Trest performs preemptive audits of plan documentation, operation and administration. Our professionals review plan documents for regulatory compliance, review service agreements to ensure the reasonableness of the fees and terms, ensure the absence of fiduciary breaches and prohibited transactions, conduct interviews with internal benefits professionals and review regulatory filings and material participant communications, compensation and benefits committee minutes, and information regarding pending employee benefit disputes, in addition to other documentation. Trest prepares a comprehensive Compliance Report that summarizes our review, identifying areas of noncompliance as well as recommendations for self-correction or the use of other IRS and DOL Amnesty programs. Our professionals perform the corrective work to ensure easily passing any subsequent examination by regulatory authorities and to identify possible litigation exposure.
