Annual Retirement Plan Audits

Benefit Plan Audits – Des Moines (IA)

Many companies offer retirement plans as an employee benefit. Not only does it provide workers an essential retirement savings vehicle, but it can also open the door to business tax saving opportunities. However, there are strict requirements which must be followed when administering a plan. ERISA outlines the rules which must be followed, including when a plan needs to undergo an annual retirement plan audit. Those companies that achieved a large plan status are subject to this requirement. This means that business owners, CFOs, Controllers, and HR Managers need to find an eligible audit firm and manage the sometimes complex audit process. For this reason, companies in Des Moines need to find a qualified auditor with appropriate experience.

Benefit Plan Audits – Iowa

Boyum Barenscheer CPAs has years of experience providing full scope, Section 103(a)(3)(c), and ESOP audits. We work with single employer plans with a total active participant count between 125 and 5,000. Team members undergo regular training to stay up to date on the latest regulatory changes and updates. In addition, we are a member of the AICPA Employee Benefit Plan Audit Quality Control Center (EBPAQC). The result is a more meaningful and higher quality audit process and report.

Des Moines Employee Benefit Plan Audit Services

• 401k audits
• 403b audits (offered by tax exempt organizations)
• Profit sharing audits
• Defined benefit plan audits
• ESOP audits
• Employee benefit plan consulting

Contact Our Des Moines Plan Auditors

Boyum Barenscheer CPAs provides benefit plan audits to companies in Des Moines and Iowa. If you are interested in exploring a new plan audit firm, complete the form below and a team member will follow up with you shortly.

About the Des Moines (IA) Business Community

Des Moines has a diverse and growing business community anchored by a particularly strong financial services and insurance sector. Greater Des Moines is home to more than 80 insurance companies and has developed into a major national center for insurance, banking, investment management and related professional services. Principal Financial Group and Wells Fargo are among the region’s prominent financial employers, while major companies such as Hy-Vee, Casey’s and a number of health care organizations contribute to a broad employment base.

Beyond financial services, the regional economy has significant strengths in advanced manufacturing, agriculture and agricultural technology, logistics, technology and data centers. Des Moines’ location near the intersection of Interstates 80 and 35 makes it attractive for distribution and logistics operations, while companies including Apple, Meta and Microsoft have invested in data center infrastructure in the region. Greater Des Moines also benefits from its connections to Iowa’s large agricultural economy, with agricultural technology and bioscience playing an important role in regional business development.

Collaboration is a defining characteristic of the Des Moines business environment. The Greater Des Moines Partnership coordinates economic development and works closely with local chambers of commerce, businesses, educational institutions and government organizations. The Partnership represents more than 7,200 regional chamber members and over 400 investors, giving the area a relatively unified approach to attracting companies, developing talent and advocating for regional priorities.