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/ 

“Getting that [third-party administrator] questionnaire turned around quickly is really important, as well as if the provider's asking you for some type of year-end payroll report, a census, those are terms we see a lot. That is going to get folded into the discrimination testing that your service provider's going to do, and that's very important that that gets done, that it's accurate and that it's timely.”

Topics discussed in this episode include:

• How auto-enrollment can drive high plan participation and lower your organization’s risk of failing discrimination testing
• What triggers the need for your first 401(k) audit and details to help you prepare
• Why “compliance calendars” are absolutely critical to run a plan as smoothly as possible despite how overwhelming it may initially feel

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.