About Katherman Kitts Retirement Plan Audit Services
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If your plan has 100 or more participants, federal law requires that an audit report be filed with your Katherman Kitts & Co. is committed to providing you with a quality audit in a timely manner. We are constantly striving to make our audit process as efficient as possible. Annual Return/Report of Employee Benefit Plan Form 5500. The Department of Labor indicates that: A quality audit will help protect the assets and the financial integrity of your employee benefit plan and ensure that the necessary funds will be available to pay retirement, health, and other promised benefits to your employees. A quality audit also will help you carry out your legal responsibility to file a complete and accurate annual return/report for your plan each year. Because an incomplete, inadequate, or untimely audit report may result in penalties being assessed against you as the plan’s administrator, selection of an experienced and reliable auditor is very important.That’s why we have established Tools and Resources. You will find resources to help you understand the audit process and to gather the relevant information necessary to get your audit underway. Our experience indicates that many plans are overpaying for their audit. If you would like to know more about our services including pricing, please contact us.  |
