by cpaadmin | 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 cpaadmin | Aug 18, 2020 | Audit Deadlines, Audit Procedures
Fall is an especially busy time in the world of 401k plan administration. If you aren’t prepared for it, the sheer volume of work can take you by surprise. You’ll want to stay on top of several reporting requirements, tax forms, employee notices, and deadlines. Here...
by cpaadmin | 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 cpaadmin | May 26, 2020 | 401k Audit Firm, Audit Procedures
Auditing your company’s 401k plan can be a disruptive and lengthy process, taking up precious time and human resources. If handled badly, it can end up costing your organization thousands more than it should, not to mention the additional stress it puts on the team...
by cpaadmin | Apr 13, 2020 | Audit Procedures
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...