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Retirement Plan Audit Risks: Identifying Plan Errors and Remedying Noncompliance

Preparing 401(k), 403(b) and Retirement Plans for Audit

Recording of a 110-minute CPE webinar with Q&A

This program is included with the Strafford CPE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Tuesday, May 7, 2019

Recorded event now available

or call 1-800-926-7926

This course will apprise auditors and plan sponsors of the potential audit risks relating to their 401(k) and retirement plans and address how to bring these plans into compliance. The panel will identify common plan deficiencies, corrective actions and insights into avoiding plan audits.


The IRS and DOL continually scrutinize retirement plans and, more frequently than not, find noncompliance issues resulting in substantial penalties for employers.

The DOL has focused, and continues to focus, on timely deposits of employee deferral contributions--so much so, that some employers deposit the deferral contributions before paychecks are issued.

Compliance risks are numerous and include failure to properly notify and pay terminated employees, not updating plans to the latest ERISA requirements, and using improper amounts to determine employee compensation. In addition to the costs of bringing a plan into compliance and penalties charged, additional sanctions could include disallowance of employer contributions and plan disqualification.

Listen as our panel of experts discusses current areas of IRS and DOL focus, correcting areas of noncompliance, and mitigating audit risks.



  1. Recent IRS and DOL initiatives on retirement plan audits
  2. Compliance issues and remedies
  3. Effective procedures and corrective actions
  4. Best practices for ensuring compliance


The panel will cover and address these and other issues:

  • Identifying current areas of IRS and DOL focus
  • Addressing and correcting areas of noncompliance
  • Determining employee eligibility and compensation
  • Making timely payments of deferral contributions
  • Updating plans to meet ERISA requirements
  • Minimizing audit risks


Delano, Dannae
Dannae Delano

The Wagner Law Group

Ms. Delano concentrates her practice in employee benefits law, executive compensation and taxation. She counsels...  |  Read More

Grace, Deborah
Deborah L. Grace

Dickinson Wright

Ms. Grace counsels private companies and equity funds on the benefit plan implications of business acquisitions and...  |  Read More

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