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Podcast: The 401(k) Audit CPA Success Show
Episode: 401K Related Penalties
Description: Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “As the employer, you have a lot of say in what happens to your employees. You hold a lot of control over an individual, and now their retirement is entrusted in you.” - Kim Moore The finer details in this episode:The difference between the sponsor, trustee, and administratorWhat your responsibilities are if you are a plan sponsor, trustee, or administratorThe different penalties or fines you could possibl...