401k Plan Audits
Many Boise businesses and companies across Idaho offer a retirement plan to provide employees with an opportunity to build retirement savings over their careers. While an important benefit option and savings tool, there are several regulations from both the IRS and the Department of Labor (DOL) which must be followed. While compliance for small plans (less than 100 employees) is easier to navigate, large plans (more than 100 participants) face far more complex regulations. As outlined in the Employee Retirement Income Security Act (ERISA) large plan sponsors are required to undergo an annual plan audit. These audits provide assurance to plan management and participants about the financial condition of the plan.
Idaho 401(k) Plan Audit Experience
Keiter CPAs provides employee benefit plan audit services to businesses in Boise and across Idaho. We audit over 100 employee retirement plans of various sizes including those sponsored by publicly held companies. Our team has significant experience addressing the audit needs of defined benefit and defined contribution plans including 401(k) and 403(b) plans. Our services extend to both full-scope audits and the new ERISA Section 103(a)(3)(c) audit which replaces the limited scope audit type.
Boise ERISA Audit Services
- ERISA Section 103(a)(3)(c) & Full Scope Audits
- DOL Form 5500 Preparation
- Audits Requiring an SEC Form 11K Submission
- Defined Benefit & Defined Contribution Plans
- SAS 136 Compliance Including the New ERISA Section 103(a)(3)(c) Format
- Plan Mergers, Acquisitions & Spinoffs
- ERISA Compliance Issues
Map of Boise (ID) – 83702
About Boise (ID)
Boise, Idaho, boasts a dynamic and growing business community, characterized by a diverse range of industries. The city is a hub for technology and innovation, with a thriving tech sector supported by companies like Micron Technology and HP Inc. Boise is also known for its strong presence in the outdoor recreation, healthcare, and manufacturing sectors. The city’s lower cost of living and business-friendly environment have attracted entrepreneurs and small businesses, contributing to its vibrant startup scene. With a highly educated workforce, a solid infrastructure, and a strategic location, Boise has emerged as one of the fastest-growing business centers in the Western United States. The area codes used in Boise (ID) are 208 and 986.
