Now that SSAE No. 16 is applicable, how will plan audits be impacted? What changes should we expect? What is the difference between a SOC 1, SOC 2 and SOC 3 report, and which should I be looking for? Does this mean more or less work for auditors? What does the service organization's assertions mean to the plan sponsor? We will also look at the updated EBPAQC SSAE No. 16 tool.