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80/120 rule for 401k plan audits.

Growing 401(k) plan? The 80/120 rule could save you time and money.

November 15, 2023

If your 401(k) plan is close to hitting “large” by DOL rules at the start of your plan year, the 80/120 rule could save you time and money.   It happens. You[...]

How to choose the right 401(k) plan auditor

How to choose the right 401(k) plan auditor

October 15, 2023

Wondering how to choose the right 401(k) plan auditor for your organization? Here’s what to look for—and avoid—in selecting your auditing firm.   If your[...]

There are many service providers on your 401(k) plan team. Here’s what their roles are and what to expect from each of them.

Know who’s who: Your 401(k) plan service providers

September 15, 2023

There are many service providers on your 401(k) plan team. Here’s what their roles are and what to expect from each of them. To keep your 401(k) plan sustainable,[...]

Don't get surprised at audit time. Stay compliant when handling the 401(k) or benefits plans of an acquired company.

Got M&A? Don’t forget to consider 401(k) plans in your merger or acquisition.

August 15, 2023

Don't get surprised at audit time. Stay compliant when handling the 401(k) or benefits plans during a merger or acquisition. Merging or holding companies? Buying a[...]

What are Agreed-Upon Procedures, and when do you need them?

July 15, 2023

Don't require a full-scale audit? There's an alternative: agreed-upon procedures. In our last blog, we discussed changes to 401(k) audit requirements that mean many small[...]

A new DOL policy means you may not need a 401(k) plan audit. (Here’s what you need to know).

June 15, 2023

A new DOL policy means you may not need a 401(k) plan audit. On February 23, the Department of Labor, IRS, and Pension Benefit Guarantee Corporation unveiled major changes to[...]

building a relationship with your 401k or benefits plan auditor

Overwhelmed by your 401k auditor’s questionnaires? (We hate them too.)

May 15, 2023

Plan sponsors and advisors, building a relationship with your 401k or benefits plan auditor is better than any questionnaire. Here's why. No matter if you’re a 401(k)[...]

401k audit compliance payroll income type

Review BEFORE the audit: not every income type is the same

April 15, 2023

Imagine this: The sales team has the best quarter ever. Five of seven team members win record-breaking performance bonuses. To keep the momentum going, they are sent[...]

changing payroll providers

You’ve changed payroll providers—Here’s what NOT to do to stay 401(k)-compliant

March 15, 2023

ADP, Gusto, Paychex, and the rest... they make payroll (and life) easier. Small businesses can save millions of dollars a year by forgoing an internal payroll department[...]

Save time: How to get organized before your next audit

February 15, 2023

  We know, nobody loves to do an audit. (If you did, you’d be working here.) 401(k) audits may look time-consuming, but nothing about them is left to chance. The[...]