401(k) · DOL Form 5500 · 2023

Ocwen Financial Corporation 401(k) Plan

Data updated 2026-08-11

$315M
Total assets
1,340
Participants
96th
Percentile by assets
$234,826
Avg per participant
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Official DOL plan name: Ocwen Financial 401(k) Savings Plan · Sponsored by Ocwen Financial Corporation · Florida · Finance & Insurance

$315M in assets, 1,340 participants

Ocwen Financial Corporation's Ocwen Financial 401(k) Savings Plan reported $315M in total assets and 1,340 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 127,072 plans)
  • #8,322 in Finance & Insurance (8,869 peers)

Coverage in Florida

Ocwen Financial 401(k) Savings Plan covers 1,340 participants in Florida, 2.1x the typical Florida plan (state average ~628 per filing). Assets: $315M.

$315M
total plan assets (2023 EOY)
1,340
covered participants
96th
percentile by assets (of 127,072 plans)
$234,826
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ocwen Financial 401(k) Savings Plan reported net income rose from -$81M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Ocwen Financial 401(k) Savings Plan reported participants fell from 2,025 in the plan year 2022 filing to 1,340 in the plan year 2023 filing.
  • Ocwen Financial 401(k) Savings Plan end-of-year assets rose from $292M in the plan year 2022 filing to $315M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Ocwen Financial 401(k) Savings Plan reports 1,340 participants - 2.1x that state average ($315M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$292M
Net Assets (End of Year)$315M
Net Income$23M
Employer EIN650039856
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocwen Financial Corporation)

$280M$300M$320M$340M 202220232024 $292M $335M ▲ +14.7%
Total plan assets by year, all Ocwen Financial Corporation plans on file
Year Plans Participants Total Assets
2022 1 2,025 $292M
2023 1 1,340 $315M
2024 1 1,129 $335M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ocwen Financial 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Ocwen Financial 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Ocwen Financial 401(…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
Ocwen Financial 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ocwen Financial 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Ocwen Financial 401(k) Savings Plan assets move in 2023?
Ocwen Financial 401(k) Savings Plan grew at a solid clip - up 7.7% during 2023, from $292M to $315M. Reported net income was $23M.
How have Ocwen Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Ocwen Financial Corporation's sponsor-wide assets grew 14.7%, from $292M to $335M.
Where does Ocwen Financial 401(k) Savings Plan rank by assets among Form 5500 filers?
Ocwen Financial 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ocwen Financial 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Hinshaw & Culbertson LLP Retirement Savings and 401(k) Plan in IL ($315M, 631 participants).

Next read for Ocwen Financial 401(k) Savings Plan

Filing takeaways

Ways to act on Ocwen Financial 401(k) Savings Plan's numbers.