Strengthening Internal Controls for Employee Benefit Plan Compliance

Managing a 401(k) plan requires diligent oversight to ensure compliance and accuracy. In this case study, Meaden & Moore collaborated with a plan sponsor to conduct a comprehensive audit, uncovering and correcting significant compliance issues, including:

• Resolving compensation definition errors to ensure accurate contributions for employees
• Implementing timely remittance of contributions to meet IRS and DOL guidelines
• Strengthening internal control structures to prevent future errors and enhance plan security

These adjustments fortified compliance and safeguarded the financial interests of plan participants. Download our full case study to learn how these targeted actions optimized the 401(k) plan’s compliance and strengthened its framework. Fill out the form to access this valuable resource today.