Michigan 401k Audits
401(k) plans have become one of the most popular retirement plan options offered by Detroit and Michigan 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.
Detroit ERISA Audit Experience
JLK Rosenberger remotely provides plan audits to over 50 benefit plans, including 401(k), defined benefit plans, ESOP’s includingERISA 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.
Detroit 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.
Detroit, MI
About Detroit (MI)
The city is home to several major automotive companies, including General Motors, Ford, and Chrysler. It is also known for its contributions to music, particularly in the genres of Motown and techno. The Motown Museum, located in the city, celebrates the legacy of Motown Records and the artists who recorded there. Detroit has several cultural attractions, including the Detroit Institute of Arts, the Charles H. Wright Museum of African American History, and the Museum of Contemporary Art Detroit. The city is also home to several professional sports teams, including the Detroit Tigers, the Detroit Lions, and the Detroit Pistons.
Contact Our Detroit 401k Audit Team
JLK Rosenberger provides 401(k) plan and other benefit plan audits in Detroit and Michigan companies. 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.