New Mexico ERISA Audits
401(k) plans have become one of the most popular retirement plan options offered by Albuquerque, Las Cruces, 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.
Albuquerque 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.
About Albuquerque, NM
The city is home to several major universities, including the University of New Mexico and the Central New Mexico Community College, and is a center for healthcare, technology, and research industries. Albuquerque is also known for its artistic community, with several museums, galleries, and performance venues showcasing the work of local artists.
One of Albuquerque’s most popular attractions is the Albuquerque International Balloon Fiesta, a nine-day event that draws hundreds of hot air balloons and thousands of visitors from around the world each year. The city is also home to several other cultural events, including the National Fiery Foods and Barbecue Show and the New Mexico State Fair.
Contact Our New Mexico 401k Audit Team
JLK Rosenberger provides 401(k) plan and other benefit plan audits in Albuquerque, Las Cruces, and New Mexico 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.