403(b) Plans
Among other new 403(b) plan requirements effective for plan years beginning on or after January 1, 2009, all ERISA-covered 403(b)
large plans – generally those with 100 or
more total participants (active, retired,
terminated with vested benefits, etc.)-
must engage an independent qualified
public accountant to audit the plan’s
financial information.
For more information on 403(b) plans, please refer to our blog post - "Employee Benefit Plan Audits - 403(b) Plans Frequently Asked Questions".
Information courtesy:
