How Much Does a 401(k) Audit Cost in Nevada?
Fee ranges by plan size, and what the Nevada 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 Nevada?
A 401(k) audit in Nevada typically costs $8,000–$18,000 a year — the national range, since fees track plan size, not geography. Nevada’s median audited plan (395 participants) falls in the $10,000 – $18,000 band. In plan year 2024, 128 firms audited 355 plans sponsored in Nevada.
Typical 401(k) audit fees for Nevada plans
| Plan size | Typical fee range | What drives the range |
|---|---|---|
| 100–249 participants | $8,000 – $14,000 | Most first-time audits land here; single payroll and one recordkeeper keep scope tight. |
| 250–499 participantsNV median plan: 395 participants | $10,000 – $18,000 | More participant-level testing; still typically one fieldwork cycle. |
| 500–999 participants | $13,000 – $25,000 | Larger samples; often multiple payrolls or acquisitions in the mix. |
| 1,000–4,999 participants | $18,000 – $40,000 | Complexity-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 Nevada. 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 Nevada audit market: the numbers behind a quote
| Measure | Nevada | United States |
|---|---|---|
| Audited retirement plans (sponsor address in Nevada) | 355 | 72,776 |
| Audit firms with at least one engagement | 128 | 3,956 |
| Audited plans per active firm | 2.8 | 18.4 |
| Median audited plan size (participants) | 395 | 357 |
| Share of plans audited by the ten most active firms | 40% | 24% |
| Most active firm’s share of plans | 8% | 5% |
National concentration is the share of all retirement plan engagements held by the ten largest firms nationally; the Nevada figure is the share of NV-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.
Nevada’s median is close to the national median of 357 participants, so the national fee framework applies without adjustment. The market is moderately concentrated: the ten most active firms audited 40% of Nevada’s plans, with the balance spread across 118 other firms — a mix of regional specialists and occasional auditors.
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 Nevada
| # | Firm | NV plans audited | Share of state |
|---|---|---|---|
| 1 | Eide Bailly LLP | 28 | 7.9% |
| 2 | CliftonLarsonAllen LLP | 17 | 4.8% |
| 3 | RubinBrown LLP | 17 | 4.8% |
| 4 | Metz CPA, PLLC | 16 | 4.5% |
| 5 | BD & Associates CPAS, PLLC | 13 | 3.7% |
| 6 | Baker Tilly US, LLP | 13 | 3.7% |
| 7 | Velez & Hardy, LLC | 13 | 3.7% |
| 8 | Houldsworth Russo & Company, P.C. | 9 | 2.5% |
| 9 | Ellsworth & Stout, LLC | 8 | 2.3% |
| 10 | Pension Assurance LLP | 8 | 2.3% |
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 Nevada. 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 Nevada
- Quote on the same scope. Tell every candidate whether the plan will elect an ERISA Section 103(a)(3)(C) audit, how many payroll systems it runs, and whether it files Form 11-K. Otherwise the low bid is usually the narrow one.
- Engage before spring. Nearly every Nevada plan is due July 31 or October 15; firms fill fieldwork calendars first-come, and engagements that start after Labor Day pay for the compression. See the deadline guide.
- Shortlist by volume. Ask three to five firms from the table above, or from the state directory, and check each profile for client sizes comparable to yours. A Nevada office is optional — audits are performed under national standards from recordkeeper and payroll data — but demonstrated volume is not.
- Deliver clean records. Reconciled census, dated remittances, SOC 1 reports, and the certification in hand before fieldwork are the cheapest fee reduction available. The document checklist lists everything the auditor will request.
Nevada 401(k) audit cost FAQs
Do 401(k) audits cost more in Nevada?
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. Nevada’s median audited plan had 395 participants in plan year 2024, versus 357 nationally, which places a typical Nevada plan in the $10,000 – $18,000 editorial fee band.
How many firms audit 401(k) plans in Nevada?
128 audit firms signed at least one audit of a retirement plan sponsored in Nevada in plan year 2024, covering 355 audited plans (0.5% of the U.S. total). The ten most active firms accounted for 40% of those plans; the rest were spread across 118 other firms.
Which firm audits the most 401(k) plans in Nevada?
Eide Bailly LLP audited 28 Nevada retirement plans in plan year 2024, the most of any firm and 8% of the state’s audited plans. CliftonLarsonAllen LLP (17) and RubinBrown LLP (17) 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.
- California8,081 plans
- New York5,755 plans
- Texas4,845 plans
- Pennsylvania3,672 plans
- Illinois3,540 plans
- Ohio3,121 plans
- Florida3,082 plans
- Massachusetts2,560 plans
- Michigan2,487 plans
- New Jersey2,355 plans
- Virginia2,164 plans
- Wisconsin1,901 plans
- Georgia1,880 plans
- Minnesota1,869 plans
- North Carolina1,810 plans
- Washington1,561 plans
- Maryland1,544 plans
- Indiana1,420 plans
- Missouri1,388 plans
- Tennessee1,359 plans
- Colorado1,231 plans
- Connecticut1,133 plans
- Arizona1,058 plans
- Oregon927 plans
- Kentucky830 plans
- Iowa826 plans
- Alabama780 plans
- Kansas739 plans
- Utah718 plans
- Louisiana705 plans
- Washington, D.C.682 plans
- South Carolina678 plans
- Oklahoma646 plans
- Nebraska529 plans
- New Hampshire373 plans
- Arkansas371 plans
- Maine324 plans
- Puerto Rico314 plans
- Idaho311 plans
- Mississippi307 plans
- Hawaii273 plans
- North Dakota273 plans
- Rhode Island269 plans
- West Virginia267 plans
- New Mexico253 plans
- Delaware231 plans
- South Dakota221 plans
- Montana208 plans
- Vermont206 plans
- Alaska154 plans
- Wyoming70 plans
- Guam25 plans
- U.S. Virgin Islands8 plans
- Northern Mariana Islands1 plans