We created Autire in response to the overwhelming burden of 401(k) compliance placed on business owners. Most of our clients don’t have the sophistication built into their human resource departments to handle ERISA complexity, or the free time to respond to a long list of audit requests.
As auditors of 401(k) plans, we used to exacerbate the problem by constantly interrupting them and taking their focus away from their daily workflow. The only thing they got in return was a large audit bill and the ability to meet the 5500 filing deadline. We knew there had to be a better way, so we created Autire.
401(k) Audits take too long
Auditors constantly interrupt the critical workflow of the business
Auditors camp out in conference rooms for days on end
Inconsistency of the Audit team means having to explain things over and over
401(k) Audits are expensive