Lee CPA Audit Group
Lee CPA Audit Group is a Sacramento, California-based CPA firm that specializes exclusively in 401(k) and qualified retirement plan audits for plan sponsors and TPAs across the West Coast, using a fixed-fee pricing model and a proprietary cloud-based audit platform.
- Company typePrivate
- Founded-
- HeadquartersSacramento, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Lee CPA Audit Group does
Lee CPA Audit Group is a Sacramento, California-based Certified Public Accounting firm that specializes exclusively in audits of 401(k) and other qualified retirement plans. Founded by James Lee, who accumulated 12 years of experience at KPMG and other firms prior to launching the practice, the firm serves plan sponsors and third-party administrators (TPAs) across the West Coast of the United States. The firm's narrow focus on employee benefit plan (EBP) audits differentiates it from full-service CPA firms that treat retirement plan audits as a secondary service line, and it is positioned as a specialty audit provider rather than a diversified professional services firm.
The firm operates on a transparent fixed-fee pricing model, charging $12,000 per audit for plans with 100-499 participants and custom pricing for larger plans with 500+ participants. It completes audits within a 21-day turnaround time and reports an annual throughput of "hundreds" of plans. Delivery is supported by a proprietary cloud-based platform that includes a dynamic PBC (provided-by-client) list, structured assignment workflow, and secure file hosting. Staff hold advanced credentials including QKA (Qualified 401(k) Administrator), RPF (Retirement Plan Fellow), and the AICPA Advanced Defined Contribution Plans Audit Certificate; the firm is a member of the AICPA Employee Benefit Plan Audit Quality Center, is ISO 27001 certified, and has achieved SOC 1 Type 2 attestation, and is also Great Place to Work certified.
Lee CPA Audit Group goes to market through direct sales to plan sponsors and TPAs, with no disclosed channel partnerships, referral arrangements, or third-party distribution relationships. The firm is bootstrapped: there are no external funding rounds, no M&A activity, and no leadership changes beyond the founder. With a headcount of 11-50 employees, it is a focused, niche specialist operating in a regulated recurring-revenue market where annual audit requirements create structural demand for its services.
Lee CPA Audit Group firmographics
Firmographics- Name
- Lee CPA Audit Group
- Legal name
- Lee CPA Audit Group
- Website
- https://leecpagroup.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Lee CPA Audit Group is a Sacramento, California-based CPA firm that specializes exclusively in 401(k) and qualified retirement plan audits for plan sponsors and TPAs across the West Coast, using a fixed-fee pricing model and a proprietary cloud-based audit platform.
- Ownership category
- akta.pro rank
Where Lee CPA Audit Group is headquartered
LocationHeadquarters
- HQ city
- Sacramento
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Lee CPA Audit Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- 401(k) Plan Audit Services: Fixed fee structure for annual audit services based on plan's number of participants. One-time professional services revenue per audit engagement. Additional fees assessed for special circumstances such as first-time audits, Non-ERISA Section 103(a)(3)(c) audits, custodian/payroll changes, prevailing wage plans, or major operational defects requiring correction.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | 100-499 participants: $12,000 flat fee |
| Other | Multi-year contract | 500+ participants: Contact for pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Lee CPA Audit Group product offering
Product offeringCore offering
Lee CPA Audit Group is a specialty CPA firm that performs annual audits of 401(k) and other employee benefit plans on a fixed-fee basis. Audits are executed primarily off-site using the firm's cloud-based secure document portal and audit analytics software, with engagements completed in as little as 21 days and year-round availability outside tax season.
Product overview
Lee CPA Audit Group is a specialty CPA firm offering a unified portfolio of employee benefit plan audit services, with 401(k) Plan Audit Services as the core product. The firm provides a comprehensive suite of audit services including 403(b), profit sharing, ESOP, money purchase, defined benefit pension, and health & welfare plan audits. All services are delivered through a proprietary cloud-based secure document portal that combines dynamic PBC lists, assignment workflow, and secure file hosting to enable efficient, organized, off-site engagements with real-time visibility into the document collection process.
Differentiator
Problem solved
Functional benefit
Products and services
- 401(k) Plan Audit Services Comprehensive annual audits of 401(k) retirement plans for plan sponsors, performed off-site with minimal disruption, flat-fee pricing, and turnaround times as fast as 21 days. This is the firm's core service, required for plans with 100+ eligible participants under ERISA.
- 403(b) Plan Audit Services Audit services for 403(b) tax-sheltered annuity plans offered by public schools and certain nonprofit organizations, delivered under the firm's specialized benefit plan audit practice.
- Profit Sharing Plan Audit Services Audit services for profit-sharing retirement plans in which employer contributions vary based on company profitability, delivered as a stand-alone audit engagement.
- ESOP Plan Audit Services Audit services for Employee Stock Ownership Plans (ESOPs) that hold company stock for employees, delivered under the firm's specialty benefit plan audit practice.
- Money Purchase Plan Audit Services Audit services for money purchase pension plans that require fixed annual employer contributions, performed as a specialty engagement by the firm.
- Defined Benefit Pension Plan Audit Services Audit services for traditional defined benefit pension plans providing guaranteed retirement benefits based on salary and years of service, delivered as a specialized audit engagement.
- Health & Welfare Plan Audit Services Audit services for health and welfare benefit plans including medical, dental, vision, and other employee benefit programs, delivered under the firm's specialty benefit plan audit practice.
Quantifiable outcome
- 40% cost reduction compared to previous year's fees from other firms
- +2 more outcomes
Companies that use Lee CPA Audit Group
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Lee CPA Audit Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Lee CPA Audit Group partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights4 records
Lee CPA Audit Group competitors and assessment
Company assessmentBroad incumbents
- Moss Adams: Top-15 U.S. CPA firm with a dedicated Employee Benefit Plan practice serving plan sponsors with 100+ participants. Comparable because it audits 401(k), defined benefit, and health & welfare plans and competes for the same mid-market plan sponsor RFPs Lee CPA targets.
- Plante Moran: Top-20 U.S. CPA firm with a dedicated EBP audit group. Comparable as a broad-line incumbent offering employee benefit plan audits among a wide service portfolio, competing with Lee CPA for mid-market plan sponsors seeking specialized audit expertise.
- Withum: Mid-Atlantic-based CPA firm widely recognized for its Employee Benefit Plan audit practice. Comparable because it is among the most active non-Big 4 firms in EBP audits and competes for the same niche of mid-market plan sponsors.
- CliftonLarsonAllen (CLA): Top-10 U.S. CPA firm with a dedicated EBP audit practice serving retirement plan sponsors. Comparable as a large incumbent offering specialized benefit plan audits as part of a broader advisory portfolio, competing with Lee CPA on flat-fee and specialized delivery.
- FORVIS: Top-10 U.S. CPA firm formed from the BKD/Dixon Hughes merger, with an active EBP audit practice. Comparable as a broad-line incumbent competing for retirement plan audit engagements in the mid-market segment Lee CPA serves.
- BDO USA: Top-10 U.S. CPA firm with an Employee Benefit Plan audit practice serving mid-market and large plan sponsors. Comparable as a broad incumbent offering specialized EBP audits alongside broader assurance and advisory services.
- Crowe: Top-10 U.S. CPA firm with an established Employee Benefit Plan audit practice. Comparable as a broad-line incumbent competing for retirement plan audit engagements with similar credentialing standards (AICPA EBP Quality Center participation).
- KPMG: Big 4 firm with an Employee Benefit Plan audit practice and the firm where Lee CPA's founder spent 12 years. Comparable as a large incumbent competing for larger plan audit engagements; also informs Lee CPA's positioning as 'Big 4 expertise at boutique pricing.'
Direct peers
- Eide Bailly: Top-25 U.S. CPA firm with one of the largest dedicated Employee Benefit Plan audit practices in the country. Comparable as a direct competitor in specialized EBP audit services for mid-market plan sponsors, with similar credentialing focus (AICPA Quality Center membership).
- Wipfli: Top-25 U.S. CPA firm with a notable Employee Benefit Plan audit specialty group. Comparable as a mid-sized competitor with dedicated EBP audit expertise, pursuing similar plan sponsor clients with regional and national footprints.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Lee CPA Audit Group social profiles
Digital presenceLee CPA Audit Group compliance and trust
Trust signalCompliance6 records
Lee CPA Audit Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lee CPA Audit Group leadership team
Management profileNumber of profiles
Profiles1 record
Lee CPA Audit Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lee CPA Audit Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lee CPA Audit Group
What does Lee CPA Audit Group do?
Lee CPA Audit Group is a specialty CPA firm that performs annual audits of 401(k) and other employee benefit plans on a fixed-fee basis. Audits are executed primarily off-site using the firm's cloud-based secure document portal and audit analytics software, with engagements completed in as little as 21 days and year-round availability outside tax season.
Is Lee CPA Audit Group a public or private company?
Lee CPA Audit Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Lee CPA Audit Group founded?
Lee CPA Audit Group was founded in -1. It employs 11 to 50 people.
Where is Lee CPA Audit Group based?
Lee CPA Audit Group is headquartered in Sacramento, United States, in the North America region.
How does Lee CPA Audit Group make money?
One revenue line is on record: 401(k) Plan Audit Services.
Who are Lee CPA Audit Group's main competitors?
Broad incumbents on record are Moss Adams, Plante Moran, Withum, CliftonLarsonAllen (CLA), FORVIS, BDO USA, Crowe and KPMG. Direct peers are Eide Bailly and Wipfli.
Does Lee CPA Audit Group have an API?
No public API is recorded for Lee CPA Audit Group.