401k plan audit

/Tag:401k plan audit

Annual Audit Eligibility for 401(k) plans

Annual Audit Eligibility for 401(k) plans 401(k) and retirement plans in general maybe subject to a plan audit through the Dept. of Labor. It all starts with the to filing of the IRS form 5500.  There are 2 options to the 5500. The "Short Form" and the "Long Form". The short form is for small [...]

Fiduciary Guide for Employers

10 ‘Fiduciary’ Questions For Employers As an employer it is extremely important to understand your ‘fiduciary’ responsibilities for the benefit of the company’s retirement plan and stay in compliance with the law. Here are some questions to answer that will help you identify areas that may be of concern: Who are the ‘fiduciaries’ of the [...]