The Good, The Bad, and The Audit: What HR Needs to Know About DOL Expectations
The Department of Labor continues to focus on audit quality, Form 5500 compliance, and participant protections. This session provides HR professionals with an insider’s view of current DOL initiatives, common filing mistakes, audit quality trends, and areas attracting regulatory attention. Attendees will learn practical steps to help their plans stay compliant, avoid costly errors, and work more effectively with auditors and service providers.
Key Objectives
1. Identify current DOL enforcement and compliance initiatives affecting employee benefit plans. 2. Recognize common Form 5500 reporting and filing errors and understand how to avoid them. 3. Understand key audit quality findings and the role plan sponsors and HR professionals play in supporting a successful audit.
Marcus Aron
Acting Chief Accountant at EBSA, U.S. Department of Labor
Marcus J. Aron, CPA, CGMA Acting Chief Accountant Employee Benefits Security Administration U.S. Department of Labor Washington, D.C. Mr. Aron has nearly 40 years of experience with EBSA working with audits of ERISA-covered plans. As the Acting Chief Accountant, Employee Benefits Security Administration, Mr. Aron is responsible for managing the resources of the Office of the Chief Accountant and implementing various comprehensive, nationwide enforcement programs relating to certain provisions of the Employee Retirement Income Security Act (ERISA). He also provides ERISA related accounting and auditing technical expertise within the Employee Benefits Security Administration and is the liaison with the American Institute of Certified Public Accountants (AICPA), the Financial Accounting Standards Board (FASB) and other professional organizations. Mr. Aron provides executive oversight and leadership for EBSA’s fiduciary oversight program for the federal government’s Thrift Savings Plan (TSP). The TSP is the largest defined contribution plan in the world, with assets in excess of $1 trillion and covering 7.3 million participants. Mr. Aron is a certified public accountant and holds a B.B.A. degree with a major in accounting from the College of William and Mary in Virginia.
Please Note: Speakers and topics are subject to change without notice.