Retirement Plan Audits
Many Denver and companies across Colorado 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.
Colorado 401(k) Plan Audit Experience
Keiter CPAs provides employee benefit plan audit services to businesses in Denver and companies across Colorado. 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.
Denver ERISA Audit Services
- Limited & 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
About Denver CO
Denver is sometimes called the “Mile High City” because it sits at an elevation of one mile above sea level. The city is known for its excellent outdoor recreation opportunities, including skiing, hiking, and mountain biking in the nearby Rocky Mountains. The city is also home to many parks and green spaces, including the popular Washington Park and Cheesman Park.
Denver is home to many cultural attractions, including museums, theaters, and music venues. The Denver Art Museum and the Museum of Nature and Science are popular destinations for art and science lovers, while the Red Rocks Amphitheatre is a world-famous outdoor concert venue.