About Loftis & Lovato Group
<p>From its office near the Sandia foothills in Albuquerque, Loftis & Lovato Group works with organizations across the Albuquerque metro and greater New Mexico on audit, review, tax, and assurance needs.</p> <p>The firm is led by professionals including Nick M. Loftis, and its principals include Frank and Alex, who bring decades of public accounting experience. Clients include business owners, executives, and independent professionals who want a local accounting team that can handle both day-to-day accounting questions and formal attest work.</p> <p>Loftis & Lovato Group takes on audits and reviews for a wide mix of entities, including not-for-profit organizations and churches, employee benefit plans, tribal governments and enterprises, state and local governments, and charter schools. That range is a practical differentiator for plan sponsors that also operate in the public, nonprofit, or tribal space and prefer one firm across multiple audits.</p> <ul> <li><a href="/auditors/401k">Employee benefit plan audits</a> and related assurance work</li> <li>Audit and review services for nonprofits, churches, and charter schools</li> <li>Government and tribal enterprise audit support</li> <li>Tax and accounting services for business owners and independent professionals</li> </ul> <p>Loftis & Lovato Group can be reached at (505) 293-5009. The office is located at 5501 Eagle Rock Ave. NE, Suite C-5, Albuquerque, NM 87113.</p>
Website: https://loftiscpas.com/
Office Locations
- Albuquerque, NM (Headquarters)
Accreditations & Certifications
- AICPA EBPAQC
- AICPA Member
Audit Statistics (2024)
- Total Plans Audited: 30
- Total AUM Audited: $516.4M
- 401(k): 30 plans, $516.4M AUM
Plans Serviced (2025)
Largest plans where this firm is listed as a service provider (Schedule C) or IQPA (Schedule H) on the most recent filings (From Form 5500).
| Plan | Sponsor | Assets | Participants |
|---|---|---|---|
| NEW MEXICO ORTHOPAEDIC ASSOCIATES, PC 401(K) PROFIT SHARING PLAN | NEW MEXICO ORTHOPAEDIC ASSOCIATES, P.C., NM | $53M | 240 |
| PUEBLO OF SANDIA COMMERCIAL ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST | PUEBLO OF SANDIA, NM | $52M | 1,239 |
| NEW MEXICO ORTHOPAEDIC ASSOCIATES, P.C. DEFINED BENEFIT PLAN | NEW MEXICO ORTHOPAEDIC ASSOCIATES, P.C., NM | $32M | 214 |
| PUEBLO OF SANTA ANA COMMERCIAL ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST | PUEBLO OF SANTA ANA, NM | $27M | 1,552 |
| JACK B. HENDERSON CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN | JACK B. HENDERSON CONSTRUCTION COMPANY, INC., NM | $26M | 138 |
| 401(k) Retirement Plan | Healthcare Sponsor, NM | $26M | 810 |
| 401(k) Retirement Plan | Manufacturing Sponsor, NM | $20M | 120 |
| 401(k) Retirement Plan | Professional Services Sponsor, NM | $20M | 102 |
| 401(k) Retirement Plan | Technology Sponsor, NM | $17M | 216 |
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