<p>This course provides a foundational understanding of employee benefit plans subject to audit under ERISA, helping you prepare to navigate the complexities of 401(k) plans.</p><p>Discover the foundations of ERISA</p><p>This course provides a comprehensive understanding of 401(k) plans within the framework of the Employee Retirement Income Security Act (ERISA). Your journey begins with an exploration of the fundamental purposes and impacts of ERISA on 401(k) plans.</p><p>Unlock the secrets of 401(k) plans</p><p>Delve into the key features of 401(k) plans, including understanding eligibility criteria, vesting schedules, and compensation definitions, while also learning to identify the critical roles and responsibilities of various stakeholders who help ensure plan integrity and the protection of participant interests.</p><p>Deep dive into compliance, contributions, and financial mechanics</p><p>Discover the importance of the plan document and ERISA compliance, as well as the nuances of tax considerations and compliance obligations relevant to the auditor. Gain insights into the mechanics of plan assets, including contributions, loans, and the array of investment options available within 401(k) plans, in addition to understanding the complexities surrounding distributions, plan expenses, and fee structures.</p>