What CFOs Should Know About Retirement Plan Audits

“A finance chief may focus on a plan’s costs, but there are other elements to consider when assessing overall plan value. Audits can help reveal that value.”

In an article posted on CFO.com in July, the author discusses specific reasons why audits are essential when it comes to maintaining an effective 401(k) savings program for employees. Systematic audits of the plan avoid penalties, mitigate risk, as well as evaluate plan health and maximize value.

Check out the full article, “What CFOs Should Know About Retirement Plan Audits” .

McKonly & Asbury’s Employee Benefit Plan team is aware of the challenges that employee benefit plans present to employers and we have a team of professionals that possess the experience and expertise to assist you with compliance, reporting requirements, and regulations that can impact your employee benefit plan. To learn more, visit macpas.com/ebp or contact us.