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...
by JoAnn Cassell | Jul 17, 2020 | Audit Procedures, hardship distributions
If your company offers a 401k plan in your benefits package, you already know that those funds should be kept out of reach until participants reach age 59½. There are exceptions, however. Most 401k plans allow withdrawal before retirement age in cases of financial...
by JoAnn Cassell | Jun 30, 2020 | 401k Audit Time, Audit Procedures
If the word “audit” makes you cringe, you’re not alone. At their worst, audits can be a major pain. They can sap your time, energy, and resources. When our clients ask us how long a 401k audit will take, they’re usually afraid of the answer. But there’s good news. If...
by JoAnn Cassell | Apr 13, 2020 | Audit Procedures, Virtual Audits
Like everyone around the globe, Cassell Plan Audits is closely following the coronavirus pandemic. We’re abiding by the guidelines that our government leaders and health authorities have set, practicing social distancing and refraining from gathering in large groups...
by JoAnn Cassell | Mar 17, 2020 | Audit Procedures
While the term “audit” can strike fear into the hearts of even the most seasoned business professionals, the audit process for your company’s 401(k) plan doesn’t have to be an intimidating one. Any company-sponsored retirement plan with 100 or...
by JoAnn Cassell | Mar 6, 2020 | Audit Procedures
Your company has reached that “sweet spot”: you know your staffing volume has grown, and a benefit audit is imminent. Maybe you’re wondering if the accounting firm you’re with has the ability to manage this huge and important task. At Cassell Plan Audits, we partner...
