Ocwen Financial 401(K) Savings Plan — Form 5500 plan (Ocwen Financial Corporation)
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, Ocwen Financial 401(K) Savings Plan is a benefit plan reported by Ocwen Financial Corporation under EIN 65-0039856 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,388 participants and $314,667,101 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ocwen Financial Corporation
- EIN
- 65-0039856
- Plan number
- 001
- Plan type
- 2
- Location
- West Palm Beach, FL
- Latest filing year
- 2023
- Participants
- 3,388
- End-of-year plan assets
- $314,667,101
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,388 | H, C | 20240913130759NAL0005990403001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $314,667,101
- Total liabilities (EOY)
- $31,113
- Net assets (EOY)
- $314,635,988
- Net assets (BOY)
- $292,102,737
Income & contributions
- Employer contributions
- $2,523,309
- Participant contributions
- $7,214,691
- Total contributions
- $11,506,640
- Total income / additions
- $62,435,841
Expenses & distributions
- Benefits paid
- $39,795,152
- Administrative expenses
- $156,007
- Total expenses
- $39,902,590
- Net increase / (decrease)
- $22,533,251
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $159,739 | $0 | 2023 |
| Nfp Retirement, Inc. | CONSULTANT | $75,000 | not reported in the loaded dataset | 2023 |
| Baker Tilly Us, Llp | CONSULTANT | $27,575 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ocwen Financial Corporation
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in West Palm Beach, FL
- Merrill Lynch, Pierce, Fenner And S — Schedule C compensation
- Nfp Retirement, Inc. — Schedule C compensation
- Baker Tilly Us, Llp — Schedule C compensation