Browse 934 providers in this category.
Provider ranking
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Weyrich, Cronin & Sorra LLC
Employee Benefit Plan Auditor
Bel Air, MD
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 34 plans audited • $2.0B under management
Company: Est. 1986
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Ennis, Pellum & Associates, P.A.
Employee Benefit Plan Auditor
Jacksonville, FL
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 33 plans audited • $2.3B under management
Company: Est. 1978
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Gray Hunter Stenn LLP
Employee Benefit Plan Auditor
Quincy, IL
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 33 plans audited • $1.9B under management
Company: Est. 1991
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Jones Simkins LLC
Employee Benefit Plan Auditor
Logan, UT
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 33 plans audited • $807M under management
Company: Est. 1948
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KPM CPAS, PC
Employee Benefit Plan Auditor
Springfield, MO
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 33 plans audited • $889M under management
Company: Est. 1966
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Nichols, Cauley & Associates, LLC
Employee Benefit Plan Auditor
Dublin, GA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 33 plans audited • $1.2B under management
Company: Est. 1981
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Tait Weller & Baker LLP
Employee Benefit Plan Auditor
Philadelphia, PA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 33 plans audited • $1.3B under management
Company: Est. 1921
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Williams-Keepers LLC
Employee Benefit Plan Auditor
Columbia, MO
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 33 plans audited • $1.1B under management
Company: Est. 1986
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Yulishana, Inc.
Employee Benefit Plan Auditor
San Jose, CA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 33 plans audited • $814M under management
Company: Est. 1986
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DS&B, Ltd.
Employee Benefit Plan Auditor
Minneapolis, MN
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 32 plans audited • $1.2B under management
Company: Est. 2003
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KerberRose SC
Employee Benefit Plan Auditor
Shawano, WI
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 32 plans audited • $457M under management
Company: Est. 1979 • 220 employees
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MarksNelson LLC
Employee Benefit Plan Auditor
Overland Park, KS
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 32 plans audited • $2.2B under management
Company: Est. 1968
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Prager Metis Cpas, LLC
Employee Benefit Plan Auditor
New York, NY
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 32 plans audited • $734M under management
Company: Est. 2013 • 600 employees
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Stockman Kast Ryan & CO LLP
Employee Benefit Plan Auditor
Colorado Springs, CO
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 32 plans audited • $496M under management
Company: Est. 2012
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Traveller & Company LLC
Employee Benefit Plan Auditor
Centerville, UT
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 32 plans audited • $1.4B under management
Company: Est. 1957
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Caliber Audit & Attest LLP
Employee Benefit Plan Auditor
San Luis Abispo, CA
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 31 plans audited • $450M under management
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Denman CPA LLP
Employee Benefit Plan Auditor
West Des Moines, IA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 31 plans audited • $1.5B under management
Company: Est. 1954
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Draffin & Tucker
Employee Benefit Plan Auditor
Albany, GA
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 31 plans audited • $2.2B under management
Company: Est. 1948
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Rubino & Company, Chartered
Employee Benefit Plan Auditor
Bethesda, MD
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 31 plans audited • $2.3B under management
Company: Est. 2012
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Shannon & Associates, LLP
Employee Benefit Plan Auditor
Kent, WA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 31 plans audited • $522M under management
Company: Est. 1947 • 33 employees
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Verdeja & Alvarez LLP
Employee Benefit Plan Auditor
Coral Gables, FL
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 31 plans audited • $685M under management
Company: Est. 1986
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Warady & Davis LLP
Employee Benefit Plan Auditor
Deerfield, IL
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 31 plans audited • $1.3B under management
Company: Est. 1949
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Williams Overman Pierce LLP
Employee Benefit Plan Auditor
Raleigh, NC
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 31 plans audited • $928M under management
Company: 35 employees
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Fenner, Melstrom & Dooling PLC
Employee Benefit Plan Auditor
Auburn Hills, MI
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 30 plans audited • $658M under management
Company: Est. 1973 • 36 employees
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Honkamp, P.C.
Employee Benefit Plan Auditor
Dubuque, IA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 30 plans audited • $935M under management
Company: Est. 1947 • 350 employees
Choosing the Right Retirement Plan Provider: A Focus on the 401k Auditor Role
The average 401(k) audit cost in the US as of 2024 was $$16,450.
Selecting a retirement plan provider is one of the most significant decisions a business owner can make. The right provider offers essential services, manages complex regulations, and ultimately helps employees secure their financial future. When comparing options, understanding the role of key oversight personnel, like the 401k auditor, is crucial for maintaining compliance and minimizing risk.
A retirement plan provider is responsible for administering the plan, handling investments, managing recordkeeping, and ensuring regulatory adherence. For larger plans, federal law often mandates an annual independent audit by a qualified 401k auditor. This audit verifies the plan’s financials and ensures operational compliance with ERISA (Employee Retirement Income Security Act) rules.
Why the 401k Auditor Matters in Provider Selection
The audit process is complex, and the quality of your plan provider can directly impact the ease and success of the annual review. A high-quality provider will:
- Maintain impeccable records, simplifying the data collection for the 401k auditor.
- Implement robust internal controls to prevent errors and fraudulent activity.
- Stay current with changing regulations to ensure the plan remains compliant year-round.
Choosing a provider with a proven track record of successful audits and strong fiduciary support can significantly reduce your administrative burden and liability. When evaluating potential partners, inquire about their internal compliance teams and how they assist clients in preparing for and responding to the findings of an independent 401k auditor.
Key Services Offered by Top Retirement Plan Providers
While compliance is paramount, providers also offer a range of services designed to enhance the plan for both the employer and the participants. These include:
- Fiduciary Support: Offering guidance and taking on some of the fiduciary responsibilities to lessen the employer's risk.
- Investment Selection: Providing access to a diverse menu of investment options and professional investment management services.
- Participant Education: Offering workshops, tools, and personalized advice to help employees make informed decisions about their savings.
- Technology and Administration: State-of-the-art platforms for seamless enrollment, contribution processing, and reporting.
The right provider acts as a strategic partner, helping you navigate complex legal requirements while delivering maximum value to your employees. Whether you are launching a new plan or looking to switch providers, thorough due diligence is essential. Focus on finding a provider who prioritizes transparency, compliance, and participant success. A strong relationship with your provider will ensure that when your plan is reviewed by a 401k auditor, the process is smooth and stress-free.
Take the time to explore your options and find a provider whose expertise in administration and commitment to compliance aligns with your business needs and long-term goals.