Lindahl Associates PLLC

We specialize in auditing Employee Benefit Plans

Generally, federal law requires employee benefit plans with a trust with 100 or more participants as defined by ERISA to have audited financial statements attached to their Form 5500 filings. Smaller plans may also need to have an audit if they do not meet certain conditions exempting them from the audit requirement.  Generally, you must have over 120 participants to trigger the initial audit.

Rules for who is considered a participant and when an individual is considered a participant are complex and vary for different types of plans.  If you are unsure if your plan requires an audit, please call us at 571-277-4173, or send an email to