Browsing Tag
401(k) Audit
7 posts
A 401(k) audit is a financial review of an employer-sponsored retirement plan, typically required for plans with 100 or more eligible participants. Conducted by an independent auditor, it ensures the plan complies with IRS and Department of Labor regulations, verifies accurate reporting of contributions and distributions, and protects employees’ retirement savings.
Seekr, Stephano Slack Partner on AI Agents to Slash 401(k) Audit Time 90%
Companies say AI agents developed through new collaboration reduce manual extraction work from 50 hours to 2 hours in most environments
Human Interest Unveils Automated 401(k) Audit Solution
“Audit Relief” aims to combine data collection for plan auditors
The Risky Business of Cashing Out Plan Balances Below $1,000
Tom Hawkins exposes the drawbacks for both plan sponsors and participants
‘DOL Audit Defense’ Among Trio of New Services Introduced by Human Interest
401(k) provider focused on SMB market says the new offerings are industry firsts
IRS Announces ‘Pre-Audit’ Retirement Plan Pilot Program
The IRS will determine whether to issue a closing letter or to conduct a limited or full scope audit
401(k) Plan Management: How to Better Organize Participant Data
Learn how to manage missing 401(k) participants and reduce fiduciary risk with search processes and automatic IRA rollovers.
How to Avoid a DOL 401(k) Audit
There are many reasons for 401(k) plan sponsors (and their advisors) to do everything possible to avoid a…