If your 401(k) plan has 100 or more eligible participants, federal regulations may require an annual audit as part of your Form 5500 filing.
These audits are critical—not just for compliance with the Employee Retirement Income Security Act (ERISA)—but also for ensuring that your plan is operating efficiently, securely, and in the best interests of participants.
At Waypoint Partners, PLLC, we understand the complexities of retirement plan audits and the fiduciary responsibilities that come with them. Our experienced team conducts thorough audits that not only meet Department of Labor (DOL) and IRS requirements but also provide valuable insights into your plan’s processes and controls.
401(k) Audit Services Include:
- Full- and limited-scope 401(k) audits
- Internal control evaluations and recommendations
- Contribution and participant data reconciliation
- Form 5500 coordination and filing support
- DOL and IRS audit preparation and assistance
- Fraud risk assessment and safeguard evaluation
- Guidance on audit readiness and year-round compliance
Confidence in Compliance. Clarity in Reporting.
We’ve helped plan sponsors navigate the audit process with accuracy, efficiency, and peace of mind. Our goal is to make your 401(k) plan audit as smooth and value-driven as possible—so you can focus on delivering great retirement benefits to your employees.
Interested in learning more about our 401(k) plan audit services? Just fill out the contact form below—we’re here to help.
