Blog

Get the Latest News and Information about 401(k) Audits

When is My Company Required to Perform a 401k Audit?

When is My Company Required to Perform a 401k Audit?

An annual 401(k) audit is an essential task for most large and mid-sized businesses. But not every company is obligated to conduct an annual audit. Understand the requirements and guidelines of a 401k audit to ensure compliance with IRS regulations.

read more
Common 401k Plan Errors and how to Avoid Them – Late Deposits

Common 401k Plan Errors and how to Avoid Them – Late Deposits

As it relates to large 401(k) plans (100+ active participants), the Department of Labor and IRS are strict about how long it should take your company to deposit an employee’s withholding into their 401(k) account. PriceKubecka performed over 400 audits in 2023 and the most common error we saw was a failure to remit deposits in a timely manner.

read more
Your Company Needs a 401(k) Audit – What Now?

Your Company Needs a 401(k) Audit – What Now?

The first time your 401(k) plan is audited can be difficult, confusing, and time-consuming. However, this quick guide should relieve some of the stress. You may feel like the 401(k) audit is being forced on you, and you’d be right. The Department of Labor (DOL) requires that a plan be audited when it has more…

read more
Five Reasons Your HR Department Should Start Your 401(k) Audit Now

Five Reasons Your HR Department Should Start Your 401(k) Audit Now

The coronavirus pandemic may have changed the course of history, but it hasn’t stopped the federal government from enforcing certain requirements designed to protect employee interests. We understand that HR departments already have a ton of their plate managing layoffs, furloughs, re-hires, and everything in between, but you don’t want this public health crisis to cost you more than it already has.

read more
What Your 401(k) Audit Will Cost You

What Your 401(k) Audit Will Cost You

The 401(k) audit is required by law for any business that has over 100 eligible employees. The federal government did not postpone the filing deadline as part of its COVID relief efforts, and so, this is one requirement that you cannot skirt.

read more
When Is A 401(k) Audit Required?

When Is A 401(k) Audit Required?

An annual 401(k) audit is an essential task for large and mid-sized businesses. Not every company is obligated to conduct an annual audit, but the United States government has set strict rules about which businesses do and don’t need one. You should understand what the 401(k) audit requirements are so that you can follow the proper guidelines for your business.

read more
401k Audit Deadline: Consequences For Being Late

401k Audit Deadline: Consequences For Being Late

A 401(k) audit is just one of many recurring tasks you have to think about as a business owner, and it’s easy to let it slip your mind if you’re worried about all of your other obligations. The consequences of missing the deadline can be severe, though, so it’s important that you submit all the necessary documentation on time.

read more

Let’s Get Started

Start Your 401(k) Audit Today!

Don’t wait for the deadline.