401kCPAs News

New Rules for Limited Scope Audits

The American Institute of Certified Public Accountants has introduced new rules governing audits of ERISA plans. The rules were originally published in July 2019 in a document titled “Forming an...

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What Your 401(k) Audit Will Cost You

The 401(k) audit is required by law for any business that has over 100 eligible employees. The federal government did not postpone the filing deadline as part of its COVID relief efforts, and so,...

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When Is A 401(k) Audit Required?

An annual 401(k) audit is an essential task for large and mid-sized businesses. Not every company is obligated to conduct an annual audit, but the United States government has set strict rules about...

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Selecting the Best 401(k) Auditor

If your business has 100 or more eligible participants at the beginning of the plan year, you must undergo a 401(k) audit. However, choosing the wrong auditor can have severe consequences for both...

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