes with clients as they prepare for their audits.

An audit conducted in accordance with Employee Retirement Income Security Act (ERISA) regulations, in addition to United States Generally Accepted Accounting Principles (US GAAP); Department of Labor (DOL) and Internal Revenue Service (IRS); includes specific procedures designed to provide the auditor with assurance regarding the presentation of  various elements of financial statements.

The audit includes the testing of certain information to ensure transactions have been properly captured and recorded.  This testing will include participant eligibility, employee and employer contributions, employee distributions, and other areas as deemed necessary, as well as:

  • Compliance Requirements
  • Internal Controls
  • Risk Assessment
  • Compliance with Plan Documents
  • Related Parties, Parties-in-interest and Prohibited Transactions
  • Form 5500
  • ESOPs


Laurie Landry Principal
Michele Lindner Principal
Tammy E. Straus Partner

Articles & Alerts

Relief for Employee Benefits Plan Participants in COVID-19 Stimulus Act

Among the many relief provisions included in the Coronavirus Aid, Relief and Economic Security (CARES) Act are benefits that impact employee benefit plan participants specifically. Plan administrators should be aware of the relief available to their participants to fulfill their fiduciary duties during these challenging times.


Your Company Has a Retirement Plan – Are You Meeting Your Fiduciary Responsibilities?

While you offer your employees defined contribution, defined benefit, health and welfare, or profit sharing plans, it is important to know that offering these plans also comes with responsibilities and risks for the sponsoring company and the trustees of the plans.