401(k) Audit Firms in Maryland

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

Who audits the most 401(k) plans in Maryland?

CliftonLarsonAllen LLP audited 110 Maryland plans in plan year 2024, the most of any firm. Overall, 256 firms audited 1,544 plans sponsored in Maryland; the median audited plan had 351 participants.

Most active in Maryland

CliftonLarsonAllen LLP

110Maryland plans audited

Top audit firms for Maryland plans

Top 25 firms shown. Counts are retirement plan filings (401(k), 403(b), profit-sharing, and pension) whose sponsor address is in Maryland.

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

Maryland plan audit market at a glance

Maryland employee benefit plan audits, plan year 2024
MeasureValue
Audited plans sponsored in Maryland1,544
Audit firms with at least one MD engagement256
Median audited plan size (participants)351
Share of all U.S. audited plans2.0%

Choosing an audit firm in Maryland

Engagement volume is the most objective public signal of employee benefit plan audit experience: the Department of Labor’s audit quality study found deficiency rates of 76% among CPAs performing one or two plan audits a year, versus 12% at the largest practices. The table above shows which firms do this work in Maryland at real volume.

Beyond volume, ask candidate firms about AICPA Employee Benefit Plan Audit Quality Center membership, who staffs the fieldwork, experience with your recordkeeper and payroll systems, and whether the fee assumes an ERISA Section 103(a)(3)(C) election. A Maryland address is not required — plan audits are performed remotely under the same national standards — but local presence can simplify scheduling and walkthroughs.