401k Audits – Wilmington DE

Delaware ERISA Audits

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

Wilmington ERISA Audit Services

Our employee benefit 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.
Wilmington, DE

About Wilmington (DE)

Wilmington’s business landscape is characterized by a strong presence of financial services, legal firms, healthcare organizations, and technology companies. The city’s proximity to major metropolitan areas such as Philadelphia and New York City, along with its well-connected transportation infrastructure, makes it an attractive choice for businesses seeking accessibility and connectivity.

One of the key factors driving the success of the Wilmington business community is its supportive ecosystem. The city offers a range of resources and programs designed to foster entrepreneurship and business growth. Organizations like the Small Business Development Center, local chambers of commerce, and business incubators provide valuable support, mentorship, and networking opportunities for startups and small businesses.

The financial sector plays a significant role in Wilmington’s business community. The city is home to several major banks, including some of the nation’s largest financial institutions. This concentration of financial services companies has led to a strong presence of banking professionals, legal experts, and supporting industries, creating a thriving ecosystem for finance-related businesses.

Contact Our Delaware 401k Audit Team

JLK Rosenberger provides 401(k) plan and other benefit plan audits in Wilmington and across Delaware.  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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