401(k) Audits – Mandatory Filing for Benefit Plans
An annual filing of form 5500 is mandatory for retirement, health, and welfare benefit plans. Plans with over 100 participants at the beginning of the plan year are considered to be a “large plan.” An additional form, Schedule H, must be included when filing large plans, and an audit of the plan must be performed. Certain companies may be exempt from this requirement under the 80 – 120... Read More