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.
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 type | Participants | Median | Middle half | Fees | Basis |
|---|---|---|---|---|---|
| 401(k) | 100-199 | $12,800 | $9,700-$18,200 | 168 | Northeast region |
| 401(k) | 200-499 | $17,500 | $14,000-$24,500 | 28 | Connecticut |
| 401(k) | 500-999 | $16,800 | $12,000-$23,500 | 178 | Northeast region |
| 401(k) | 1,000+ | $29,600 | $21,000-$43,000 | 44 | Connecticut |
| Other DC | 100-199 | $13,800 | $10,900-$16,700 | 24 | Northeast region |
| Other DC | 200-499 | $14,000 | $9,700-$19,100 | 53 | Northeast region |
| Other DC | 500-999 | $15,900 | $10,600-$25,400 | 50 | Northeast region |
| Other DC | 1,000+ | $18,400 | $15,200-$29,300 | 127 | Northeast region |
| DB | 100-199 | $16,600 | $11,900-$23,600 | 32 | Northeast region |
| DB | 200-499 | $22,000 | $14,600-$30,800 | 62 | Northeast region |
| DB | 500-999 | $26,400 | $18,400-$39,800 | 53 | Northeast region |
| DB | 1,000+ | $30,600 | $25,000-$41,200 | 25 | Connecticut |
| Multiemployer | 100-199 | $15,900 | $12,200-$17,900 | 28 | Northeast region |
| Multiemployer | 200-499 | $17,100 | $11,900-$25,400 | 102 | Northeast region |
| Multiemployer | 500-999 | $21,400 | $16,300-$31,000 | 113 | Northeast region |
| Multiemployer | 1,000+ | $35,800 | $25,700-$52,600 | 372 | Northeast 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.
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