401k Plan Audits – Washington D.C.
Many Washington D.C. 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.
Washington DC 401(k) Plan Audit Experience
Keiter CPAs provides employee benefit plan audit services to businesses in Washington D.C. 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.
Washington D.C. 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 Washington D.C. – 20001
About Washington D.C.
Washington, D.C., is home to a diverse and dynamic business community, driven by its status as the nation’s capital and its unique position at the intersection of government, private enterprise, and international relations. The city’s economy is heavily influenced by the federal government, which is the largest employer, providing significant opportunities in public administration, lobbying, and policy research. Many firms in Washington focus on government contracting, offering services ranging from IT solutions and defense to consulting and legal services. Large corporations often set up operations in D.C. to access government contracts, and the city’s proximity to decision-makers provides a distinct advantage for businesses that interact with federal agencies. The area codes used in Washington D.C. are 202 and 771.
