This episode of the podcast focuses on the collaborative approach to employee benefit plan audits, emphasizing the importance of teamwork between CPAs, HR professionals, legal counsel, and finance departments. The conversation highlights common compliance challenges such as late remittances and eligible compensation errors, the impact of industry-specific workforce dynamics on benefit plan administration, and the critical role of plan design in mitigating risks. The discussion wraps up with key best practices for businesses to ensure smooth benefit plan audits and maintain regulatory compliance.