401k Audits – Bangor (ME)

Maine ERISA Audits

401(k) plans have become one of the most popular retirement plan options offered by Bangor and Maine companies. To attract new talent and retain existing employees, offering these plans as part of a comprehensive benefits package is important. Many face challenges when the plan grows and meets the minimum requirement under a Department of Labor (DOL) ERISA Audit. Others who have been through a plan audit may have issues with their provider meeting deadlines, poor communication, or staff issues. To avoid these challenges, working with a provider with experience auditing 401(k) and other plans is important. This allows them to deliver value beyond the traditional audit through insights and best practices.

ERISA Audit Experience

JLK Rosenberger provides plan audits to over 40 benefit plans, including 401(k), defined benefit plans, ESOP’s including full scope and ERISA Sec.103(a)(3)(C) audits. We work with plans that are single or multiple employers and have experience serving plans with an 11K filing requirement. The firm audits benefit plans with asset sizes ranging from $5M to $65M and a total participant count between 125 and 2000. This diverse experience allows our team to deliver an audit that extends beyond the basic audit checklist.

Bangor ERISA Audit Services

Our employee benefit plan audit services include:

  • Comprehensive audit services, including testing participant account balances to verify accuracy and completeness.
  • Form 5500 preparation and review.
  • ERISA and DOL reporting requirements.
  • Plan design options information and recommendations.
Map of Bangor (ME)

About Bangor (ME)

The Bangor business community encompasses diverse industries, including healthcare, education, tourism, retail, manufacturing, and technology. From small family-owned businesses to large corporations, each entity contributes to the region’s overall economic vitality. The community embraces innovation and collaboration, driving the city’s economic progress.

Collaboration and networking are central to the Bangor Business Community. Business owners and professionals actively engage in regular networking events, workshops, and conferences to foster connections, share knowledge, and explore potential partnerships. This collaborative spirit creates an environment that encourages growth, innovation, and exchanging ideas.

The Bangor Business Community is supported by various organizations and resources dedicated to its success. The Bangor Region Chamber of Commerce serves as a hub for businesses, providing advocacy, support, and networking opportunities. Additionally, economic development agencies and local government entities work hand in hand with companies to attract investment, stimulate economic activity, and create a favorable business climate.

Contact Our Maine 401k Audit Team

JLK Rosenberger provides 401(k) plan and other benefit plan audits in Bangor and across Maine. If you are interested in learning how we can assist you, complete the form below, and a team member will contact you promptly.