401(k) Audit Firms in South Carolina

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

Who audits the most 401(k) plans in South Carolina?

Elliott Davis, LLC audited 91 South Carolina plans in plan year 2024, the most of any firm. Overall, 153 firms audited 678 plans sponsored in South Carolina; the median audited plan had 350 participants.

Most active in South Carolina

Elliott Davis, LLC

91South Carolina plans audited

Top audit firms for South Carolina plans

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

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

South Carolina plan audit market at a glance

South Carolina employee benefit plan audits, plan year 2024
MeasureValue
Audited plans sponsored in South Carolina678
Audit firms with at least one SC engagement153
Median audited plan size (participants)350
Share of all U.S. audited plans0.9%

Choosing an audit firm in South Carolina

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 South Carolina 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 South Carolina address is not required — plan audits are performed remotely under the same national standards — but local presence can simplify scheduling and walkthroughs.