401k Plan Audits – Houston (TX)
Retirement Plan Audits – Texas
The audit of a 401k and other retirement plan does require specialized knowledge and attention. While it’s commonly believed that there is little difference between a financial statement and retirement plan audit that is not entirely true. In fact, a recent study published by the Department of Labor (DOL) reveals that errors with Houston and Texas benefit plan audit filings are generally committed by firms with limited experience. The issues generally uncovered include failure to test key controls and other plan functions. To ensure that your plan audit receives the highest level of audit quality, it’s essential work with an experienced firm that understands the nuances of plan audits. Wilson Lewis provides benefit plan audits to companies in Duluth, Atlanta and across Georgia. We work with smaller limited scope 100 participant plans to full scope audits to multi-employer plans with hundreds of participants.
Retirement Plan Audit Experience – Houston
What makes our audit process different is that we understand the challenges faced by Houston and Texas CFO’s and others in the process. Often time’s companies are faced with the task of having to train new audit professionals, manage repeated requests for documentation and inability to meet agreed upon engagement deadlines. The difficulty of working with some firms is they focus only on “checking the box” of audit requirements and spend little time focused on client concerns. Wilson Lewis provides an audit approach that accomplishes the needed testing, but also addresses concerns throughout the process.
Our Retirement Plan Services:
- Defined Contribution Plans including 401k plans
- Defined Benefit Plans
- ESOP’s
- Limited or Full Scope Audits
- Single or Multiple Employers
Contact Us
Wilson Lewis provides 401k and retirement plan audit services to companies in Houston and Texas. If you have questions about our plan audit services, complete the form below and a team member will follow up with you shortly.
About Houston (TX)
Houston’s business community is a dynamic and multifaceted engine driving the city’s economic growth. Historically anchored in the energy sector, Houston has successfully diversified its economy to encompass industries such as healthcare, aerospace, manufacturing, and technology.
As the “Energy Capital of the World,” Houston remains a pivotal hub for oil and gas enterprises. The city hosts numerous Fortune 500 energy companies, including Phillips 66 and ConocoPhillips, and is home to major employers like ExxonMobil and Shell Oil Company. These corporations contribute significantly to the local economy and employment landscape.
Beyond energy, Houston boasts the world’s largest medical complex, the Texas Medical Center, which houses renowned institutions such as the University of Texas MD Anderson Cancer Center. This concentration of healthcare facilities has attracted substantial venture capital investments, fostering a robust ecosystem for life sciences and medical research.
