At 401(k) Plan Audit CPA, we specialize in helping businesses meet annual compliance requirements with accurate Form 5500 preparation and filing services. Our CPAs ensure your plan’s reporting is completed correctly, on time, and in full compliance with Department of Labor (DOL), Internal Revenue Service (IRS), and Pension Benefit Guaranty Corporation (PBGC) rules.
Form 5500 Preparation
Form 5500 Preparation & Filing Services
Why Form 5500 Matters
Form 5500 is an annual report required for most employee benefit plans, including 401(k) retirement plans. It provides regulators with detailed information on:
- Plan operations
- Financial condition
- Investments and funding status
Failure to file correctly or on time can result in penalties of up to $250 per day. That’s why professional preparation is critical.
Our Form 5500 Preparation Services
We provide end-to-end support for your annual filing, including:
Complete Form 5500 preparation
to meet DOL, IRS, and PBGC requirements.
Review of plan records
for accuracy and completeness.
Filing of Form 5500 and supporting schedules
through the EFAST2 system.
Extension requests (Form 5558)
when more time is needed.
Audit coordination
to ensure your Form 5500 aligns with your 401(k) audit report (when applicable).
The Benefits of Working With Us
Specialized 401(k) Plan Expertise
Unlike general accounting firms, we focus on benefit plans.
Risk Reduction
We identify compliance gaps before they become costly issues.
Time & Cost Savings
Our streamlined process minimizes disruption for HR and finance teams.
Trusted Advisors
We don’t just audit—we guide and consult for long-term success.
Nationwide Service
Supporting businesses of all sizes and industries.
Industries We Serve
We work with a diverse range of high-net-worth individuals and businesses across multiple industries, including:
Healthcare Organizations
Healthcare providers often face complex payroll structures, multiple benefit plans, and strict compliance requirements.
Technology Companies
Tech firms with fast-growing workforces often struggle with eligibility tracking and timely filings.
Manufacturing & Industrial Firms
Manufacturing companies often manage high employee turnover and complex contribution structures.
Professional Services Firms
Law firms, accounting firms, marketing agencies, and other service providers need reliable compliance support to avoid client-facing disruptions.
Frequently Asked Questions (401k Plan Audit FAQ)
Who needs a 401(k) plan audit?
Any plan with 100 or more eligible participants must generally undergo an annual independent audit.
What is Form 5500 and why is it important?
Form 5500 is a required filing that details your plan’s financial condition, operations, and investments. It’s key to maintaining compliance with DOL and IRS rules.
What are the penalties for late or incorrect Form 5500 filing?
Penalties can exceed $250 per day and add up quickly. Professional preparation helps you stay on track.
How do I choose the right employee benefit plan auditor?
Look for a CPA firm that specializes in employee benefit plan audits, has industry experience, and maintains strong communication throughout the process.
Can you help with smaller plans not yet requiring audits?
Yes—we provide 401(k) consulting to help smaller plans stay compliant and prepared as they grow.
Schedule Your 401(k) Audit Consultation Today
Don’t leave compliance to chance. At 401(k) Plan Audit CPA, we specialize in 401(k) audits, Form 5500 preparation, and employee benefit plan consulting. Whether you’re preparing for your first audit or managing a large retirement plan, our CPAs provide the expertise and peace of mind you need.
