401k Audits – Wichita (KS)

Kansas ERISA Audits

401(k) plans have become one of the most popular retirement plan options offered by Wichita and Kansas companies. To attract new talent and retain existing employees, offering these plans as part of a comprehensive benefits package is important. Many face challenges when the plan grows and meets the minimum requirement under a Department of Labor (DOL) ERISA Audit. Others who have been through a plan audit may have issues with their provider meeting deadlines, poor communication, or staff issues. To avoid these challenges, working with a provider with experience auditing 401(k) and other plans is important. 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 section 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.

Wichita 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.
Map of Wichita (KS)

About Wichita (KS)

At the core of Wichita’s business community is the aviation industry. The city boasts a long-standing tradition of aircraft manufacturing, with major companies like Textron Aviation, Spirit AeroSystems, and Bombardier Learjet having a significant presence in the region. Wichita’s skilled workforce, strong engineering talent pool, and collaborative partnerships with educational institutions have solidified its status as a global leader in aerospace innovation.

In addition to aviation, Wichita has seen growth in other sectors such as advanced manufacturing, healthcare, technology, and agriculture. The city is home to numerous advanced manufacturing facilities that produce a wide range of products, including machinery, automobiles, and consumer goods. Wichita’s central location and transportation infrastructure make it an ideal distribution and logistics hub for companies operating in the Midwest.

The business community in Wichita thrives on collaboration and support. Organizations like the Wichita Regional Chamber of Commerce and Wichita State University’s Center for Entrepreneurship foster an entrepreneurial spirit and provide resources, networking opportunities, and mentorship programs for startups and small businesses. The city’s strong sense of community and willingness to collaborate contribute to a supportive environment for business growth and success.

Contact Our Kansas 401k Audit Team

JLK Rosenberger provides 401(k) plan and other benefit plan audits in Wichita 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.

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