by Amy Sac | Apr 14, 2026 | 401kCPAs News, Uncategorized
If your company offers a 401(k), 403(b), or other employee benefit plan, there’s a point where compliance stops being optional—and an audit becomes mandatory. Yet most plan sponsors don’t fully understand what an employee benefit plan (EBP) audit involves, when it’s...
by Amy Sac | Aug 2, 2024 | 401kCPAs News
Submitting an employee retirement plan audit, specifically a 401(k) audit, before the October 15 deadline is essential for ensuring compliance and avoiding severe penalties. The 401(k) audit is a critical review process that evaluates the financial statements and...
by Amy Sac | Jun 26, 2024 | 401kCPAs News
In 2023, the Employee Benefits Security Administration made a startling revelation: a staggering 30% of annual audits of employee benefit plan financial statements fell short, with major deficiencies in meeting key requirements. Why does this matter? For plan...