With trepidation, I slowly opened the envelope from the Department of Labor hoping that it was only a routine communique. My worst fears were realized when, upon reading it, I discovered that our 401(k) plan was being audited. Along with the letter was a three-page list of documents DOL had requested and the date representatives from the agency would be coming onsite. Gulp!

Two months have passed since I received that letter. The DOL audit has since been closed, and we all survived the process - with no fines, and several lessons learned.

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