Your call with us brings us to an understanding of what service you need. We use our specific criteria to itemize a set price. The quote you receive is guaranteed, promising no hidden costs or miscellaneous fees. Take a look at the prices below to understand how our system works and get an idea of what your plan will be”
Unlike the other services out there, Summit CPA is determined to give you the transparency you need in order to find the retirement plan your business deserves.
At Summit CPA, we understand the frustration of 401K audits, which is why we offer a FREE audit to guide you through the process. We're here to provide the clarification you need to succeed. Schedule a call with us so we can lead you to a better, more efficient and trustworthy process!”
We want to give you the opportunity to see how we do our audits. If there is anything that calls for chaos, it’s finances and audits for the 401k. Below you will find a layout of what each audit will cost you. It isn’t an estimate and there aren’t any hidden fees- it’s all laid out for you.
The fee structure for ERISA Section 103(a)(3)(C) audits range as low as $9,000 for plans that fall below 500 participants to as high as $12,000 for plans that fall between the range of 1,000 and 1,500 participants. Plans with greater than 1,500 participants are determined on a case-by-case basis. See our fee structure below.
*A 10% discount is available if the fee is paid in full within 45 days after the Plan year end. For calendar year plans (ending December 31st), the fee must be paid in full by February 15th in order to qualify for the discount.
Non ERISA Section 103(a)(3)(C) Audit
Plan Sponsor’s First Required Audit
Changed Payroll Provider
Is your plan a multi-employer plan, meaning more than one company is sharing a 401(k) plan? If you have between 1-3 companies, your price won't change. For each additional company in a multi-employer plan, an additional fee of $500 will be applied.
If your plan is a final plan audit, call us for a pricing quote.
We're currently licensed to provide 401(k) audit services in the following states:
Alabama, Alaska, Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland (license number 41617), Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia.
Your state not listed? No worries. It only takes us a few weeks to get registered, and then we'll be able to perform your audit.