How often are the contractors audited?
The NPF Trust Document provides that an Employer will allow for an audit of the entire personnel payroll wage records of all employees. Currently the NPF audits approximately 20% of our Employers, so that an Employer is typically audited every five years. If an audit reveals that inaccurate reports or insufficient contributions have been remitted the Employer may be required to pay all fees, including audit fees and expenses and attorneys’ fees and costs incurred in collection.