Employee benefit plan audit fees in New Jersey

451 audited retirement plans sponsored by New Jersey employers reported their audit fee for plan year 2024. Median $25,000, middle half $15,500 to $38,700, same plan and same auditor +3.0 % 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.

New Jersey · plan year 2024

Audit fee by plan type and size

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

Plan type	Participants	Median	Middle half	Fees	Basis
401(k)	100-199	$16,000	$12,000-$22,900	33	New Jersey
401(k)	200-499	$17,000	$13,200-$24,100	50	New Jersey
401(k)	500-999	$18,000	$10,500-$20,800	39	New Jersey
401(k)	1,000+	$30,000	$20,000-$45,000	94	New Jersey
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+	$39,200	$26,500-$47,500	33	New Jersey
Multiemployer	100-199	$15,900	$12,200-$17,900	28	Northeast region
Multiemployer	200-499	$13,900	$10,000-$23,200	25	New Jersey
Multiemployer	500-999	$17,800	$14,300-$26,500	28	New Jersey
Multiemployer	1,000+	$37,800	$29,500-$53,900	94	New Jersey

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

Other states: Arizona · California · Colorado · Connecticut · Florida · Georgia · Illinois · Indiana · Kansas · Kentucky · Massachusetts · Maryland · Michigan · Minnesota · Missouri · North Carolina · New York · Ohio · Oregon · Pennsylvania · Tennessee · Texas · Utah · Virginia · Washington · Wisconsin