630.886.7669

Category: 401k Compliance

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[...]

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[...]

You think you’re in compliance… your tech says otherwise

April 20, 2022

Today’s cloud-based business systems simplify and streamline processes like never before. They can help teams around the world collaborate as if they were just around the[...]

Audit

What the heck is SAS 136 and why you should care

January 17, 2022

Your independent auditor has always adhered to auditing standards established by The Audit Standards Board of the American Institute of Certified Public Accountants[...]

Myths vs Facts

“We’ll take care of the 401k audit for you” and other myths

November 15, 2021

There are many benefits to having a 401(k) plan for your employees, such as retirement savings for your team, reduced taxes on wages, and reduced taxes for the employer, to[...]