by JoAnn Cassell | Mar 15, 2026 | 401k Compliance Error, 401k Plan Mistakes, Audit Insights
As a sponsor of a 401(k) plan, you’re not trying to break the rules—the opposite, you have the best intentions for your employees. You’re offering a benefit that protects their futures! But as I recently shared on The 401(k)ouple Podcast, most mistakes don’t come...
by JoAnn Cassell | May 15, 2025 | 401k Plan Mistakes, Audit Insights
Conducting a 401(k) audit can feel daunting—especially when you uncover more “gotchas” than guarantees. Every year, we feature the top three errors (= teachable moments) of that audit season. Today, however, we’re gathering lessons learned from successful 401(k) plan...
by JoAnn Cassell | Feb 15, 2025 | 401k Compliance Error, 401k Plan Mistakes, Audit Insights, Eligible compensation discrepancies
With 2024’s audit season a none-too-distant memory, it’s time to look back at the top 3 errors on 401(k) plan audits we saw our clients make last year… So you can prevent them from showing up during your next benefits plan audit! Since we specialize in 401(k) plan...
by JoAnn Cassell | Jan 15, 2024 | 401k Plan Audit, Audit Insights
We learn the most indelible lessons from our mistakes, right? This year, save yourself (and your auditor!) time and headaches by learning from someone else’s mistakes. Fresh out of this year’s audit season, it’s time for our annual look back at the most common errors...
by JoAnn Cassell | Dec 21, 2022 | Audit Insights
A 401(k) audit can feel like a test you didn’t study for. After all, you’ve got lots of other priorities. Here’s the catch: Just three mistakes make up more than half the issues Cassell Plan Audits has seen so far this year. The last few audit seasons haven’t been...
by JoAnn Cassell | Jan 17, 2022 | 401k Audit Firm, 401k Compliance, 401k Plan Audit, Audit Insights, Audit Procedures, Auditor, Plan Sponsors, Retirement Plan, SAS 136
Your independent auditor has always adhered to auditing standards established by The Audit Standards Board of the American Institute of Certified Public Accountants (AICPA). This year, new standards will be implemented for your employee benefit plan audit. In July of...
