by Elizabeth Peichel | Mar 17, 2024 | 401kCPAs News
Conducting an annual 401(k) audit is crucial for the majority of large and mid-sized companies. While not every business is required to perform an annual audit, the United States government has established strict criteria about which businesses do and don’t need...
by Amy Sac | Feb 26, 2024 | 401kCPAs News
If your business has a 401(k) plan with 100 or more account balances at the beginning of a plan year, you are required to perform a 401(k) audit. The audit report must be finished and filed with the IRS by July 31. In other words, the clock is ticking! Looking for an...
by Amy Sac | Feb 7, 2024 | 401kCPAs News
In 2023, PriceKubecka performed over 400 401(k) audits. And when it comes to plan errors, we’ve seen it all! After late deposits, the most common error we saw was eligible compensation exclusions or inclusions. Unlike late deposits, eligible compensation errors aren’t...
by Amy Sac | Jan 22, 2024 | 401kCPAs News
Hopefully, like us, you’ve had a few minutes to recover from last year’s October 15 401(k) audit deadline. Now it’s time to look back on how the audit process went for you. What went right or wrong? What can be done to ensure a better audit experience next year? ...
