Montana 401k and EBP audit requirements

401(k) and Employee Benefit Plan Audits for Montana Employers

Linked Accounting provides specialized 401(k) and Employee Benefit Plan (EBP) audit services tailored for Montana businesses. With deep expertise in local and federal regulations, we ensure compliance with the Department of Labor (DOL) and IRS standards, helping Montana employers protect their benefit plans and meet regulatory obligations.

  • Compliance with DOL and IRS Standards: Our audits focus on aligning with DOL and IRS requirements, reducing the risk of penalties and ensuring participant protection.
  • Plan Documentation and Internal Controls: We assess plan documentation and internal controls to enhance operational efficiency and compliance.
  • Montana-Specific Tax Reporting: Support for state-specific requirements under Montana tax code, ensuring accurate benefit and withholding reporting for local compliance.
  • Form 5500 Preparation: Comprehensive assistance with Form 5500 filing, meeting DOL mandates and minimizing potential errors.

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(385) 401-2224

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In-Depth 401(k) and EBP Audit Services for Montana Businesses

Our CPA team at Linked Accounting provides Montana-based employers with rigorous 401(k) and Employee Benefit Plan audits, essential for organizations with 100 or more participants. In line with DOL requirements, our audits focus on safeguarding participant assets, evaluating plan operations, and ensuring all contributions, distributions, and plan activities meet regulatory standards.

Why Are EBP Audits Necessary for Montana Employers?

Employee benefit plans are under increasing scrutiny, and non-compliance with DOL regulations can result in significant penalties. Our audits offer peace of mind by identifying compliance gaps and ensuring adherence to federal guidelines while considering Montana-specific tax implications, such as adherence to Montana’s 15-30-2110 MCA for withholding compliance and applicable state tax credits.

Key Aspects of Our 401(k) and EBP Audit Services

Montana Tax Implications for Employee Benefit Plans

Montana businesses benefit from Linked Accounting’s familiarity with both federal and state-level tax obligations. For example, Montana 15-30-2110 MCA mandates specific withholding requirements for benefits distributed to plan participants residing in the state. Our services ensure your organization meets these requirements and takes advantage of relevant credits under Montana’s corporate income tax guidelines (15-31-101 MCA).

Enhancing Your Montana Benefit Plan Compliance and Security

Our CPA team brings both expertise and local insight to each EBP audit, helping your organization maintain compliance, secure your plan assets, and protect participant interests. Contact Linked Accounting to discuss how we can support your 401(k) and employee benefit plan audits, giving your business confidence in its benefit offerings and adherence to regulatory standards.