EBP Audit Readiness: Recent DOL Observations + Practice Reminders

April marks the start of preparations for upcoming employee benefit plan (EBP) audit engagements for many practitioners. This month, we also begin our EBP report writing, sharing guidance and reminders for EBP auditors regarding issues and deficiencies identified by staff from the U.S. Department of Labor’s Office of the Chief Accountant (“DOL”). Our report draws on insights shared by DOL staff during the 2025 AICPA Employee Benefit Plans Accounting, Auditing and Regulatory Update conference held last December. In the months