• Menu

Wegmann Dazet & Company

  • Menu
  • Leadership
  • 504-837-8844
  • Home
  • Careers
  • Who We Are
    • History
    • Mission
    • BDO Alliance USA
    • Partners/Managers
  • What We Do
    • Assurance & Accounting
    • Tax Strategies and Preparation
    • Business Consulting
    • Mergers & Acquisitions
    • Valuations
    • Litigation Support / Forensic Accounting
    • Succession Planning
  • WDCO News
    • Links & Resources
  • Contact

Metairie, Louisiana
111 Veterans Blvd
Suite 800 Map
Metairie, LA 70005
Phone: Main 504-837-8844
Fax: 504-837-0856
Email: info@wdco.biz

Northshore Office
180 New Camellia Blvd.
Suite 200 Map
Covington, LA 70433
Phone: Main 985-792-4504
Fax:   985-792-4512
Email: info@wdco.biz

  • Facebook
  • Twitter
  • LinkedIn

ERISA Audits

So you set up this 401K plan as a benefit to your employees and now, because your business has successfully grown in size, can you believe you will have to pay for an audit?

It does come as a shock to some but truthfully, even though we get paid for our performance of these, they are worthwhile.  To explain a bit, first understand that “audit” is a bit of a misnomer…in reality, it is a big compliance test, designed to make sure that you, in your fiduciary duty as sponsors of the plan, are living up to the commitments you have made to your employees in the plan…a commitment to manage “their” money.  Yes, “their” money as their contributions and your match all become theirs once they enter “their” accounts.

So why is our work worthwhile.  Honestly, on every first time audit and even some we do year after year, we find issues of noncompliance with the plan.  And why is that a problem?  Because the Department of Labor who oversees ERISA plans has the power to levy some serious fines on sponsors who do not perform their fiduciary duty in accordance with the plan.

And why Wegmann Dazet? Because after performing hundreds of plan audits and constantly staying abreast of changes in the law through continuing education, our professionals are well prepared to help you get it right and to keep it right on an ongoing basis.  Do some of our audit clients slip up.  Of course, they are human but we are there to get them back on track through the audit and when needed, throughout the year when questions arise.

Find out what scores of plan sponsors have already discovered about the difference in Wegmann Dazet. Contact us and let us know how we can help.

  • Who We Are
    • History
    • Mission
    • BDO Alliance USA
    • WDCO Staff
  • WDCO News
    • Links & Resources
    • Careers
  • Industries
    • Construction / Development / Real Estate
    • Engineering / Architecture / Law Firms
    • Grocery / Retail
    • Franchising
    • Gaming / Hospitality
    • Renewable Energy / Oil & Gas / Marine Services
    • Petroleum Wholesale / C-Stores
    • Manufacturing / Distribution / Transportation
    • Non-Profit / Education
    • Medical / Dental
    • Emerging Technology / Biosceience
    • ERISA Audits
  • What We Do
    • Assurance & Accounting
    • Tax Strategies and Preparation
    • Business Consulting
    • Mergers & Acquisitions
    • Valuations
    • Litigation Support / Forensic Accounting
    • Succession Planning

  • Facebook
  • Twitter
  • LinkedIn

WDCO SHAREFILE

© 2019 Wegmann Dazet & Company
Any unauthorized use of these names, or variations of these names, is a violation of state, federal, and international trademark laws.
Privacy Policy | Disclaimer | Careers