401k Audits – Lexington (KY)

Kentucky ERISA Audits

401(k) plans have become one of the most popular retirement plan options offered by Lexington and Kentucky 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, ESOPs 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.

Lexington 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.
Lexington, KY

About Lexington (KY)

The equine industry plays a significant role in Lexington’s business community. The city is home to numerous world-renowned horse farms, equestrian centers, and equine-related businesses. The breeding, training, and racing of thoroughbred horses have created a specialized niche, attracting professionals, investors, and enthusiasts from around the world. This industry not only generates substantial revenue but also fosters a sense of community and pride among the residents.

Beyond the equine sector, Lexington has a diverse range of industries that contribute to its economic vitality. The city boasts a robust healthcare sector with renowned hospitals, medical research facilities, and healthcare technology companies. Lexington is also a center for advanced manufacturing, with companies specializing in automotive parts, aerospace components, and pharmaceuticals.

Contact Our Kentucky 401k Audit Team

JLK Rosenberger provides 401(k) plan and other benefit plan audits in Lexington and across Kentucky.  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.