Payroll Auditing

One of the Most Thorough Payroll Auditing Services

The Amalgamated Employee Benefits Administrators Payroll Auditing services for multi-employer Taft-Hartley plans are highly detailed in that they include the review of every member for which contributions were made covering periods from one year to five years. This thorough approach has returned contributions to clients totaling an estimated $10 million over a single five year period alone. It has helped hundreds of employers and plan trustees meet their compliance requirements under the Employee Retirement Income Security Act of 1974 (ERISA). The Amalgamated Employee Benefits Administrators Payroll Auditing services include:

  • Obtaining and reviewing copies of collective bargaining agreements and the plan’s government documents to ascertain the method of contributions
  • Obtaining all payroll records from contributing employers
  • Performing the payroll audit, either in-house or onsite at the employers’ facility, as necessary, reviewing each year’s records and each member for which contributions were made
  • Determining if a plan is receiving the proper employer contribution and has complete and accurate data for each participant
  • Helping plan trustees demonstrate their due diligence in seeking an independent, third party review of employer contributions, recording finding and improving the accuracy of contributions