Mississippi ERISA Audits
401(k) plans have become one of the most popular retirement plan options offered by Jackson and Mississippi 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 50 benefit plans, including 401(k), defined benefit plans, ESOP’s including ERISA Sec.103(a)(3)(C) 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.
Jackson 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.
About Jackson (MS)
Jackson’s business landscape is characterized by a mix of traditional sectors and emerging industries. Historically, the city has been a center for industries such as agriculture, manufacturing, and healthcare. The region’s fertile soil and favorable climate make it an ideal location for agricultural production, including crops like cotton, soybeans, and corn. Manufacturing facilities in Jackson produce a variety of goods, including automobiles, consumer products, and industrial equipment. Additionally, the city is home to reputable healthcare organizations and medical facilities, serving as a regional hub for medical services.
In recent years, Jackson’s business community has shown a growing interest in embracing innovation and entrepreneurship. The city has seen an increase in startups and technology-based companies, particularly in sectors such as software development, digital marketing, and healthcare technology. Organizations and initiatives that support entrepreneurship, like local incubators and accelerators, provide resources, mentorship, and networking opportunities for aspiring business owners.
The city of Jackson recognizes the importance of collaboration and partnerships to drive economic growth. Organizations like the Greater Jackson Chamber Partnership actively promote networking events, business seminars, and initiatives that encourage collaboration among businesses. These efforts help foster a supportive environment for businesses to thrive and contribute to the overall economic development of the city.
Contact Our Jackson 401k Audit Team
JLK Rosenberger provides 401(k) plan and other benefit plan audits in Jackson and across Mississippi 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.