Is Your Company’s 401(k) Plan in Compliance?

The fast pace of business sometimes takes eyes off our employee’s benefits. Make sure that your organization’s 401(k) plan is in compliance. Here’s a quick primer on the subject. When does a 401(k) plan require an annual audit? Federal law requires the annual audit of a defined benefit or defined contribution plan, such as a 401(k) plan, once the plan’s total number of eligible participants reaches 100. Who is considered an eligible participant in your 401(k) plan? An employee is

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