401(k) Audit Basics, Part III: Distribution Testing, Investments & Audit Wrap-up

Overview

Distribution testing, investments and audit wrap-up. Employee benefit plan audits are quite different from corporate audits and require an understanding of the unique audit areas specific to plans. Part III of the 401(k) audit basics series addresses distribution testing, investments and audit wrap-up, including: The various types of plan distributions and benefit payments, Types of plan investments and the related disclosures, ERISA Section 103(a)(3)(C) and non-Section 103(a)(3)(C) audits and the common issues and errors typically seen in these areas, Wrapping up the audit, Common issues and errors seen in these areas.