401(k)CPAs.com Takes the Pain of the 401(k) Audit Completely Away
If you’re a company of 100+ employees, you know that the federal government requires a 401(k) audit annually. And for so many business owners, the endless options in selecting the right auditor are vast and the process of the audit itself can feel overwhelming and cumbersome. Not to mention the stress of trusting it to be done right in order to remain compliant with the IRS and Department of Labor. At PriceKubecka - 401(k) CPAs, we understand these feelings of uncertainty and want to put you at ease. What you see is what you get with us, so here is a snapshot of what it looks like when we perform your 401(k) audit.
We don’t camp out at your office, digging through piles of paperwork, interrupting your workday with questions. We’ve created a proprietary auditing technology that streamlines the entire audit process and eliminates the need for auditors to be on-site. By using our custom-built remote auditing technology, our CPAs can deliver a higher quality audit at a lower cost. Don’t worry, we are still involved in the process and not only tailor your audit to your business but to your individual 401(k) plan as well. We just need 60 minutes of your time to understand the specifics of your plan and after that, our technology starts the audit and runs in the background. You are kept updated on our progress every step of the way.
With many people working remotely, businesses are looking for ways to reduce costs. 401(k) audits are non-negotiable and...not cheap. The good news is that our primary goal is reducing the burden of a 401(k) audit for our clients. You don’t pay us to come to your office along with the associated out-of-pocket travel expenses. Our base fee for the audited financial statement is $7,000. The industry average cost of a 401(k) audit can cost you upwards of $10k. Click here to learn more about our cost benefits.
For over 20 years, we’ve served small to enterprise-sized businesses across many industries nationwide, and all our supervisors have over 30 years combined years of experience auditing 401(k) plans. You can trust us. Our team of certified CPAs whom all hold the AICPA’s specialized “Advanced Defined Contribution Plan Audit” credential, are at your service to walk you through how we take a complicated process and make it easy so that you can get back to doing your job. Our auditors are trained and knowledgeable in the unique aspects of employee benefit plans. They aren’t interns and they aren’t an automated help desk on the other end of the line, we are a team of easily accessible professionals whose job it is to ensure your 401(k) audit is done well, on time and in a way that is not burdensome to you.
Did you know that we will reduce the total hours to complete an audit by 50%? How do we accomplish this? Because we mitigate the need for manual calculations or disjointed data requests. Our CPAs will prepare your audit in a matter of hours rather than weeks. That’s huge! Also, you can start the audit at any time of the year. 401(k) audits will cost you time and money if you don’t file Form 5500 along with your completed audit by the July 31st deadline. Ultimately, our auditing technology creates a consistent, repeatable process tailored to your company’s individual needs without disrupting your business. Click here to read more about this innovative, easy process.