New Mexico ERISA Audits
401(k) plans have become one of the most popular retirement plan options offered by Santa Fe and New Mexico 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.
Santa Fe 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.
Santa Fe, NM
About Santa Fe (NM)
Santa Fe is known for its unique architectural style, which is characterized by adobe buildings and a blend of Native American, Spanish, and Mexican influences. The city is home to many art galleries, museums, and cultural events, including the Santa Fe Opera and the Santa Fe Indian Market, which is the largest Native American arts market in the world.
The city is situated at an elevation of over 7,000 feet above sea level, and is surrounded by the Sangre de Cristo Mountains, making it a popular destination for outdoor recreation. Some of the most popular outdoor activities in Santa Fe include hiking, skiing, and mountain biking.
Contact Our New Mexico 401k Audit Team
JLK Rosenberger provides 401(k) plan and other benefit plan audits in Santa Fe and across New Mexico. 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.