401k Audits – Kansas City (KS)

Kansas ERISA Audits

401(k) plans have become one of the most popular retirement plan options offered by Kansas City and Kansas 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 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.

Kansas City 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.
Kansas City, KS

About Kansas City (KS)

One of the notable aspects of Kansas City’s business community is its strong support for entrepreneurship and startups. The city has a robust network of resources and organizations dedicated to nurturing new ventures. The Kauffman Foundation, one of the largest foundations focused on entrepreneurship, is headquartered in Kansas City and provides mentorship, education, and funding opportunities for aspiring entrepreneurs.

Kansas City has emerged as a hub for technology and innovation, with a growing number of startups and tech companies calling the city home. The presence of Google Fiber, an ultra-high-speed internet service, has further bolstered the city’s tech ecosystem. The Kansas City Startup Village and the Kansas City Tech Council play key roles in supporting tech startups and fostering collaboration within the industry.

The city’s diverse economy extends beyond technology. Kansas City has a strong presence in sectors such as healthcare, finance, manufacturing, logistics, and agriculture. The healthcare industry, in particular, is a significant contributor to the local economy, with world-class hospitals and research institutions driving innovation and attracting skilled professionals.

Contact Our Kansas 401k Audit Team

JLK Rosenberger provides 401(k) plan and other benefit plan audits in Kansas City and across Kansas.  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.