401k Compliance Testing & Retirement Plan Compliance Services

Retirement plan compliance issues can create significant financial exposure, administrative disruption, and regulatory risk for employers and plan sponsors. The Ryding Company provides 401(k) compliance testing, retirement plan correction support, and compliance administration services designed to help businesses identify issues, resolve operational errors, and maintain retirement plan compliance with IRS and ERISA requirements.

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What Is Retirement Plan Compliance Resolution?

Failure to comply with retirement plan requirements, plan documents, or applicable pension laws can result in penalties, loss of tax advantages, operational complications, and additional scrutiny from regulatory agencies. Identifying and correcting retirement plan compliance issues often requires detailed administrative review, regulatory guidance, and ongoing compliance support. These issues often require prompt action and careful coordination to avoid further penalties or complications.
Our experienced retirement plan administration team helps employers evaluate compliance concerns, identify operational issues, and navigate correction programs to bring retirement plans back into compliance.

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401k Compliance Testing & Correction Support

Compliance testing helps identify issues early, before they escalate into costly corrections, penalties, or regulatory concerns. We provide retirement plan compliance testing services including:

  • ADP/ACP testing
  • Nondiscrimination testing
  • Contribution limit reviews
  • Operational compliance reviews
  • Retirement plan correction support

Our team works closely with employers, plan sponsors, payroll providers, and financial professionals to help identify issues early and support long-term retirement plan compliance.

Guidance Through Complex Compliance Resolution Processes

Retirement plan regulations and correction programs can be highly technical and constantly evolving. If your retirement plan documents have not been updated to reflect current IRS or Employee Benefits Security Administration (EBSA) requirements, our team can help guide you through the compliance resolution process and support required corrective actions.

We provide practical retirement plan consulting and compliance administration services designed to help employers navigate operational corrections and regulatory obligations with greater confidence.

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What You'll Get From Our Team

Voluntary Correction Program (VCP)

Permits a plan sponsor to, any time before audit, pay a fee and receive IRS approval for correction of plan failures.

Audit Closing Agreement Program (Audit CAP)

Permits a plan sponsor to pay a sanction and correct a plan failure while the plan is under audit.

The Delinquent Filer Voluntary Compliance Program (DFVCP)

Assists late or missed Form 5500 filers in coming up to date with corrected filings.

The Voluntary Fiduciary Correction Program (VFCP)

Affords plan sponsors and officials the chance to identify and fully correct certain transactions such as prohibited purchases, sales and exchanges, improper loans, delinquent participant contributions and improper plan expenses.

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