About Payne & Smith, LLC
<p>Founded in 2012, Payne & Smith, LLC is a CPA firm based in Dallas in the Dallas–Fort Worth metroplex. The firm works with businesses and individuals across North Texas on day-to-day accounting needs and year-end reporting.</p> <p>Payne & Smith handles tax, accounting, audit, and consulting work, with services that range from tax preparation and planning to financial statement support and assurance. The founding shareholders bring more than 60 years of public accounting experience.</p> <p>For plan sponsors looking for <a href="/auditors/401k">401(k) auditors</a> and other retirement plan-related audit support, the firm offers audit services alongside its broader accounting and tax practice. A key differentiator is the depth of senior-level experience available at a local Dallas firm.</p> <p>The corporate office is located at 12240 Inwood Rd, Ste. 440, Dallas, TX 75244. More information is available at payneandsmith.com.</p> <ul> <li>CPA firm founded in 2012</li> <li>Based in Dallas (Dallas–Fort Worth area)</li> <li>Tax preparation and tax planning</li> <li>Audit and assurance services, including retirement plan audit support</li> <li>Accounting and consulting services</li> </ul>
Website: https://www.payneandsmith.com
Founded: 2012
Office Locations
- Dallas, TX (Headquarters)
Accreditations & Certifications
- AICPA EBPAQC
- AICPA Member
Audit Statistics (2024)
- Total Plans Audited: 14
- Total AUM Audited: $497.8M
- 401(k): 14 plans, $497.8M AUM
Plans Serviced (2024)
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 |
|---|---|---|---|
| AUSTIN BANK TEXAS, N.A. EMPLOYEES PROFIT SHARING PLAN | AUSTIN BANK, TEXAS, N.A., TX | $103M | 698 |
| NEXPOINT 401(K) PLAN | NEXPOINT ADVISORS, L.P., TX | $88M | 289 |
| GATEWAY FIRST BANK 401(K) RETIREMENT PLAN | GATEWAY FIRST BANK, OK | $75M | 762 |
| FIRST STATE BANK 401(K) PROFIT SHARING AND EMPLOYEE STOCK OWNERSHIP PLAN | FIRST STATE BANK, GAINESVILLE, TEXAS, TX | $38M | 312 |
| LEGEND BANK EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN | LEGEND BANK, TX | $37M | 185 |
| 401(k) Retirement Plan | Healthcare Sponsor, TX | $29M | 257 |
| 401(k) Retirement Plan | Manufacturing Sponsor, TX | $27M | 169 |
| 401(k) Retirement Plan | Professional Services Sponsor, TX | $23M | 247 |
| 401(k) Retirement Plan | Technology Sponsor, TX | $21M | 150 |
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