This Employee Benefit Plan Audit Quality Center (EBPAQC) special considerations resource assists in understanding pooled employer plans (PEPs) and potential complexities for auditors to consider in determining whether to accept a PEP financial statement audit engagement.
This resource discusses:
Unique characteristics of a PEP
How a PEP is different from other multiple employer plans (MEPs) and multiemployer plans
The DOL financial reporting requirements for a PEP
Unique items for auditors to consider, including engagement acceptance, understanding the entity, and audit