How Much Does a 401(k) Audit Cost in Arkansas?

Fee ranges by plan size, and what the Arkansas audit market looks like in plan year 2024 Form 5500 filings: how many plans are audited, by how many firms, at what plan size, and who does the most of it.

Last updated · Source data: plan year 2024 Form 5500 filings

How much does a 401(k) audit cost in Arkansas?

A 401(k) audit in Arkansas typically costs $8,000–$18,000 a year — the national range, since fees track plan size, not geography. Arkansas’ median audited plan (367 participants) falls in the $10,000 – $18,000 band. In plan year 2024, 96 firms audited 371 plans sponsored in Arkansas.

371Audited plans in AR
96Active audit firms
367Median plan size (participants)
0.5%Share of U.S. audited plans

Typical 401(k) audit fees for Arkansas plans

Typical annual 401(k) audit fee ranges by plan size (editorial estimates)
Plan sizeTypical fee rangeWhat drives the range
100–249 participants$8,000 – $14,000Most first-time audits land here; single payroll and one recordkeeper keep scope tight.
250–499 participantsAR median plan: 367 participants$10,000 – $18,000More participant-level testing; still typically one fieldwork cycle.
500–999 participants$13,000 – $25,000Larger samples; often multiple payrolls or acquisitions in the mix.
1,000–4,999 participants$18,000 – $40,000Complexity-driven: mergers, employer stock, non-standard assets push the top of the range.
5,000+ participants$30,000+Multi-entity sponsors, 11-K filers, and hard-to-value assets; fees are bespoke.

Honest labeling: audit fees are not reported in a standardized, reliable field on Form 5500, so these ranges are editorial estimates informed by published fee surveys and engagement quotes — not outputs of our filing dataset, and not specific to Arkansas. The market figures below are from the dataset. A first-year audit adds roughly 10–25%; an ERISA Section 103(a)(3)(C) election removes roughly 15–40%. See the national cost guide for the full list of fee drivers.

The Arkansas audit market: the numbers behind a quote

Arkansas employee benefit plan audit market, plan year 2024
MeasureArkansasUnited States
Audited retirement plans (sponsor address in Arkansas)37172,776
Audit firms with at least one engagement963,956
Audited plans per active firm3.918.4
Median audited plan size (participants)367357
Share of plans audited by the ten most active firms65%24%
Most active firm’s share of plans14%5%

National concentration is the share of all retirement plan engagements held by the ten largest firms nationally; the Arkansas figure is the share of AR-sponsored plans audited by the ten most active firms in the state. State reflects the plan sponsor’s address, not the audit firm’s offices.

Arkansas’ median is close to the national median of 357 participants, so the national fee framework applies without adjustment. The market is concentrated: the ten most active firms audited 65% of Arkansas’ plans, so expect established regional and national practices to compete for your engagement — and to price against each other.

Rankings derived from U.S. Department of Labor Form 5500 filings, plan year 2024. Read the full methodology.

Most active 401(k) audit firms in Arkansas

Firms ranked by audited retirement plan filings sponsored in Arkansas, plan year 2024
#FirmAR plans auditedShare of state
1HoganTaylor LLP5214.0%
2Forvis Mazars, LLP4512.1%
3HCJ CPAS & Advisors, PLLC4111.1%
4Landmark PLC, CPAS3710.0%
5Frost, PLLC205.4%
6Rasco Winter Thomas Group102.7%
7Erwin & Company102.7%
8Little Shaneyfelt Marshall & Co.92.4%
9Baker Tilly US, LLP82.2%
10Pierce Firm, PLLC82.2%
Top 10 firms shown. Counts are retirement plan filings (401(k), 403(b), profit-sharing, and pension) whose sponsor address is in Arkansas. Volume measures experience, not quality or price.

Rankings derived from U.S. Department of Labor Form 5500 filings, plan year 2024. Read the full methodology.

The full ranked directory, with market totals, is at 401(k) audit firms in Arkansas. Each firm profile shows engagement counts, states served, opinion mix, and the firm’s largest audited plans.

How to get a fair 401(k) audit quote in Arkansas

Arkansas 401(k) audit cost FAQs

Do 401(k) audits cost more in Arkansas?

No systematic premium applies. Audit fees are driven by participant count, plan complexity, and record quality rather than the sponsor’s location, and most engagements are performed remotely. Arkansas’ median audited plan had 367 participants in plan year 2024, versus 357 nationally, which places a typical Arkansas plan in the $10,000 – $18,000 editorial fee band.

How many firms audit 401(k) plans in Arkansas?

96 audit firms signed at least one audit of a retirement plan sponsored in Arkansas in plan year 2024, covering 371 audited plans (0.5% of the U.S. total). The ten most active firms accounted for 65% of those plans; the rest were spread across 86 other firms.

Which firm audits the most 401(k) plans in Arkansas?

HoganTaylor LLP audited 52 Arkansas retirement plans in plan year 2024, the most of any firm and 14% of the state’s audited plans. Forvis Mazars, LLP (45) and HCJ CPAS & Advisors, PLLC (41) ranked second and third. Engagement volume signals experience, not quality; each firm profile shows opinion mix and client sizes.

401(k) audit cost in other states

Same fee framework, different market. Each page carries the state’s audited plan count, active firms, median plan size, and most active auditors from plan year 2024 filings.

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