Stay Informed
of New Reports
Twitter
Where To Report Waste
Fraud, Abuse, Or Retaliation
Where To Report Waste Fraud, Abuse, Or Retaliation

Delaware 401(a) Match Plan Financial Statement Audit for Calendar Years 2019 and 2020

Report Details

Submitting OIG: 
State of Delaware Auditor of Accounts
Report Description: 
What Was Performed? A financial statement audit of the State of Delaware 401(a) Match Plan for Calendar Years Ended December 31, 2019 and 2020. WhyThis Engagement? This engagement was conducted in accordance with 29 Del. C. §§ 2906, 6058 and 2722. The 401(a) Match Plan voluntary retirement program is available to most state employees, including employees of the General Assembly, the judicial branch and higher education institutions. This plan allows employees to create additional retirement income security. As of December 31, 2020, the 401(a) Match Plan had approximately 9,000 participants and a net position of about $25 million. What Was Found? It is my pleasure to report this audit contained an unmodified opinion.1 The 401(a) Match Plan Annual Report for Calendar Years ended December 31, 2019 and 2020, can be found here. Please do not reply to this email. For any questions regarding the attached report, please contact State Auditor Kathleen K. McGuiness at Kathleen.Mcguiness@delaware.gov.
Date Issued: 
Friday, January 7, 2022
Agency Reviewed / Investigated: 
State of Delaware
Location: 
Dover, DE
United States
Type of Report: 
Audit
Professional Standard: 
GAO's Yellow Book, Generally Accepted Government Auditing Standards (GAGAS)
Report File Link: 
https://auditor.delaware.gov/wp-content/uploads/sites/40/2022/01/State-of-Delawa…

Please note that Oversight.gov contains links to documents hosted on various state and local government and other non-Federal Government websites (external websites). CIGIE proudly complies with section 508 accessibility regulations in the posting of Federal Government reports on Oversight.gov; however, CIGIE cannot guarantee section 508 compliance (accessibility) on any external websites. Additionally, when clicking on links to external websites, users should be aware that doing so causes them to leave CIGIE’s website and to be subject to that external website’s privacy policy. Furthermore, CIGIE neither controls nor guarantees the accuracy, relevance, timeliness, or completeness of the information contained in external website links.