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Company:
Ocwen Financial Corporation
Plan:
Ocwen Financial Corporation 401k Savings Plan
 

Ocwen Financial Corporation

62 Plan: Ocwen Financial Corporation 401k Savings Plan

 
 
62
32
69
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (62) and the top rated plan (90) could equate to:
[How is this calculated?]
16 additional years of work
Up to $100,500 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Ocwen Financial Corporation 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Investment Menu Quality. Ocwen Financial Corporation 401k Savings Plan currently has over 3,400 active participants and over $93.2M in plan assets.


 Investment Menu Statistics

No. of Investment Options
120
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. John Hancock Lifestyle Balanced 16%
2. John Hancock Lifestyle Growth 15%
3. John Hancock Lifestyle Moderate 8%

 Retirement Plan Details

Address 1661 Worthington Road, Suite 100
West Palm Beach, FL 33409 
Industry Commercial Banking
Administrator Robyn G. Segady
Net Plan Assets $93,200,000
Total Participants 3,500
Avg Account Balance $33,000

 
Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Gallagher Liedman
Recordkeeper John Hancock
Recordkeeper Sentinel Benefits
Auditor Kathy Alonso, CPA, P.A