ERISA Audits – New York (NY)
Belfint Lyons & Shuman serves employers in New York City and across the State of New York with their 401(k) plan audit needs. The reporting and other requirements imposed by the Internal Revenue Service (IRS) and the Employee Retirement Income Security Act (ERISA) are complex and regularly changing. Careful consideration needs to be exercised to ensure plan operations are following plan provisions, legislative requirements, and participant elections. In other words, a retirement plan audit is a specialty audit that requires more than foundational knowledge of basic accounting and auditing principles.
New York ERISA Audit Experience
We have significant experience serving the various types of retirement plans offered by New York employers. This includes defined contribution, defined benefit, health and welfare, and more. In fact, the DOL places so much importance on finding the right plan auditor they produced, Selecting An Auditor for Your Employee Benefit Plan. As you will see when reviewing it, our firm meets the criteria for an experienced auditor that can guide your team through the process.
New York 401(k) Audit Services:
- Comprehensive audit services, including testing participant account balances to verify
their accuracy and completeness - Operational consulting regarding participant and employer contributions, benefit payments,
and loan processing - Form 5500 preparation and review
- ERISA and DOL reporting requirements
- Plan design options information and recommendations
- Plan correction assistance
About New York (NY)
New York City, New York is one of the largest and most dynamic business communities in the world, with a diverse range of industries and businesses. The city is home to many well-known companies, including Wall Street financial firms such as Goldman Sachs and JPMorgan Chase, media companies such as The New York Times and ViacomCBS, and technology companies such as Google and Facebook.
New York City is a global hub for finance and business, with the New York Stock Exchange located in the city and many of the world’s largest banks and investment firms having a presence there. The city is also a center for media and entertainment, with Broadway theaters, television studios, and major publishing houses located in the city.
In addition to finance, media, and technology, New York City has a strong healthcare industry, with world-class hospitals and research institutions such as Memorial Sloan Kettering Cancer Center and Mount Sinai Health System. The city is also a hub for fashion and retail, with many of the world’s top fashion designers and retailers headquartered in the city. The area codes used in New York City (NY) are: 212, 332, 347, 646, 718, 917, and 929.
Contact Our New York 401(k) Audit Team
Belfint, Lyons & Shuman provides benefit plan audit services to companies in New York City and across the State of New York (NY). Please complete the form below and a member of our team will follow up with you.
We also provide 401k audit services to companies in California (CA), Pennsylvania (PA), Illinois (IL), Florida (FL), New Jersey (NJ), Maryland (MD), Arizona (AZ), South Dakota (SD), North Dakota (ND), Alabama (AL), Minnesota (MN), Connecticut (CT), Rhode Island (RI), Kentucky (KY), Missouri (MO), Nebraska (NE), Oklahoma (OK), Oregon (OR), Idaho (ID), Arkansas (AR), New Mexico (NM), Utah (UT), Texas (TX), Colorado (CO), Iowa (IA), Indiana (IN), Georgia (GA), South Carolina (SC), North Carolina (NC), Ohio (OH), Tennessee (TN), and Virginia (VA).