I’m old enough to remember when they would do ads for the Yellow Pages and they told you should let your finger do the walking.
When getting ready for that Internal Revenue Service audit, you may not need to let your fingers do the walking. However, you should always have your plan document and an annual valuation nearby. When I say plan document, I mean the plan document, IRS opinion letter, and amendments. The valuation report is the annual testing summary that lists the census, compensation information, and testing. If you don’t have those documents, get them. Whether you have an audit or not, you need them.
