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New Audit Rules for 2023 5500 Forms
Watkins Ross 
Nov. 13, 2023 "For plan years beginning on or after January 1, 2023, only participants with an account balance at the beginning of the year ... are counted for purposes of requiring an audit.... If you are still close to the participant count threshold, consider looking at your terminated participants with account balances and make efforts to force out small account balances as your plan may allow." MORE >> |
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