Retirement Plan Audits
Many Indianapolis and Indiana companies 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.
Indiana 401(k) Plan Audit Experience
Keiter CPAs provides employee benefit plan audit services to businesses in Indianapolis and across the State of Indiana. 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.
Indianapolis 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
Map of Indianapolis (IN) – 46202
About Indianapolis (IN)
Indianapolis, Indiana, has a thriving and diverse business community that spans several key industries, including manufacturing, healthcare, technology, and logistics. As the state capital, the city benefits from a strong infrastructure, strategic location, and access to national and global markets. Indianapolis is home to major companies in sectors like pharmaceuticals, with Eli Lilly and Co. being one of the city’s largest employers, as well as a growing tech scene fueled by startups and innovation hubs. The city’s robust transportation network, including a major airport and proximity to key highways, makes it a hub for logistics and distribution. Healthcare also plays a central role in the local economy, with large healthcare systems such as IU Health and Ascension St. Vincent offering significant employment and fostering growth in the medical field. The business environment in Indianapolis is marked by its strong support for entrepreneurship, affordability, and a skilled workforce, making it an attractive location for businesses and industries across various sectors. The area code used in Indianapolis (IN) is 317.
