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BusinessHub

SWBC's BusinessHub blog is a one-stop resource for business owners and company decision makers.

 

Recent Posts

5500 Extension Filing Deadline Fast Approaching

If you've been following my last few posts about preparing for a401(k) plan audit, then you know that it's 401(k) plan review season for businesses. If your 401(k) plan year end is December 31 and if you or your recordkeeper filed a 5500 extension, that extension deadline is October 16, 2017, which is quickly approaching.

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How to Prepare for an Auditor On-Site Visit (Yes, They Really Do Visit)

In my previous article “Preparing for a 401(k) Audit. Yes, they really do exist,” we confirmed that the word “audit” already tends to send chills down the spine and upset the stomach. But if that wasn't bad enough, an auditor will more than likely also schedule an on-site visit to help gather data directly from the Plan contact for the audit. Here are some additional tips that can help you ensure a smooth on-site visit.

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Preparing for a 401(k) Audit: Yes, They Really Do Exist

As a business owner, the word ‘audit’ tends to send chills down the spine and upset the stomach. But did you know that if your company offers a retirement plan to your employees your Plan Sponsor—party designated to administer a retirement plan, usually a company—should be conducting a plan audit?

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