ERISA Audits – Seattle (WA)
Many Seattle and Washington businesses 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.
Seattle 401(k) Plan Audit Experience
Keiter CPAs provides employee benefit plan audit services to businesses in Seattle and across Washington. 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.
Seattle 401k 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 Seattle (WA) – 98121
About Seattle (WA)
Seattle, Washington, is a major business hub known for its thriving technology, aerospace, healthcare, and retail industries. The city is home to global giants like Amazon and Microsoft, which have fueled its growth as a tech and innovation center, attracting startups and technology firms in fields such as cloud computing, software development, and artificial intelligence. Aerospace is another cornerstone of Seattle’s economy, with Boeing playing a leading role in the industry. The healthcare sector is robust, with institutions like the University of Washington Medical Center and the Fred Hutchinson Cancer Research Center driving advancements in medical research and services. Additionally, Seattle’s retail sector is strong, with companies like Starbucks and REI headquartered there, further contributing to the city’s diverse economy. Seattle’s business community is supported by a highly educated workforce, a strong entrepreneurial culture, and a strategic location that facilitates global trade and commerce. The area code used in Seattle (WA) is 206.