Hawaii ERISA Audits
401(k) plans have become one of the most popular retirement plan options offered by Honolulu and Hawaii companies. To attract new talent and retain existing employees, it’s important to offer these plans as part of a comprehensive benefits package. Many face a challenge when the plan grows and meets the minimum requirement under a Department of Labor (DOL) ERISA Audit. Others that have been through a plan audit may have issues with their provider meeting deadlines, poor communication, or staff issues. To avoid these challenges, it’s important to work with a provider that has experience auditing 401(k) and other plans. 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 limited and full scope audits. We work with plans that are single or multiple employers and have experience serving plans with an 11K filing requirement. The firm provides audits for benefit plans with asset sizes ranging from $5M to $65M and a total participant count between 125 and 2000. This diverse level of experience allows our team to deliver an audit that extends beyond the basic audit checklist.
Honolulu ERISA Audit Services
Our 401(k) plan audit services include;
- Comprehensive audit services, including testing participant account balances to verify
their accuracy and completeness. - Form 5500 preparation and review.
- ERISA and DOL reporting requirements.
- Plan design options information and recommendations.
Honolulu, HI
About Honolulu (HI)
The tourism industry is a cornerstone of Honolulu’s business community. With its breathtaking beaches, warm climate, and rich cultural heritage, the city attracts millions of visitors each year. Hotels, resorts, restaurants, and retail establishments cater to the needs of tourists, creating employment opportunities and driving economic growth. The tourism sector also extends beyond traditional hospitality, with activities like eco-tourism and cultural tourism gaining popularity, showcasing the unique natural and cultural assets of the Hawaiian Islands.
Honolulu’s business community has increasingly embraced innovation and technology. The city has seen a rise in tech startups and companies, particularly in areas such as software development, data analytics, and renewable energy. Hawaii’s commitment to clean energy initiatives, including solar power and wind energy, has created opportunities for businesses to innovate and contribute to the state’s goal of achieving energy self-sufficiency.
The presence of military installations and defense-related industries also influences the business landscape in Honolulu. Pearl Harbor Naval Shipyard and Joint Base Pearl Harbor-Hickam contribute to the local economy and provide employment opportunities for many residents. Additionally, defense contractors and supporting industries have a significant presence in the city, contributing to its overall economic stability.
The tourism industry is a cornerstone of Honolulu’s business community. With its breathtaking beaches, warm climate, and rich cultural heritage, the city attracts millions of visitors each year. Hotels, resorts, restaurants, and retail establishments cater to the needs of tourists, creating employment opportunities and driving economic growth. The tourism sector also extends beyond traditional hospitality, with activities like eco-tourism and cultural tourism gaining popularity, showcasing the unique natural and cultural assets of the Hawaiian Islands.
Honolulu’s business community has increasingly embraced innovation and technology. The city has seen a rise in tech startups and companies, particularly in areas such as software development, data analytics, and renewable energy. Hawaii’s commitment to clean energy initiatives, including solar power and wind energy, has created opportunities for businesses to innovate and contribute to the state’s goal of achieving energy self-sufficiency.
The presence of military installations and defense-related industries also influences the business landscape in Honolulu. Pearl Harbor Naval Shipyard and Joint Base Pearl Harbor-Hickam contribute to the local economy and provide employment opportunities for many residents. Additionally, defense contractors and supporting industries have a significant presence in the city, contributing to its overall economic stability.
Contact Our Maryland 401k Audit Team
JLK Rosenberger provides 401(k) plan and other benefit plan audits in Honolulu and across Hawaii. If you are interested in learning how we can assist you, complete the form below and a team member will follow up with you promptly.