Description

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ 

“As the employer, you have a lot of say in what happens to your employees. You hold a lot of control over an individual, and now their retirement is entrusted in you.” - Kim Moore 

The finer details in this episode:

• The difference between the sponsor, trustee, and administrator
• What your responsibilities are if you are a plan sponsor, trustee, or administrator
• The different penalties or fines you could possibly face related to your 401k plan
• Areas of the 401k plan where you want to pay extra attention
• Options you have when you are facing fines

Episode resources

• Watch episodes of The 401(k) Audit CPA Success Show on YouTube.
• Learn more about the Anders 401(k) process and pricing.
• Email our Director + 401(k) Audit, Kim Moore, with questions.