Last week’s post looked at the top five auditors for each of the leading states with the largest market share for the number of ERISA benefit plans. For this article, we breakout the top five auditors for each state by the amount of assets audited.
Three of the Big Four, PwC, KPMG, and EY, lead New York’s ERISA benefit plans in terms of assets audited. PwC leads with over $216 billion in assets audited, and accounts for 27% of the entire NY market.
Moss Adams leads the California market with over $135 billion ERISA assets audited. Morris David Chan & Tan follows with $104 billion in assets audited, and 14% of the California market.
PwC leads the Illinois ERISA market with $120 billion in assets audited, followed by Grant Thornton and Crowe Horwath who each audit 11% of the market.
At 62%, the top five auditors for Texas together audit the largest percentage of a leading states’ ERISA market. EY leads the TX market with over $206 billion in assets audited. PwC, Mayer Hoffman McCann, Whitley Penn, and McConnell & Jones round out the top five.
With a spot in each of the top states by assets audited, PwC leads New Jersey’s market with 20%, or $111 billion in assets audited. Mitchell & Titus accounts for 9% of the market, or $50 billion in assets audited. KPMG, Crowe Horwath, and EY round out the top five, each with 7% of the market.
This data is based off of 2016 filing year, with a filing deadline of October 15, 2017.
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