Not-For-Profit

403(b) Audit Readiness Assessment

For more than 40 years, there have not been any significant changes to the reporting requirements for not-for-profit benefit plans, specifically 403(b) plans. Effective for years beginning after December 31, 2008, the Department of Labor will require most 403(b) plans with more than 100 eligible employees to include audited financial statements with the plan’s annual Form 5500 informational return. The key to navigating these new requirements is preparation, but many 403(b) plan sponsors do not seem to be sure where to begin. LBMC has a solution – the LBMC 403(b) Audit Readiness Assessment.

 
Not-For-Profit Industry Services:

  • Joe Atkins
    Industry Leader: Not-For-Profit
    Department: Accounting and Assurance
     
  • John Mark McDougal
    Industry Leader:
    Benefit Plans
    Manufacturing and Distribution
    Not-For-Profit
    Department: Accounting and Assurance