In order for an audit to be thorough, the following documentation should be provided if possible:

 Plan Document  

 Investment Menu (Summary of Accounts)

 Prior Year Compliance testing package

 Prior Year 5500

 Copy of service provider invoices/fee schedule

 Qualified Default Investment Alternative  

 Investment Policy Statement  

 Education and Communication Policy             

 (The more information you are able to provide, the more comprehensive our analysis will be.)

 Some other topics to consider when evaluating your 401(k) plan  

 Does your 401(k) Plan Provider provide all employees with periodic educational seminars? 

 Have you reviewed your plan, the plan’s investments, fees and communication methods since the passage of The Pension Protection Act of 2006 and The Supreme Court Ruling of 2008 allowing plan participants to sue their employers?

 Is your fidelity bond current as defined in DOL ERISA section 412?  

 Is your plan’s operation based on the definitions and requirements written in your Plan Document?  

 Have you distributed a Summary Annual Report (SAR) to all plan participants this year?  

 Have you timely deposited employee deferrals each pay period?

 Are any prohibited parties servicing your plan?