401(k) · DOL Form 5500 · 2023

Onit, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
340
Participants Below avg headcount
72nd
Percentile by assets National rank
$56,100
Avg per participant Low balance/head
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Official DOL plan name: Onit 401(k) Plan · Sponsored by Onit, Inc. · Texas · Information & Media

$19M in assets, 340 participants

Onit, Inc.'s Onit 401(k) Plan reported $19M in total assets and 340 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #1,742 in Information & Media (2,818 peers)

Coverage in Texas

Onit 401(k) Plan covers 340 participants in Texas, about 49% of the average Texas filer (state average ~688 per filing). Assets: $19M.

#1,742
in Information & Media (2,818 peers)
+45.9%
assets growth YoY

Onit 401(k) Plan's outsized position by total assets

Onit 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$19,074,034 Top 28% higher than 72% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Onit 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Onit 401(k) Plan sits mid-pack in the medium band (340 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Onit 401(k) Plan reported net income rose from $491K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Onit 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Onit 401(k) Plan reported participants rose from 279 in the plan year 2022 filing to 340 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 274355733 · Onit, Inc. PY 2023 · 401(k)

Onit 401(k) Plan · $19M · 340 · 72nd

  • VS-ST $19M
  • VS-ST 340
  • VS-ST 72nd
  • VS-ST 401(k)
  • VS-ST near Ncap, Inc. Profit Sharing 401(k) Plan
  • VS-ST ind #1742

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Texas →

Onit 401(k) Plan in the asset neighbourhood

The Sanson Company Profit Sharing and Retirement Savings PlanThe Sanson Company Profit Sh…$19MSlipstream 401(k) Retirement PlanSlipstream 401(k) Retirement…$19MOnit 401(k) Plan$19MNcap, Inc. Profit Sharing 401(k) PlanNcap, Inc. Profit Sharing 40…$19MGulbrandsen Companies Retirement Savings PlanGulbrandsen Companies Retire…$19M
End-of-year total assets ($M) among Onit 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$19M
Net Income$4M
Employer EIN274355733
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Onit, Inc.)

Sponsor-wide plan assets over time

All Onit, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 57.39506507839036% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $13.1M $20.6M ▲ +57.4%
Year Plans Participants Total Assets
2022 1 279 $13M
2023 1 340 $19M
2024 1 303 $21M

Nearby 401(k) Plans in Texas

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

Onit 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Onit 401(k) Plan, Total assets ($B): 0.019074034 · Participants: 340Onit 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Onit 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Onit 401(k) Plan side-by-side with 3 peers →

Onit 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Ncap, Inc. Profit Sharing 401(k) Plan in CA ($19M); by covered participants it is Red River Bank 401(k) Profit Sharing Plan in LA (340 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (340 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Onit 401(k) Plan assets move in 2023? ▼
Onit 401(k) Plan surged - up 45.9% during 2023, from $13M to $19M. Reported net income was $4M.
How have Onit, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Onit, Inc.'s sponsor-wide assets grew 57.4%, from $13M to $21M.
Which 401(k) plans are similar in size to Onit 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ncap, Inc. Profit Sharing 401(k) Plan in CA ($19M, N/A participants).
Which 401(k) plans cover a similar participant headcount to Onit 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Red River Bank 401(k) Profit Sharing Plan in LA (340 participants, $32M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 274355733.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.