Category Archives: Pension Plan Audit Services

Retirement Plan Contribution Limits for 2022: 401(k) Limit Increases to $20,500

About this time every year, the IRS publishes the Retirement Plan Contribution Limits for 2022...

The IRS Has Announced the Deadline for Reinstatement of Defined Contribution Plans

Lots to Know. Lots to Do. You have until July 31, 2022, to restate pre-approved...

Does Your 401(k) Plan Need an Audit? A Closer Look at the 80-120 Rule

Generally speaking, 401(k) plans with fewer than 100 participants at the beginning of the plan...

How to Select the Right 401(k) Plan Auditor for Your Company … and why you need one

What is the purpose of a 401(k) plan? A 401(k) plan is designed to guard...

CalSavers: Mandatory Retirement Savings Plans in California

Starts June 2020 for Companies with > 100 Employees CalSavers is a mandatory retirement savings...

What are My Tax Consequences if I Take a Hardship Distribution from My 401(k) Plan?

Need to take a hardship distribution? In the Bipartisan Budget Act (“Act”) passed in February...

IRS Announces 2018 Retirement Plan Contribution Limits

On October 19th the Internal Revenue Service (IRS) announced IRS 2018 Adjusted Retirement plan contribution limits...

Maria Arriola discusses the benefits of a financial statement review or audit

An audited financial statement is a financial statement that has been prepared in accordance with...

Your Fiduciary Responsibility for Your 401(k)

Since your 401(k) audit is over, it is now time to forget about your plan...

The Importance of a Quality Benefit Plan Audit: Choosing a Qualified CPA Firm

A few weeks ago the Department of Labor (DOL) sent a letter to Plan Sponsors...

Tips to Review Your 401K Retirement Plan at Year End

As the end of the year is fast approaching it is a good time for...

LSL Partner Maria Arriola Describes Pension Plan Audits In The Orange County Business Journal

In the Orange County Business Journal, LSL CPAs shareholder Maria Arriola has published a well-received...

Changes in Fee Disclosure Reporting for Employer Sponsored 401(k) Plans

The Department of Labor (DOL) has provided more guidance for employer sponsored 401(k) participant fee...

Fiduciary Responsibilities of Offering a 401 (k) Plan

Many companies offer their employees 401(k) Retirement Plans. What these companies do not realize is...

ERISA Requirements for Plan Fiduciaries

Does your Company sponsor a 401K plan? If the answer is yes, then you may...