Altisource Employees' Savings Plan — Form 5500 plan (Altisource Portfolio Solutions, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Altisource Employees' Savings Plan is a benefit plan reported by Altisource Portfolio Solutions, Inc. under EIN 05-0539094 and plan number 001. The latest loaded filing year is 2023. The filing reports 674 participants and $35,609,954 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$35.6MPlan net assets, end of year$35,609,954
Participants674Covered participants reported
Assets / participant$52.8KComputed: assets ÷ participants$52,834 (computed)
Provider compensation$80.7K3 Schedule C provider row(s)$80,671
Plan sponsor
Altisource Portfolio Solutions, Inc.
EIN
05-0539094
Plan number
001
Plan type
2
Location
Atlanta, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023674H, C20241014025030NAL0050941026001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$35.6M total assets
Net assets$35.6MLiabilities$0
Money in vs. money out
Total income / additions$7.7M
Total expenses$5.4M
Benefits paid / distributions$5.3M
Contributions
Employer$1.1K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$35,609,954
Total liabilities (EOY)
$0
Net assets (EOY)
$35,609,954
Net assets (BOY)
$33,355,111

Income & contributions

Employer contributions
$1,058
Participant contributions
$1,340,054
Total contributions
$1,513,512
Total income / additions
$7,670,305

Expenses & distributions

Benefits paid
$5,277,337
Administrative expenses
$80,671
Total expenses
$5,415,462
Net increase / (decrease)
$2,254,843
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income69%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Gallagher Fiduciary Advisors, LLCCONSULTANT$40,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$29,671$02023
Atlas Cpas & Advisors, PllcACCOUNTANT$11,000not reported in the loaded dataset2023

Related Form 5500 pages