Pooled employer plans (PEPs) are unique. Unlike traditional multiple employer plans (MEPs) and multiemployer plans, PEPs offer a consolidated framework for multiple employers to pool their resources for plan management.
To understand PEP audits and the complexities to consider when determining whether to accept a PEP financial statement audit engagement, the Employee Benefit Plan Audit Quality Center and an expert panel produced “Pooled employer plans (PEPs) special considerations” (download below).
In addition to auditor independence considerations and the Department