This Employee Benefit Plan Audit Quality Center (EBPAQC) primer provides a general understanding of ERISA Section 103(a)(3)(C) audits of employee benefit plans under the Employee Retirement Income Security Act of 1974 (ERISA).
This document includes:
a general description of the statutory and regulatory basis that permits the plan administrator to make the ERISA Section 103(a)(3)(C) audit election
what constitutes a proper certification from a qualified institution
the ERISA Section 103(a)(3)(C) audit in the current environment
the effect of