There is this audit and recount process. It is difficult to put a timeline to both of these activities at this point."

VOA: standard.2009.09.15

Last week, the Office of the Inspector General of the Department of Labor issued a report entitled, Changes Are Still Needed in the ERISA Audit Process to Increase Protections for Employee Benefit Plan Participants, which indicates that the Office is gravely concerned about the prevalence of unaudited employee benefit plans.

FORBES: $3 Trillion At Risk In Unaudited Employee Benefit Plans, Says DOL Inspector General