Retirement Plan Audits

Many Minneapolis businesses and companies across Minnesota 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.

Minnesota 401(k) Plan Audit Experience

Keiter CPAs provides employee benefit plan audit services to businesses in Minneapolis and across Minnesota. 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.

Minneapolis 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

Minneapolis, MN


About Minneapolis, MN

Minneapolis is home to many cultural attractions, including the Walker Art Center, the Minneapolis Institute of Art, and the historic Guthrie Theater. The city is also known for its music scene, with many famous musicians and bands hailing from Minneapolis, including Prince and The Replacements.

The city is surrounded by several lakes, including Lake Harriet, Lake Calhoun, and Lake of the Isles, which offer opportunities for boating, fishing, and scenic walks. The Minneapolis Park and Recreation Board oversees over 6,800 acres of parkland within the city, making it one of the most park-rich cities in the country.

Contact our Minnesota ERISA Audit Team

Keiter CPAs provides ERISA and DOL audits for plan sponsors located in Minneapolis and across Minnesota. If you have questions about our services or would like to obtain a quote to conduct your next plan audit, complete the form below and a team member will reach out shortly.

Keiter’s Plan Audit services often result in the highest value when combined with other complex services. This permits us to fulfill our role as Opportunity Advisors.

Oregon ERISA DOL Audits


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