Browse 934 providers in this category.
Provider ranking
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Maillie, LLP
Employee Benefit Plan Auditor
Oaks, PA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 57 plans audited • $3.8B under management
Company: Est. 1946
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HM&M Group, LLC
Employee Benefit Plan Auditor
Dallas, TX
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 56 plans audited • $2.4B under management
Company: Est. 1978
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Packer Thomas
Employee Benefit Plan Auditor
Canfield, OH
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 56 plans audited • $1.8B under management
Company: Est. 1923 • 70 employees
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Davidson Doyle & Hilton, LLP
Employee Benefit Plan Auditor
Lynchburg, VA
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 54 plans audited • $1.4B under management
Company: Est. 1999
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Stowe & Degon LLC
Employee Benefit Plan Auditor
Westborough, MA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 54 plans audited • $2.9B under management
Company: Est. 1997
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Daniels, Irwin & Aylor
Employee Benefit Plan Auditor
Madison, TN
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 53 plans audited • $5.1B under management
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Elliott Group CPAS, PLLC
Employee Benefit Plan Auditor
Charlotte, NC
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 53 plans audited • $921M under management
Company: Est. 2012
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Flagel, Huber, Flagel
Employee Benefit Plan Auditor
Cincinnati, OH
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 52 plans audited • $2.1B under management
Company: Est. 1933
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Gould, Kobrick & Schlapp, P.C.
Employee Benefit Plan Auditor
New York, NY
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 52 plans audited • $5.7B under management
Company: Est. 1997
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Frost, PLLC
Employee Benefit Plan Auditor
Little Rock, AR
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 51 plans audited • $2.4B under management
Company: Est. 1974
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HCJ CPAs & Advisors, PLLC
Employee Benefit Plan Auditor
Little Rock, AR
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 51 plans audited • $1.0B under management
Company: Est. 1987
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KNAV CPA LLP
Employee Benefit Plan Auditor
Atlanta, GA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 51 plans audited • $1.7B under management
Company: Est. 1999
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Smith Elliott Kearns & Company LLC
Employee Benefit Plan Auditor
Hagerstown, MD
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 51 plans audited • $2.3B under management
Company: Est. 1963
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Tronconi Segarra & Associates LLP
Employee Benefit Plan Auditor
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 51 plans audited • $4.8B under management
Company: Est. 1985
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Meihaus CPA, PC
Employee Benefit Plan Auditor
Escondido, CA
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 50 plans audited • $808M under management
Company: Est. 2012
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The American Auditors Group, LLC
Employee Benefit Plan Auditor
Spokane, WA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 50 plans audited • $500M under management
Company: Est. 1989
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ADKF P.C.
Employee Benefit Plan Auditor
San Antonio, TX
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 49 plans audited • $849M under management
Company: Est. 1991
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Dannible & McKee LLP
Employee Benefit Plan Auditor
Syracuse, NY
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 49 plans audited • $3.2B under management
Company: Est. 1978
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Galindez LLC
Employee Benefit Plan Auditor
San Juan, PR
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 49 plans audited • $807M under management
Company: Est. 2007
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Herbein + Company, Inc.
Employee Benefit Plan Auditor
Reading, PA
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 49 plans audited • $3.0B under management
Company: Est. 1991 • 315 employees
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Jason Underwood CPA, PLLC
Employee Benefit Plan Auditor
Signal Mountain, TN
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 49 plans audited • $729M under management
Company: Est. 1991
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Squire & Company, PC
Employee Benefit Plan Auditor
Orem, UT
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 49 plans audited • $3.5B under management
Company: Est. 1973
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BFBA LLP
Employee Benefit Plan Auditor
Sacramento, CA
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 48 plans audited • $813M under management
Company: Est. 1983
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BT & Co. P.A.
Employee Benefit Plan Auditor
Topeka, KS
Credentials: Plan Audit Quality Center (EBPAQC) • AICPA Member
Stats: 48 plans audited • $1.1B under management
Company: Est. 1913
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Hedman Partners LLP
Employee Benefit Plan Auditor
Valencia, CA
Credentials: AICPA Member • Plan Audit Quality Center (EBPAQC)
Stats: 48 plans audited • $1.5B under management
Company: Est. 1991
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.