Probably your number one question is "How much does a 401k audit cost?" By drawing on our focused expertise, we are able to perform a detailed, efficient audit at a very competitive price. As we are focused on building long standing relationships, we commit to giving you a fixed quote without future "surprise" billings. The time required to conduct an audit is identical if you are in Milwaukee, Chicago or anywhere from Green Bay to Springfield. The fee quote for a typical limited scope 401k audit (this is most 401k's) is based on a budget of 120 hours and corresponds to a fee approximating $6,000. Of the 120 hours, usually three days of the audit will be on site at your office. The remainder of your quote are costs that we will incur and rebill to you (reimbursed expenses). Our reimbursed expenses will normally consist of mileage, train fees, parking, etc. An example of what to expect for a 401k quote by location:
No matter where you are located, we ask you to contact us today. You will find that we are highly organized and have a process that ensures your audit is completed in a timely fashion that is as minimally disruptive to your staff as possible. Note - Other employee benefit plan audits such 403(b) audits, profit sharing plan audits, ESOP audits and Health/Welfare plan audits have too many variables to provide a generic flat quote. For these plans, we request that you contact us to review the items necessary for an accurate quote. |
