Corporate 401(k) and Other Employee Benefit Plan Compliance
A quality audit performed by an independent public accounting firm helps ensure the financial integrity of an employee benefit plan and protects plan assets. A sound audit helps the plan sponsor carry out its fiduciary responsibility to file a complete and accurate annual Form 5500 return for the plan.
415 Group offers a dedicated team of audit and assurance professionals with the technical expertise and years of experience needed to audit your employee benefit plan, including corporate 401(k) plans and other defined contribution plans.
Our team is thoroughly trained, up-to-date and knowledgeable on the legislative and regulatory developments affecting these plans. We stay abreast of the latest developments from governing agencies, including the Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation. We are also well-versed on the regulatory and reporting requirements established by the American Institute of Certified Public Accountants and Financial Accounting Standards Board.
Our team brings specialized expertise and broad experience auditing employee benefit plans of all sizes sponsored by private companies, including:
- Defined Contribution Plans
- 401(k) plans
- 403(b) plans
- Profit sharing plans
- Employee stock ownership plans
- Defined benefit pension plans
- Health and welfare plans
In addition to the audit itself, our team has an in-depth knowledge of plan operations, including the expansive qualification requirements of the IRS and the reporting and fiduciary requirements set forth under ERISA. Plan sponsors have fiduciary responsibility to select qualified and competent benefits professionals. You can be confident that our technical knowledge and experience with audits of employee benefit plans and corporate 401(k) plans is at the highest level.