401(k) audits can be time-consuming and stressful for the plan sponsor. In this video we will provide you with some helpful tips on how to make your annual audit process go as smoothly as possible.

Key items the auditor will request include: the basic plan document, the plan’s adoption agreement, and the plan’s service agreements.

Other items that will likely be requested by the plan auditor include:

– participant I-9 forms
– payroll records
– salary or wage agreements
– retirement committee meeting minutes
– plan’s fidelity bond