First Audit Radar
Audit fees · Connecticut

Employee benefit plan audit fees in Connecticut

192 audited retirement plans sponsored by Connecticut employers reported their audit fee for plan year 2024. Median $20,600, middle half $14,600 to $33,000, same plan and same auditor +3.2 % on the year before.

Read this first: Schedule H shows the audit fee only when the plan pays the auditor. Plans whose sponsor pays the audit fee directly are not included, and for single-employer 401(k) plans that is most of them (only 8% of audited 401(k) plans with 200-499 participants report a fee). The figures describe the plans that report a fee; treat them as a market reference, not as a quote.
Connecticut · plan year 2024

Audit fee by plan type and size

Rows marked with a region or "nationwide" have fewer than 20 reported fees in Connecticut; the figure shown is the Northeast region or the national value.

Plan typeParticipantsMedianMiddle halfFeesBasis
401(k)100-199$12,800$9,700-$18,200168Northeast region
401(k)200-499$17,500$14,000-$24,50028Connecticut
401(k)500-999$16,800$12,000-$23,500178Northeast region
401(k)1,000+$29,600$21,000-$43,00044Connecticut
Other DC100-199$13,800$10,900-$16,70024Northeast region
Other DC200-499$14,000$9,700-$19,10053Northeast region
Other DC500-999$15,900$10,600-$25,40050Northeast region
Other DC1,000+$18,400$15,200-$29,300127Northeast region
DB100-199$16,600$11,900-$23,60032Northeast region
DB200-499$22,000$14,600-$30,80062Northeast region
DB500-999$26,400$18,400-$39,80053Northeast region
DB1,000+$30,600$25,000-$41,20025Connecticut
Multiemployer100-199$15,900$12,200-$17,90028Northeast region
Multiemployer200-499$17,100$11,900-$25,400102Northeast region
Multiemployer500-999$21,400$16,300-$31,000113Northeast region
Multiemployer1,000+$35,800$25,700-$52,600372Northeast region

Reported only when the plan pays the auditor; plans whose sponsor pays the audit fee directly are not included. Most single-employer 401(k) sponsors pay directly, so the figures describe the plans that report a fee. Method and national figures.

Audit firms in Connecticut: see the Connecticut plans likely to need their first audit, with the typical fee range next to every plan in the subscriber list. Free state sample · prices.

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