SECURE Act 2.0 Provisions Coming in 2024 and Beyond – What Plan Sponsors Can Do Now
Some SECURE Act 2.0 provisions have already come into effect in 2023, but it will continue to have…
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62 Results Found
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May 25, 2023
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May 18, 2023
401(K) Audit CPA Success Show: What is Form 5500 and When is It Due?
Each year, with few exceptions, any business that sponsors an employee retirement savings plan, or a 401(k) plan…
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May 16, 2023
Missing Participants in Your 401(k) Plan – DOL’s Next Steps and EBSA Suggestions
In previous blog posts, we discussed the concept of “missing” participants in a 401(k) Plan. These are participants…
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February 28, 2023
My 401(k) Plan Needs an Audit – Where Do I Start?
It’s that time of year when Plan Sponsors of 401(k) plans find out that their plan has reached…
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February 13, 2023
401(K) Audit CPA Success Show Podcast: So You Just Found Out You Need A 401(k) Plan Audit, What’s Next?
Beginning the 401(k) plan audit process can feel overwhelming, no matter if its your company’s first audit or…
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February 7, 2023
SECURE Act 2.0 Impacts RMD Age in 2023 and More – How the Updated Law Will Affect Your 401(k) Audit
Congress passed a new act called the Securing a Strong Retirement Act of 2022 (commonly referred to as…
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January 2, 2023
When is a 401(k) Plan Audit Required?
To ensure the new year begins on the right foot, there are several activities that Plan Sponsors should…
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December 16, 2022
401(k) Audit CPA Success Show Podcast: Key Tips to Keep Your First 401(k) Plan Audit on Track
Reaching your first 401(k) audit as an organization is a milestone for any business, but one not everyone…
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December 13, 2022
How SECURE Act 2.0 May Impact 401(k) Plans and Audits in 2023
What is the status of SECURE Act 2.0 and what effect could it have on companies’ 401(k) Plans?…
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November 30, 2022
Updated Contribution Limits for 401(k) Plans for 2023
Each fall, the Internal Revenue Service (IRS) reviews the contribution limitations for benefit plan contributions and other supporting…
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November 7, 2022
Benefits of Clearing 401(k) Forfeiture and Holding Accounts
As we near the end of a Plan year for those who oversee their company’s 401(k) Plan administration,…
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November 1, 2022
401(k) Audit CPA Success Show Podcast: Final Year-End Preparations for 401(k) Plan Sponsors
As a new year approaches, 401(k) plan sponsors and administrators should begin planning for 2023 to maximize plan…
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October 3, 2022
Document Retention Policy for Your 401(k) Plan
Is There a Checklist of Items Needed for a 401(k) Plan? As the Plan Sponsor of a 401(k)…
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September 29, 2022
Form 5500 Filing Deadline Approaching for 401(k) Plan Sponsors
As we approach October 17th, the deadline is drawing near for the filing of your Form 5500 if…
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September 26, 2022
401(k) Audit CPA Success Show: Simple Steps to Ensure a Speedy 401(k) Audit
A 401(k) audit can often be a lengthy process and looming deadlines can have plan providers feeling anxious…
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September 22, 2022
Form 5500 Deadline Approaching for Calendar Year 401(k) Plans
For those plans filing on a calendar year basis, the original deadline for filing the required Form 5500…
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August 17, 2022
Our 6-Phase 401(k) Audit Process
When working with our 401(k) audit team our clients can expect a streamlined and organized process. 401(k) Audit…
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August 5, 2022
401(k) Benefits Help to Attract Potential New Employees
With the economy opening back up after the pandemic, businesses are struggling to get back to normal. In…
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August 2, 2022
Audit Sampling for Your 401(k) Plan
Audit sampling is a list of transactions that need supporting data. When a 401(k) plan needs an audit,…
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July 31, 2022
401(k) Audit Report Guidelines: What to Look For
If you are in the middle of your first 401(k) audit, your auditor will be providing a draft…
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June 29, 2022
5 Areas That Will Require Your Focus During a 401(k) Plan Audit
If 2022 will be the first year audit for your company 401(k) plan, it can be an apprehensive…
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June 13, 2022
Cryptocurrency in a 401(k) Plan?
There has been a lot of press coverage over the last few years about cryptocurrency. Articles about the…
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April 4, 2022
103a3C Versus Non-103a3c 401(k) Plan Audits?
If you are a Plan Sponsor for a 401(k) Plan and you just discovered that you will now…
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March 16, 2022
401(k) Audit: Why 120 is the Magic Number
As the administrator of the company 401(k) plan it’s your job to determine if you have a large…
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March 16, 2022
Terminated 401(k) Plan Audit Requirements
The economy in recent years has been hard on some businesses and in an effort to stay afloat…
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February 21, 2022
A Top Auditor’s 401(k) Audit Document Checklist
We are often asked if there is a 401(k) audit checklist that we could offer to clients that…
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February 7, 2022
Documents Needed For a 401(k) Audit
If you are the plan sponsor of a 401(k) plan and you just found out that you need…
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December 14, 2021
Why Does A 401(k) Audit Take So Long?
If you are the Plan Sponsor of a 401(k) that requires an annual audit, you may have asked…
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November 15, 2021
401(k) Plan Limits Updated for 2022 by the IRS
Each year the Internal Revenue Service reviews the limitations for benefit plan contributions and other supporting factors based…
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November 9, 2021
Top Things To Know About Standard 401(k) Audits For 2022
As a standard 401(k) plan sponsor, you might think that it is solely the responsibility of your auditor…
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October 25, 2021
How to Find a Qualified 401(k) Auditor
We are now past the calendar year 401(k) Plan deadline (October 15th). However, we know there are severalpPlans…
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October 14, 2021
Preparing for Your 401(k) Plan: End of Year Requirements
There are many tasks that a plan sponsor needs to complete by the end of the year to…
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June 29, 2021
Does Your 401(k) Plan Have an Oversight Committee?
PLAN FIDUCIARY RESPONSIBILITIES Plan sponsors of a 401(k) plan are considered fiduciaries to the plan which means they…
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May 18, 2021
Form 5500 Changes for 2020 Plan Year
IMPORTANT CHANGES TO FORM 5500 As we are nearing the end of May, many service providers are providing…
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March 12, 2021
Is the Limited Scope Audit Going Away?
There’s a New 401(k) Audit Standard If your company 401(k) plan has required an audit over the last…
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January 22, 2021
Choosing the Right CPA Firm to Audit Your Employee Benefit Plan
Companies that provide employee benefit plans (EBPs) may be familiar with the auditing process required by the Department…
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