2023 Form 5500 filing — Concord Servicing Corporation 401(K) Psp
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241003162015NAL0021223842001) for Concord Servicing Corporation 401(K) Psp, reported by Concord Servicing Corporation under EIN 86-0617322 and plan number 001. It reports 203 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003162015NAL0021223842001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Concord Servicing Corporation
- EIN
- 86-0617322
- Plan number
- 001
- Location
- Scottsdale, AZ
- Participants
- 203
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,722,951
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,722,951
- Employer contributions
- $177,495
- Participant contributions
- $873,810
- Total income / additions
- $3,726,438
- Benefits paid
- $2,405,919
- Administrative expenses
- $42,076
- Total expenses
- $2,451,799
- Net increase / (decrease)
- $1,274,639
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Advisors Fin Network | INVESTMENT ADVISORY | $22,189 | $6 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $19,887 | $0 |