Payne & Smith, LLC
Employee benefit plan audit practice profile, built from plan year 2024 Form 5500 filings.
Last updated · Source data: plan year 2024 Form 5500 filings
How many 401(k) plans does Payne & Smith, LLC audit?
Payne & Smith, LLC was the independent auditor for 14 retirement plan filings in plan year 2024, with clients in 3 states and territories — the #668 practice nationally by volume.
Practice at a glance
| Measure | Value |
|---|---|
| Firm EIN (as filed) | 27-0316262 |
| Retirement plan audits (401(k), 403(b), pension) | 14 |
| All audited filings (incl. welfare plans) | 14 |
| States and territories with clients | 3 |
| National rank by retirement plan volume | #668 of 3,956 |
| National rank, all audited filings (league-table basis) | #686 of 4,052 |
| Average client size (participants) | 460 |
| Largest client (participants) | 1,215 |
Rankings derived from U.S. Department of Labor Form 5500 filings, plan year 2024. Read the full methodology.
Where does Payne & Smith, LLC audit plans?
| State | Plans audited | Share of practice |
|---|---|---|
| Texas | 12 | 85.7% |
| Ohio | 1 | 7.1% |
| Oklahoma | 1 | 7.1% |
Largest concentration: Texas (12 plans). State reflects the plan sponsor’s address, not the firm’s office locations.
What audit opinions does Payne & Smith, LLC issue?
| Opinion type | Filings | Share |
|---|---|---|
| Unmodified (clean) | 14 | 100.0% |
| Qualified | 0 | 0.0% |
| Disclaimer | 0 | 0.0% |
| Adverse | 0 | 0.0% |
As coded on Schedule H. A disclaimer here usually reflects the legacy limited-scope reporting convention (now the ERISA Section 103(a)(3)(C) election), not a failed audit — see the methodology.
Largest plans audited by Payne & Smith, LLC
| Plan sponsor | State | Participants |
|---|---|---|
| Gateway First Bank | OK | 1,215 |
| Austin Bank, Texas, N.A. | TX | 797 |
| Western Cabinets & Affiliates, Inc. | TX | 724 |
| Vinebrook Homes, LLC | OH | 694 |
| Nexpoint Advisors, L.P. | TX | 645 |
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About this profile
This page is generated from public U.S. Department of Labor Form 5500 filings in which Payne & Smith, LLC (EIN 27-0316262) is named as the plan’s independent qualified public accountant. Payne & Smith, LLC did not supply, review, or endorse this information, and inclusion is not a recommendation. Filing data can contain sponsor-entered errors; corrections are welcome via the about page.