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OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 401k Plan overview

Plan NameOCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN
Plan identification number 001

OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ONITY GROUP INC. has sponsored the creation of one or more 401k plans.

Company Name:ONITY GROUP INC.
Employer identification number (EIN):650039856
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about ONITY GROUP INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1991-08-22
Company Identification Number: S75556
Legal Registered Office Address: 1201 HAYS STREET

TALLAHASSEE

32301

More information about ONITY GROUP INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-01SANJAY VARMA
0012017-01-01
0012016-01-01
0012016-01-01
0012016-01-01 SEAN DAVIS2020-10-28
0012015-01-01SANJAY VARMA
0012015-01-01
0012014-01-01SANJAY VARMA
0012014-01-01SANJAY VARMA
0012013-01-01ROBYN G. SEGADY
0012012-01-01JOHN V. BRITTI
0012011-01-01JOHN V. BRITTI
0012010-01-01JOHN VANVLACK
0012009-01-01JOHN VANVLACK

Plan Statistics for OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN

401k plan membership statisitcs for OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN

Measure Date Value
2023: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-013,388
Total number of active participants reported on line 7a of the Form 55002023-01-011,114
Number of retired or separated participants receiving benefits2023-01-0127
Number of other retired or separated participants entitled to future benefits2023-01-011,749
Total of all active and inactive participants2023-01-012,890
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-0120
Total participants2023-01-012,910
Number of participants with account balances2023-01-012,863
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013,996
Total number of active participants reported on line 7a of the Form 55002022-01-011,326
Number of retired or separated participants receiving benefits2022-01-0127
Number of other retired or separated participants entitled to future benefits2022-01-012,004
Total of all active and inactive participants2022-01-013,357
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0117
Total participants2022-01-013,374
Number of participants with account balances2022-01-013,332
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-013,741
Total number of active participants reported on line 7a of the Form 55002021-01-011,979
Number of retired or separated participants receiving benefits2021-01-0129
Number of other retired or separated participants entitled to future benefits2021-01-011,932
Total of all active and inactive participants2021-01-013,940
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0110
Total participants2021-01-013,950
Number of participants with account balances2021-01-013,863
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013,883
Total number of active participants reported on line 7a of the Form 55002020-01-011,470
Number of retired or separated participants receiving benefits2020-01-0157
Number of other retired or separated participants entitled to future benefits2020-01-012,204
Total of all active and inactive participants2020-01-013,731
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0110
Total participants2020-01-013,741
Number of participants with account balances2020-01-013,610
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,562
Total number of active participants reported on line 7a of the Form 55002019-01-011,442
Number of retired or separated participants receiving benefits2019-01-0111
Number of other retired or separated participants entitled to future benefits2019-01-012,420
Total of all active and inactive participants2019-01-013,873
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0110
Total participants2019-01-013,883
Number of participants with account balances2019-01-013,770
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-013,018
Total number of active participants reported on line 7a of the Form 55002018-01-011,674
Number of retired or separated participants receiving benefits2018-01-014
Number of other retired or separated participants entitled to future benefits2018-01-01874
Total of all active and inactive participants2018-01-012,552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0110
Total participants2018-01-012,562
Number of participants with account balances2018-01-012,077
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-013,756
Total number of active participants reported on line 7a of the Form 55002017-01-012,041
Number of retired or separated participants receiving benefits2017-01-019
Number of other retired or separated participants entitled to future benefits2017-01-01963
Total of all active and inactive participants2017-01-013,013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-015
Total participants2017-01-013,018
Number of participants with account balances2017-01-012,376
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-014,185
Total number of active participants reported on line 7a of the Form 55002016-01-012,704
Number of retired or separated participants receiving benefits2016-01-014
Number of other retired or separated participants entitled to future benefits2016-01-011,045
Total of all active and inactive participants2016-01-013,753
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-013
Total participants2016-01-013,756
Number of participants with account balances2016-01-012,828
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014,494
Total number of active participants reported on line 7a of the Form 55002015-01-012,907
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011,278
Total of all active and inactive participants2015-01-014,185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014,185
Number of participants with account balances2015-01-013,032
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0134
2014: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-013,998
Total number of active participants reported on line 7a of the Form 55002014-01-012,722
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011,174
Total of all active and inactive participants2014-01-013,896
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-013,896
Number of participants with account balances2014-01-013,114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0151
2013: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011,012
Total number of active participants reported on line 7a of the Form 55002013-01-012,923
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01565
Total of all active and inactive participants2013-01-013,488
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-013,488
Number of participants with account balances2013-01-012,810
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0147
2012: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01700
Total number of active participants reported on line 7a of the Form 55002012-01-01363
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01330
Total of all active and inactive participants2012-01-01693
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01693
Number of participants with account balances2012-01-01560
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01596
Total number of active participants reported on line 7a of the Form 55002011-01-01218
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01358
Total of all active and inactive participants2011-01-01576
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01576
Number of participants with account balances2011-01-01512
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01689
Total number of active participants reported on line 7a of the Form 55002010-01-01269
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01363
Total of all active and inactive participants2010-01-01632
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01632
Number of participants with account balances2010-01-01538
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01875
Total number of active participants reported on line 7a of the Form 55002009-01-01237
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01387
Total of all active and inactive participants2009-01-01624
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01624
Number of participants with account balances2009-01-01541
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN

Measure Date Value
2023 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$0
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets to this plan2023-12-31$0
Total transfer of assets from this plan2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$31,113
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$188,738
Expenses. Interest paid2023-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022023-12-31$0
Total income from all sources (including contributions)2023-12-31$62,435,841
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$39,902,590
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$39,795,152
Expenses. Certain deemed distributions of participant loans2023-12-31$-48,569
Value of total corrective distributions2023-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$11,506,640
Value of total assets at end of year2023-12-31$314,667,101
Value of total assets at beginning of year2023-12-31$292,291,475
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$156,007
Total interest from all sources2023-12-31$125,973
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$6,017,843
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$6,017,843
Assets. Real estate other than employer real property at end of year2023-12-31$0
Assets. Real estate other than employer real property at beginning of year2023-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2023-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2023-12-31$0
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$7,214,691
Participant contributions at end of year2023-12-31$2,052,397
Participant contributions at beginning of year2023-12-31$2,272,000
Participant contributions at end of year2023-12-31$0
Participant contributions at beginning of year2023-12-31$0
Assets. Other investments not covered elsewhere at end of year2023-12-31$5,464
Assets. Other investments not covered elsewhere at beginning of year2023-12-31$3,287
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$1,768,640
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2023-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$0
Assets. Loans (other than to participants) at end of year2023-12-31$0
Assets. Loans (other than to participants) at beginning of year2023-12-31$0
Other income not declared elsewhere2023-12-31$0
Administrative expenses (other) incurred2023-12-31$0
Total non interest bearing cash at end of year2023-12-31$1,335
Total non interest bearing cash at beginning of year2023-12-31$1,620
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Income. Non cash contributions2023-12-31$0
Value of net income/loss2023-12-31$22,533,251
Value of net assets at end of year (total assets less liabilities)2023-12-31$314,635,988
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$292,102,737
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Assets. partnership/joint venture interests at end of year2023-12-31$0
Assets. partnership/joint venture interests at beginning of year2023-12-31$0
Investment advisory and management fees2023-12-31$75,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$254,157,978
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$208,039,683
Interest on participant loans2023-12-31$123,797
Interest earned on other investments2023-12-31$0
Income. Interest from US Government securities2023-12-31$0
Income. Interest from corporate debt instruments2023-12-31$0
Value of interest in common/collective trusts at end of year2023-12-31$58,328,772
Value of interest in common/collective trusts at beginning of year2023-12-31$81,753,541
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$69,408
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$137,657
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$137,657
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$2,176
Asset value of US Government securities at end of year2023-12-31$0
Asset value of US Government securities at beginning of year2023-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$31,081,183
Net investment gain/loss from pooled separate accounts2023-12-31$0
Net investment gain or loss from common/collective trusts2023-12-31$13,704,202
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$0
Assets. Invements in employer securities at beginning of year2023-12-31$0
Contributions received in cash from employer2023-12-31$2,523,309
Employer contributions (assets) at end of year2023-12-31$51,747
Employer contributions (assets) at beginning of year2023-12-31$83,687
Income. Dividends from preferred stock2023-12-31$0
Income. Dividends from common stock2023-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$39,795,152
Asset. Corporate debt instrument preferred debt at end of year2023-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2023-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2023-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2023-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2023-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2023-12-31$0
Liabilities. Value of benefit claims payable at end of year2023-12-31$31,113
Liabilities. Value of benefit claims payable at beginning of year2023-12-31$188,738
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Aggregate proceeds on sale of assets2023-12-31$0
Aggregate carrying amount (costs) on sale of assets2023-12-31$0
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31BAKER TILLY US, LLP
Accountancy firm EIN2023-12-31301413443
2022 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$0
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$0
Total transfer of assets from this plan2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$188,738
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$606,746
Expenses. Interest paid2022-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022022-12-31$0
Total income from all sources (including contributions)2022-12-31$-51,653,856
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$29,163,900
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$28,942,089
Expenses. Certain deemed distributions of participant loans2022-12-31$-2,988
Value of total corrective distributions2022-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$14,199,121
Value of total assets at end of year2022-12-31$292,291,475
Value of total assets at beginning of year2022-12-31$373,527,239
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$224,799
Total interest from all sources2022-12-31$124,308
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$5,485,111
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$5,485,111
Assets. Real estate other than employer real property at end of year2022-12-31$0
Assets. Real estate other than employer real property at beginning of year2022-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$9,498,841
Participant contributions at end of year2022-12-31$2,272,000
Participant contributions at beginning of year2022-12-31$2,895,134
Participant contributions at end of year2022-12-31$0
Assets. Other investments not covered elsewhere at end of year2022-12-31$3,287
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$2,695
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,661,168
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Assets. Loans (other than to participants) at end of year2022-12-31$0
Assets. Loans (other than to participants) at beginning of year2022-12-31$0
Administrative expenses (other) incurred2022-12-31$224,799
Total non interest bearing cash at end of year2022-12-31$1,620
Total non interest bearing cash at beginning of year2022-12-31$1,340
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Income. Non cash contributions2022-12-31$0
Value of net income/loss2022-12-31$-80,817,756
Value of net assets at end of year (total assets less liabilities)2022-12-31$292,102,737
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$372,920,493
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Assets. partnership/joint venture interests at end of year2022-12-31$0
Assets. partnership/joint venture interests at beginning of year2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$208,039,683
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$260,311,363
Interest on participant loans2022-12-31$123,716
Income. Interest from loans (other than to participants)2022-12-31$0
Interest earned on other investments2022-12-31$0
Income. Interest from US Government securities2022-12-31$0
Income. Interest from corporate debt instruments2022-12-31$0
Value of interest in common/collective trusts at end of year2022-12-31$81,753,541
Value of interest in common/collective trusts at beginning of year2022-12-31$109,649,732
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$137,657
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$606,764
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$606,764
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$592
Asset value of US Government securities at end of year2022-12-31$0
Asset value of US Government securities at beginning of year2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-51,266,426
Net investment gain/loss from pooled separate accounts2022-12-31$0
Net investment gain or loss from common/collective trusts2022-12-31$-20,195,970
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$0
Assets. Invements in employer securities at beginning of year2022-12-31$0
Contributions received in cash from employer2022-12-31$3,039,112
Employer contributions (assets) at end of year2022-12-31$83,687
Employer contributions (assets) at beginning of year2022-12-31$60,211
Income. Dividends from preferred stock2022-12-31$0
Income. Dividends from common stock2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$28,942,089
Asset. Corporate debt instrument preferred debt at end of year2022-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2022-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$0
Liabilities. Value of benefit claims payable at end of year2022-12-31$188,738
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$606,746
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$0
Aggregate carrying amount (costs) on sale of assets2022-12-31$0
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BAKER TILLY US, LLP
Accountancy firm EIN2022-12-31390859910
2021 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$0
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$606,746
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$195,506
Expenses. Interest paid2021-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-12-31$0
Total income from all sources (including contributions)2021-12-31$64,039,813
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$40,056,989
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$39,780,139
Expenses. Certain deemed distributions of participant loans2021-12-31$75,063
Value of total corrective distributions2021-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$13,332,534
Value of total assets at end of year2021-12-31$373,527,239
Value of total assets at beginning of year2021-12-31$349,133,175
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$201,787
Total interest from all sources2021-12-31$144,831
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$10,864,966
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$10,864,966
Assets. Real estate other than employer real property at end of year2021-12-31$0
Assets. Real estate other than employer real property at beginning of year2021-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2021-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2021-12-31$0
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$8,922,903
Participant contributions at end of year2021-12-31$2,895,134
Participant contributions at beginning of year2021-12-31$3,231,608
Assets. Other investments not covered elsewhere at end of year2021-12-31$2,695
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$2,683
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,607,968
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Assets. Loans (other than to participants) at end of year2021-12-31$0
Assets. Loans (other than to participants) at beginning of year2021-12-31$0
Other income not declared elsewhere2021-12-31$16,585
Administrative expenses (other) incurred2021-12-31$201,787
Total non interest bearing cash at end of year2021-12-31$1,340
Total non interest bearing cash at beginning of year2021-12-31$900
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Income. Non cash contributions2021-12-31$0
Value of net income/loss2021-12-31$23,982,824
Value of net assets at end of year (total assets less liabilities)2021-12-31$372,920,493
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$348,937,669
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Assets. partnership/joint venture interests at end of year2021-12-31$0
Assets. partnership/joint venture interests at beginning of year2021-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$260,311,363
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$259,826,468
Interest on participant loans2021-12-31$144,819
Interest earned on other investments2021-12-31$0
Income. Interest from US Government securities2021-12-31$0
Income. Interest from corporate debt instruments2021-12-31$0
Value of interest in common/collective trusts at end of year2021-12-31$109,649,732
Value of interest in common/collective trusts at beginning of year2021-12-31$85,759,596
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$606,764
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$195,606
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$195,606
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$12
Asset value of US Government securities at end of year2021-12-31$0
Asset value of US Government securities at beginning of year2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$30,290,064
Net investment gain/loss from pooled separate accounts2021-12-31$0
Net investment gain or loss from common/collective trusts2021-12-31$9,390,833
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$0
Assets. Invements in employer securities at beginning of year2021-12-31$0
Contributions received in cash from employer2021-12-31$2,801,663
Employer contributions (assets) at end of year2021-12-31$60,211
Employer contributions (assets) at beginning of year2021-12-31$116,314
Income. Dividends from preferred stock2021-12-31$0
Income. Dividends from common stock2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$39,780,139
Asset. Corporate debt instrument preferred debt at end of year2021-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2021-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2021-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2021-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$0
Liabilities. Value of benefit claims payable at end of year2021-12-31$606,746
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$195,506
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$0
Aggregate carrying amount (costs) on sale of assets2021-12-31$0
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BAKER TILLY US, LLP
Accountancy firm EIN2021-12-31390859910
2020 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$0
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$195,506
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$504,764
Expenses. Interest paid2020-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-12-31$0
Total income from all sources (including contributions)2020-12-31$57,781,170
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$57,084,542
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$56,902,042
Expenses. Certain deemed distributions of participant loans2020-12-31$-29,009
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$11,439,962
Value of total assets at end of year2020-12-31$349,133,175
Value of total assets at beginning of year2020-12-31$348,745,805
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$211,509
Total interest from all sources2020-12-31$178,282
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$5,247,468
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$5,247,468
Assets. Real estate other than employer real property at end of year2020-12-31$0
Assets. Real estate other than employer real property at beginning of year2020-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2020-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$7,721,513
Participant contributions at end of year2020-12-31$3,231,608
Participant contributions at beginning of year2020-12-31$3,859,843
Assets. Other investments not covered elsewhere at end of year2020-12-31$2,683
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$1,040,484
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Assets. Loans (other than to participants) at end of year2020-12-31$0
Assets. Loans (other than to participants) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$26,331
Total non interest bearing cash at end of year2020-12-31$900
Total non interest bearing cash at beginning of year2020-12-31$2,025
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Income. Non cash contributions2020-12-31$0
Value of net income/loss2020-12-31$696,628
Value of net assets at end of year (total assets less liabilities)2020-12-31$348,937,669
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$348,241,041
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Assets. partnership/joint venture interests at end of year2020-12-31$0
Assets. partnership/joint venture interests at beginning of year2020-12-31$0
Investment advisory and management fees2020-12-31$211,509
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$259,826,468
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$263,617,184
Interest on participant loans2020-12-31$177,993
Interest earned on other investments2020-12-31$0
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest in common/collective trusts at end of year2020-12-31$85,759,596
Value of interest in common/collective trusts at beginning of year2020-12-31$80,720,219
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$195,606
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$507,401
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$507,401
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$289
Asset value of US Government securities at end of year2020-12-31$0
Asset value of US Government securities at beginning of year2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$29,323,678
Net investment gain/loss from pooled separate accounts2020-12-31$0
Net investment gain or loss from common/collective trusts2020-12-31$11,565,449
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$0
Assets. Invements in employer securities at beginning of year2020-12-31$0
Contributions received in cash from employer2020-12-31$2,677,965
Employer contributions (assets) at end of year2020-12-31$116,314
Employer contributions (assets) at beginning of year2020-12-31$39,133
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$56,902,042
Asset. Corporate debt instrument preferred debt at end of year2020-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2020-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2020-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2020-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$0
Liabilities. Value of benefit claims payable at end of year2020-12-31$195,506
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$504,764
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$0
Aggregate carrying amount (costs) on sale of assets2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BDO USA, LLP
Accountancy firm EIN2020-12-31135381590
2019 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$248,704,698
Total transfer of assets from this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Expenses. Interest paid2019-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$0
Total income from all sources (including contributions)2019-12-31$47,069,743
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$50,646,621
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$50,343,700
Expenses. Certain deemed distributions of participant loans2019-12-31$57,155
Value of total corrective distributions2019-12-31$66,484
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$11,748,153
Value of total assets at end of year2019-12-31$348,678,526
Value of total assets at beginning of year2019-12-31$103,550,706
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$179,282
Total interest from all sources2019-12-31$173,452
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$13,757,339
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$13,757,339
Assets. Real estate other than employer real property at end of year2019-12-31$0
Assets. Real estate other than employer real property at beginning of year2019-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2019-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$7,848,580
Participant contributions at end of year2019-12-31$3,831,697
Participant contributions at beginning of year2019-12-31$2,376,993
Assets. Other investments not covered elsewhere at end of year2019-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$650,437
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Assets. Loans (other than to participants) at end of year2019-12-31$0
Assets. Loans (other than to participants) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$66,484
Other income not declared elsewhere2019-12-31$79,900
Administrative expenses (other) incurred2019-12-31$179,282
Total non interest bearing cash at end of year2019-12-31$2,025
Total non interest bearing cash at beginning of year2019-12-31$1,035
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Income. Non cash contributions2019-12-31$0
Value of net income/loss2019-12-31$-3,576,878
Value of net assets at end of year (total assets less liabilities)2019-12-31$348,678,526
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$103,550,706
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Assets. partnership/joint venture interests at end of year2019-12-31$0
Assets. partnership/joint venture interests at beginning of year2019-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$263,617,184
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$98,187,116
Interest on participant loans2019-12-31$171,575
Interest earned on other investments2019-12-31$0
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Value of interest in common/collective trusts at end of year2019-12-31$80,720,219
Value of interest in common/collective trusts at beginning of year2019-12-31$2,941,917
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$507,401
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$43,645
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$43,645
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$1,877
Asset value of US Government securities at end of year2019-12-31$0
Asset value of US Government securities at beginning of year2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$17,934,674
Net investment gain/loss from pooled separate accounts2019-12-31$0
Net investment gain or loss from common/collective trusts2019-12-31$3,376,225
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$0
Assets. Invements in employer securities at beginning of year2019-12-31$0
Contributions received in cash from employer2019-12-31$3,249,136
Employer contributions (assets) at end of year2019-12-31$39,133
Employer contributions (assets) at beginning of year2019-12-31$193,248
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$50,343,700
Asset. Corporate debt instrument preferred debt at end of year2019-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2019-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$0
Liabilities. Value of benefit claims payable at end of year2019-12-31$504,764
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$43,077
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BDO USA, LLP
Accountancy firm EIN2019-12-31135381590
2018 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$0
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$0
Total transfer of assets from this plan2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Expenses. Interest paid2018-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$0
Total income from all sources (including contributions)2018-12-31$2,189,070
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$24,458,829
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$23,597,039
Expenses. Certain deemed distributions of participant loans2018-12-31$688,803
Value of total corrective distributions2018-12-31$17,795
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$10,400,516
Value of total assets at end of year2018-12-31$103,550,706
Value of total assets at beginning of year2018-12-31$125,820,465
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$155,192
Total interest from all sources2018-12-31$109,511
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$5,523,349
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$5,523,349
Assets. Real estate other than employer real property at end of year2018-12-31$0
Assets. Real estate other than employer real property at beginning of year2018-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2018-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$7,839,856
Participant contributions at end of year2018-12-31$2,376,993
Participant contributions at beginning of year2018-12-31$2,541,468
Assets. Other investments not covered elsewhere at end of year2018-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$284,713
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Assets. Loans (other than to participants) at end of year2018-12-31$0
Assets. Loans (other than to participants) at beginning of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$66,484
Other income not declared elsewhere2018-12-31$27,961
Administrative expenses (other) incurred2018-12-31$155,192
Total non interest bearing cash at end of year2018-12-31$1,035
Total non interest bearing cash at beginning of year2018-12-31$1,444
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Income. Non cash contributions2018-12-31$0
Value of net income/loss2018-12-31$-22,269,759
Value of net assets at end of year (total assets less liabilities)2018-12-31$103,550,706
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$125,820,465
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Assets. partnership/joint venture interests at end of year2018-12-31$0
Assets. partnership/joint venture interests at beginning of year2018-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$98,187,116
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$121,289,275
Interest on participant loans2018-12-31$109,090
Interest earned on other investments2018-12-31$0
Income. Interest from US Government securities2018-12-31$0
Income. Interest from corporate debt instruments2018-12-31$0
Value of interest in common/collective trusts at end of year2018-12-31$2,941,917
Value of interest in common/collective trusts at beginning of year2018-12-31$1,808,206
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$43,645
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$180,072
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$180,072
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$421
Asset value of US Government securities at end of year2018-12-31$0
Asset value of US Government securities at beginning of year2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-13,915,175
Net investment gain/loss from pooled separate accounts2018-12-31$0
Net investment gain or loss from common/collective trusts2018-12-31$42,908
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$0
Assets. Invements in employer securities at beginning of year2018-12-31$0
Contributions received in cash from employer2018-12-31$2,275,947
Employer contributions (assets) at end of year2018-12-31$193,248
Employer contributions (assets) at beginning of year2018-12-31$106,865
Income. Dividends from preferred stock2018-12-31$0
Income. Dividends from common stock2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$23,597,039
Asset. Corporate debt instrument preferred debt at end of year2018-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2018-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$0
Liabilities. Value of benefit claims payable at end of year2018-12-31$43,077
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$179,754
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$0
Aggregate carrying amount (costs) on sale of assets2018-12-31$0
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BDO USA, LLP
Accountancy firm EIN2018-12-31135381590
2017 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$0
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$0
Total transfer of assets from this plan2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Expenses. Interest paid2017-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-12-31$0
Total income from all sources (including contributions)2017-12-31$33,329,688
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$15,900,002
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$15,141,057
Expenses. Certain deemed distributions of participant loans2017-12-31$466,112
Value of total corrective distributions2017-12-31$152,851
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$13,595,599
Value of total assets at end of year2017-12-31$125,820,465
Value of total assets at beginning of year2017-12-31$108,390,779
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$139,982
Total interest from all sources2017-12-31$122,708
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$4,769,901
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$4,769,901
Assets. Real estate other than employer real property at end of year2017-12-31$0
Assets. Real estate other than employer real property at beginning of year2017-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$10,073,489
Participant contributions at end of year2017-12-31$2,541,468
Participant contributions at beginning of year2017-12-31$3,013,987
Participant contributions at end of year2017-12-31$0
Participant contributions at beginning of year2017-12-31$343,510
Assets. Other investments not covered elsewhere at end of year2017-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$910,438
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Assets. Loans (other than to participants) at end of year2017-12-31$0
Assets. Loans (other than to participants) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$33,904
Administrative expenses (other) incurred2017-12-31$139,982
Total non interest bearing cash at end of year2017-12-31$1,444
Total non interest bearing cash at beginning of year2017-12-31$2,400
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Income. Non cash contributions2017-12-31$0
Value of net income/loss2017-12-31$17,429,686
Value of net assets at end of year (total assets less liabilities)2017-12-31$125,820,465
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$108,390,779
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Assets. partnership/joint venture interests at end of year2017-12-31$0
Assets. partnership/joint venture interests at beginning of year2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$121,289,275
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$104,041,692
Value of interest in pooled separate accounts at beginning of year2017-12-31$0
Interest on participant loans2017-12-31$122,612
Interest earned on other investments2017-12-31$0
Income. Interest from US Government securities2017-12-31$0
Income. Interest from corporate debt instruments2017-12-31$0
Value of interest in common/collective trusts at end of year2017-12-31$1,808,206
Value of interest in common/collective trusts at beginning of year2017-12-31$1,314,098
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$180,072
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$18,602
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$18,602
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$96
Asset value of US Government securities at end of year2017-12-31$0
Asset value of US Government securities at beginning of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$14,783,133
Net investment gain/loss from pooled separate accounts2017-12-31$0
Net investment gain or loss from common/collective trusts2017-12-31$24,443
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$0
Assets. Invements in employer securities at beginning of year2017-12-31$0
Contributions received in cash from employer2017-12-31$2,611,672
Employer contributions (assets) at end of year2017-12-31$106,865
Employer contributions (assets) at beginning of year2017-12-31$0
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$15,141,057
Asset. Corporate debt instrument preferred debt at end of year2017-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2017-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$0
Liabilities. Value of benefit claims payable at end of year2017-12-31$179,754
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$0
Aggregate carrying amount (costs) on sale of assets2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ALONSO CPA PA
Accountancy firm EIN2017-12-31261230922
2016 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$0
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total transfer of assets from this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Expenses. Interest paid2016-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$0
Total income from all sources (including contributions)2016-12-31$8,407,749
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$5,820,082
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$5,412,418
Expenses. Certain deemed distributions of participant loans2016-12-31$396,099
Value of total corrective distributions2016-12-31$4,565
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,261,969
Value of total assets at end of year2016-12-31$108,390,779
Value of total assets at beginning of year2016-12-31$105,803,112
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$7,000
Total interest from all sources2016-12-31$26,702
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$2,015,488
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$2,015,488
Assets. Real estate other than employer real property at end of year2016-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,728,115
Participant contributions at end of year2016-12-31$3,013,987
Participant contributions at beginning of year2016-12-31$3,362,329
Participant contributions at end of year2016-12-31$343,510
Assets. Other investments not covered elsewhere at end of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$149,916
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Assets. Loans (other than to participants) at end of year2016-12-31$0
Other income not declared elsewhere2016-12-31$4,018,628
Administrative expenses (other) incurred2016-12-31$7,000
Total non interest bearing cash at end of year2016-12-31$2,400
Total non interest bearing cash at beginning of year2016-12-31$3,606
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$2,587,667
Value of net assets at end of year (total assets less liabilities)2016-12-31$108,390,779
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$105,803,112
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$0
Investment advisory and management fees2016-12-31$89,196
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$104,041,692
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$530,911
Value of interest in pooled separate accounts at end of year2016-12-31$0
Value of interest in pooled separate accounts at beginning of year2016-12-31$101,835,444
Interest on participant loans2016-12-31$26,702
Interest earned on other investments2016-12-31$0
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Value of interest in common/collective trusts at end of year2016-12-31$1,314,098
Value of interest in common/collective trusts at beginning of year2016-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$18,602
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Asset value of US Government securities at end of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$82,984
Net investment gain/loss from pooled separate accounts2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$1,978
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$0
Contributions received in cash from employer2016-12-31$383,938
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$70,822
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$5,412,418
Asset. Corporate debt instrument preferred debt at end of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$0
Contract administrator fees2016-12-31$48,265
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$0
Aggregate carrying amount (costs) on sale of assets2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31ALONSO CPA PA
Accountancy firm EIN2016-12-31261230922
2015 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$15,860,102
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$22,932,324
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$22,724,423
Expenses. Certain deemed distributions of participant loans2015-12-31$15,120
Value of total corrective distributions2015-12-31$2,850
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$16,422,694
Value of total assets at end of year2015-12-31$105,803,112
Value of total assets at beginning of year2015-12-31$112,875,334
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$189,931
Total interest from all sources2015-12-31$496,413
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$65,517
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$10,601,808
Participant contributions at end of year2015-12-31$3,362,329
Participant contributions at beginning of year2015-12-31$3,213,459
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$3,058,699
Other income not declared elsewhere2015-12-31$1,147
Administrative expenses (other) incurred2015-12-31$124,414
Total non interest bearing cash at end of year2015-12-31$3,606
Total non interest bearing cash at beginning of year2015-12-31$593,280
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-7,072,222
Value of net assets at end of year (total assets less liabilities)2015-12-31$105,803,112
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$112,875,334
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$101,835,444
Value of interest in pooled separate accounts at beginning of year2015-12-31$107,746,120
Interest on participant loans2015-12-31$137,785
Interest earned on other investments2015-12-31$358,628
Value of interest in common/collective trusts at end of year2015-12-31$0
Value of interest in common/collective trusts at beginning of year2015-12-31$714,146
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$530,911
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$336,007
Net investment gain/loss from pooled separate accounts2015-12-31$-1,061,369
Net investment gain or loss from common/collective trusts2015-12-31$1,217
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$2,762,187
Employer contributions (assets) at end of year2015-12-31$70,822
Employer contributions (assets) at beginning of year2015-12-31$272,322
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$22,724,423
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31ALONSO CPA, P.A.
Accountancy firm EIN2015-12-31261230922
2014 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$22,279,107
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$22,072,330
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$25,512,445
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$25,342,843
Value of total corrective distributions2014-12-31$52,879
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$16,589,601
Value of total assets at end of year2014-12-31$112,603,012
Value of total assets at beginning of year2014-12-31$93,764,020
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$116,723
Total interest from all sources2014-12-31$150,307
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$74,611
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$10,483,563
Participant contributions at end of year2014-12-31$3,213,459
Participant contributions at beginning of year2014-12-31$3,472,133
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$2,904,893
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$-19
Administrative expenses (other) incurred2014-12-31$42,112
Total non interest bearing cash at end of year2014-12-31$593,280
Total non interest bearing cash at beginning of year2014-12-31$6,800
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-3,440,115
Value of net assets at end of year (total assets less liabilities)2014-12-31$112,603,012
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$93,764,020
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$107,746,120
Value of interest in pooled separate accounts at beginning of year2014-12-31$89,238,532
Interest on participant loans2014-12-31$146,614
Interest earned on other investments2014-12-31$3,693
Value of interest in common/collective trusts at end of year2014-12-31$714,146
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$336,007
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$503,209
Net investment gain/loss from pooled separate accounts2014-12-31$5,323,808
Net investment gain or loss from common/collective trusts2014-12-31$8,614
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31Yes
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$3,201,145
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$543,346
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$25,342,843
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31ALONSO CPA, P.A.
Accountancy firm EIN2014-12-31261230922
2013 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$37
Total income from all sources (including contributions)2013-12-31$87,746,864
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$8,283,458
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$7,931,953
Value of total corrective distributions2013-12-31$7,832
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$76,736,875
Value of total assets at end of year2013-12-31$93,764,020
Value of total assets at beginning of year2013-12-31$14,300,651
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$343,673
Total interest from all sources2013-12-31$122,281
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$42,670
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$7,932,002
Participant contributions at end of year2013-12-31$3,472,133
Participant contributions at beginning of year2013-12-31$181,438
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$65,415,260
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$37
Other income not declared elsewhere2013-12-31$-4,578
Administrative expenses (other) incurred2013-12-31$301,003
Total non interest bearing cash at end of year2013-12-31$6,800
Total non interest bearing cash at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$79,463,406
Value of net assets at end of year (total assets less liabilities)2013-12-31$93,764,020
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$14,300,614
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$89,238,532
Value of interest in pooled separate accounts at beginning of year2013-12-31$13,652,026
Interest on participant loans2013-12-31$118,640
Interest earned on other investments2013-12-31$3,641
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$503,209
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$467,187
Net investment gain/loss from pooled separate accounts2013-12-31$10,892,286
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$3,389,613
Employer contributions (assets) at end of year2013-12-31$543,346
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$7,931,953
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31ALONSO CPA, P.A.
Accountancy firm EIN2013-12-31261230922
2012 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$37
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$2,946
Total income from all sources (including contributions)2012-12-31$3,345,275
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$2,104,808
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,019,252
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,749,439
Value of total assets at end of year2012-12-31$14,300,651
Value of total assets at beginning of year2012-12-31$13,063,093
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$85,556
Total interest from all sources2012-12-31$10,409
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$9,625
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,116,274
Participant contributions at end of year2012-12-31$181,438
Participant contributions at beginning of year2012-12-31$113,659
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$272,612
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$37
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$2,946
Administrative expenses (other) incurred2012-12-31$75,931
Total non interest bearing cash at end of year2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$2,801
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,240,467
Value of net assets at end of year (total assets less liabilities)2012-12-31$14,300,614
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$13,060,147
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in pooled separate accounts at end of year2012-12-31$13,652,026
Value of interest in pooled separate accounts at beginning of year2012-12-31$12,468,182
Interest on participant loans2012-12-31$6,049
Interest earned on other investments2012-12-31$4,360
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$467,187
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$478,451
Net investment gain/loss from pooled separate accounts2012-12-31$1,585,427
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$360,553
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,019,252
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31ALONSO CPA, P.A.
Accountancy firm EIN2012-12-31261230922
2011 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$2,946
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$595,143
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,081,594
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$913,215
Expenses. Certain deemed distributions of participant loans2011-12-31$87,933
Value of total corrective distributions2011-12-31$2,946
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$939,764
Value of total assets at end of year2011-12-31$13,063,093
Value of total assets at beginning of year2011-12-31$13,546,598
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$77,500
Total interest from all sources2011-12-31$14,678
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$4,055
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$716,459
Participant contributions at end of year2011-12-31$113,659
Participant contributions at beginning of year2011-12-31$208,188
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$2,946
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Administrative expenses (other) incurred2011-12-31$73,445
Total non interest bearing cash at end of year2011-12-31$2,801
Total non interest bearing cash at beginning of year2011-12-31$1,133
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-486,451
Value of net assets at end of year (total assets less liabilities)2011-12-31$13,060,147
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$13,546,598
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in pooled separate accounts at end of year2011-12-31$12,468,182
Value of interest in pooled separate accounts at beginning of year2011-12-31$12,874,876
Interest on participant loans2011-12-31$9,368
Interest earned on other investments2011-12-31$5,310
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$478,451
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$453,315
Net investment gain/loss from pooled separate accounts2011-12-31$-359,299
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$223,305
Employer contributions (assets) at beginning of year2011-12-31$9,086
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$913,215
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31ALONSO CPA, P.A.
Accountancy firm EIN2011-12-31261230922
2010 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$18,955
Total income from all sources (including contributions)2010-12-31$2,689,990
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,610,634
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,533,531
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,116,523
Value of total assets at end of year2010-12-31$13,546,598
Value of total assets at beginning of year2010-12-31$12,486,197
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$77,103
Total interest from all sources2010-12-31$21,473
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$802,409
Participant contributions at end of year2010-12-31$208,188
Participant contributions at beginning of year2010-12-31$186,396
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$50,641
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$18,955
Total non interest bearing cash at end of year2010-12-31$1,133
Total non interest bearing cash at beginning of year2010-12-31$43
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,079,356
Value of net assets at end of year (total assets less liabilities)2010-12-31$13,546,598
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$12,467,242
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in pooled separate accounts at end of year2010-12-31$12,874,876
Value of interest in pooled separate accounts at beginning of year2010-12-31$11,867,964
Interest on participant loans2010-12-31$10,417
Interest earned on other investments2010-12-31$11,056
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$453,315
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$414,300
Net investment gain/loss from pooled separate accounts2010-12-31$1,551,994
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$263,473
Employer contributions (assets) at end of year2010-12-31$9,086
Employer contributions (assets) at beginning of year2010-12-31$17,494
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,533,531
Contract administrator fees2010-12-31$77,103
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31ALONSO CPA, P.A.
Accountancy firm EIN2010-12-31261230922
2009 : OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN

2023: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedYes
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: OCWEN FINANCIAL CORPORATION 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number53016
Policy instance 1
Insurance contract or identification number53016
Number of Individuals Covered3233
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $222,234
Total amount of fees paid to insurance companyUSD $115,267
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $111,117
Amount paid for insurance broker fees115267
Additional information about fees paid to insurance brokerTPA COMPENSATION/OTHER
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number53016
Policy instance 1
Insurance contract or identification number53016
Number of Individuals Covered3434
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $149,638
Total amount of fees paid to insurance companyUSD $110,309
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $149,638
Insurance broker organization code?3
Amount paid for insurance broker fees89818
Additional information about fees paid to insurance brokerTPA COMPENSATION/OTHER
Insurance broker nameJOHN HANCOCK USA
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number53016
Policy instance 1
Insurance contract or identification number53016
Number of Individuals Covered3192
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $364,062
Total amount of fees paid to insurance companyUSD $33,874
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $364,062
Insurance broker organization code?3
Amount paid for insurance broker fees33182
Additional information about fees paid to insurance brokerTPA COMPENSATION
Insurance broker nameJOHN HANCOCK USA
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number53016
Policy instance 1
Insurance contract or identification number53016
Number of Individuals Covered687
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $88,229
Total amount of fees paid to insurance companyUSD $7,493
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $88,229
Insurance broker organization code?3
Amount paid for insurance broker fees7493
Additional information about fees paid to insurance brokerTPA COMPENSATION
Insurance broker nameSENTINEL BENEFITS GROUP INC
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number53016
Policy instance 1
Insurance contract or identification number53016
Number of Individuals Covered589
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $86,141
Total amount of fees paid to insurance companyUSD $7,220
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number53016
Policy instance 1
Insurance contract or identification number53016
Number of Individuals Covered606
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $79,732
Total amount of fees paid to insurance companyUSD $6,318
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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