Another 401(k) audit season, another round of the same mistakes popping up. ?? After completing dozens of audits last year, we repeatedly saw three common errors—across industries, company sizes, and experience levels. And two of them? They were also on last year’s list. Are you making one of these mistakes? Before your next audit rolls around, check out our latest breakdown of the top three 401(k) plan errors in 2024 (and how to avoid them). ?? Read more: ?https://lnkd.in/gV4qTNXc ? #401KPlan #401kAudit #ComplianceMatters #PlanSponsors #EmployeeBenefits
关于我们
Cassell Plan Audits is a certified public accounting and business advisory firm founded by a former national accounting firm professional. It is a boutique firm specializing in employee benefit plans. Its goal is to attract and maintain clients by providing exemplary service without the high overhead and turnover of a large firm. Audit services include a wide range of plans including: ? 401(k) and profit sharing plans ? Defined benefit plans ? Money purchase plans ? 403(b) plans ? Employee stock option plans (ESOPs) Services are geared to both plan sponsors and to public accounting firms that might need technical employee benefit plan resources. Plan sponsors: ? Benefit plan audit services ? Audit support ? Compliance audits Public accounting firms: ? Contracted specialists to assist you with your audit engagements ? Quality control reviews ? Re-engineering sessions ? Training ? Technical assistance As the firm’s focus is solely on benefit plan audits and related services, we apply efficiencies that streamline our audits to make them both affordable and minimally disruptive to your operations. If you have experienced frustrations with audits that seem to go on for months and requests from your auditor continuing weeks after they visited your office, then we would like the opportunity to speak with you and to show you our approach so that you may see the typical progression and request lists you would encounter during our audit.
- 网站
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https://www.cassellplanaudits.com
Cassell Plan Audits的外部链接
- 所属行业
- 会计
- 规模
- 2-10 人
- 总部
- Saint Charles，IL
- 类型
- 私人持股
- 创立
- 2013
- 领域
- 401(k)、Profit Sharing Plans、Defined Benefit Plans、Money Purchase Plans、403(b) Plans、Employee Stock Ownership Plans (ESOPs)、Audit Engagements、Quality Control Reviews、Re-engineering Sessions、Technical Assistance / Training和Compliance Audits
地点
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主要
获取路线
US，IL，Saint Charles，60174
Cassell Plan Audits员工
动态
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?? Attention Employers: Are your digitally signed I-9s putting you at risk? Many businesses are going paperless, but if you’re not retaining identity verification records for electronically signed Form I-9s, you could be out of compliance with federal regulations. Find out what you need to do to stay compliant and avoid penalties. Read more here:? https://lnkd.in/gCqt9mBW #HRCompliance #Payroll #I9Forms #DigitalDocumentation #401kPlan #401kAudit
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As a 401(k) plan sponsor, ensuring effective control over outsourced services is crucial. SOC reports are your best ally in assessing service providers' internal controls and identifying potential risks. Learn how to leverage SOC reports to fulfill your fiduciary duties and protect your plan participants: https://lnkd.in/gT-e9BQU ? #401KPlan #401KAudit #401KCompliance #401k #RiskManagement #FiduciaryDuty #SOCReports
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The end of the year is approaching fast! Are your 401(k) plan amendments and year-end transactions ready? The deadline for completing certain tasks is December 31st. Missing this could lead to compliance issues and penalties. Make sure you’re prepared. Our latest article breaks down what you need to do to stay on track:? https://lnkd.in/gkrQxrhP . #401KPlan #401KAudit #401k #RetirementPlanning #Compliance #YearEnd?
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Is your 401(k) plan ready for December 2nd? With the year-end fast approaching, it's crucial to prepare your annual 401(k) participant notices. Missing this deadline can result in compliance issues and penalties. Learn what notices you need to send out and ensure your plan stays compliant. Don’t let this crucial task slip through the cracks! Read more here? https://lnkd.in/gKwgPSfx #401KPlan #401KAudit #401k #RetirementPlanning #Compliance #HR?
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Ensuring timely deposits of 401(k) plan participant contributions isn't just about ticking boxes—it's about protecting your plan, its participants, and your bottom line! Learn how to set clear rules and avoid the headache of late deposits. ?https://lnkd.in/gWky8zNm ? #401KPlan #401KAudit #401KCompliance #ParticipantContributions?
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Did you know that missing your 401(k) audit deadline could lead to hefty fines and penalties? It’s not a risk you want to take. Don’t let procrastination cost you! Read about the consequences of tardy filings and how to stay on track: https://lnkd.in/ggGCnUq6 #401KPlan #401KAudit #401KCompliance #AuditDeadline #FinancialCompliance
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Do you know how the IRS and DOL define “participants” in your 401(k) plan? Hint: It's more than just the employees actively contributing. Understanding this can impact your plan’s classification—and potential audit requirements. Learn about the three main categories of participants to check and why it matters: https://lnkd.in/dBEaWwhZ #401KPlan #401KAudit #401KCompliance #RetirementPlanning #401k #HRCompliance