401(k) & 403(b) Plan Audits
We audit 401(k), 403(b), and other ERISA plans for sponsors across the country. It is the firm’s one national practice, led by audit partners Amy Gallagher and Dana Jackson.
- AICPA EBPAQC member firm
- ERISA plan specialists
- Delivered ahead of your Form 5500 deadline
Who needs a plan audit?
Most retirement plans with 100 or more participants with account balances at the beginning of the plan year are required to file audited financial statements with their Form 5500. If you’re near that threshold and aren’t sure where you stand, that’s exactly the kind of question we answer every day.
Plans we audit
- 401(k) plans
- 403(b) plans
- Defined benefit plans
- Defined contribution plans
- Profit sharing plans
- Employee stock ownership plans (ESOP)
- Health & welfare plans
Why plan sponsors choose us
- A dedicated practice
- Plan audits are a practice of their own here, led by partners who specialize in them.
- EBPAQC members
- We belong to the AICPA Employee Benefit Plan Audit Quality Center, which sets rigorous standards for plan-audit quality.
- Less back-and-forth
- We collect plan data electronically, which means fewer requests for you to answer and keeps the audit ahead of your Form 5500 deadline.
- A quote before we start
- A written quote based on your plan’s size, type, and recordkeeper, usually within one business day.
Request a plan-audit quote
Tell us about your plan and our audit staff will send a written quote, usually within one business day. Prefer to talk it through? Call 1-888-433-2202.
Frequently asked questions
Does my 401(k) or 403(b) plan need an audit?
Generally, a retirement plan with 100 or more participants with account balances at the start of the plan year must include audited financial statements with its Form 5500. A special "80-120 participant rule" can let plans near that threshold keep filing in the same category as the prior year. We will help you determine your filing status.
When is the plan audit due?
The audit is filed with your Form 5500, which is due seven months after the plan year ends: July 31 for a calendar-year plan. Filing Form 5558 extends the deadline by two and a half months, to October 15.
How much does a plan audit cost?
Cost depends on the plan's size, type, and recordkeeper. Use the quote form or call 1-888-433-2202, and we'll send a written quote, usually within one business day.
What types of plans do you audit?
We audit 401(k), 403(b), defined benefit, defined contribution, profit sharing, employee stock ownership (ESOP), and health & welfare plans.
What makes Davidson, Doyle & Hilton qualified to audit benefit plans?
We are members of the AICPA Employee Benefit Plan Audit Quality Center (EBPAQC), and our audit partners bring decades of experience with ERISA-regulated plans for clients across the country.
Audit requirements and deadlines change and depend on your plan’s specific facts. Contact us for guidance on your situation.
Prefer to talk? Call 1-888-433-2202
The line goes directly to our employee benefit plan audit team.