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What to Do If You Make an Eligible Compensation Mistake

What to Do If You Make an Eligible Compensation Mistake

by JoAnn Cassell | Aug 18, 2021 | 401k Compliance Error, 401k Plan Audit, 401k Plan Mistakes, Eligible compensation discrepancies

It happens… you’ve performed your audit and discovered some discrepancies. If you’ve ever found yourself in this position, you’re definitely not alone. In fact, eligible compensation errors are so common that they’re included in the IRS...
How to Save Time on Your Next 401k Plan Audit—Especially if This Year’s Didn’t Go as Planned

How to Save Time on Your Next 401k Plan Audit—Especially if This Year’s Didn’t Go as Planned

by JoAnn Cassell | Oct 5, 2020 | 401k Plan Audit, Audit Procedures

Employee benefits plan audits can be a huge pain. They’re also necessary. This means you have a choice: do you want an efficient, painless audit—or a time-consuming and expensive one? It pays in more ways than one to make your audits as efficient as possible. If that...
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