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Average cost for a small plan 5500 filing?


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Guest Rgreen
Posted

I've seen CPA and retirement providers charge as much as $2500 for a "signature ready" form 5500. DO you think this is a fair price?

Posted

Generally, discussing pricing on these Message Boards is discouraged. Simply, the value of sharing information is too valuable risk losing this resource due to a charge of "price-fixing".

For your particular question, you may wish to consider seeking bids from other vendors. You will probably find a wide variation, but be sure to evaluate the context: some vendors will charge less for the 5500 merely because it is included with other services. Others will charge less because they do it in greater numbers and get economy of scale.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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