Control Intelligence

401(k) / Pension Administration

Contribution remittance, employer match calculation, plan compliance, and Form 5500.

Sub-Process Score
85/ 100
Strong
9/10 responses received
View AI AnalysisBack

Control Objectives (1)

HR-RP-01
COSO P10ICFR.HR.RP.01IIA IV.9.2
Employee and employer contributions are remitted to the plan within DOL deadlines.
Risk: Late remittance results in prohibited transactions and DOL penalties.
Assessment Questions (3)
  • 01Contributions are remitted within 3 business days of payroll.
  • 02Employer match is calculated correctly and reconciled monthly.
  • 03Form 5500 is filed timely.Document