Altisource Employees' Savings Plan — Form 5500 plan (Altisource Portfolio Solutions, Inc.)

Plain-English plan 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, Altisource Employees' Savings Plan is a benefit plan reported by Altisource Portfolio Solutions, Inc. under EIN 05-0539094 and plan number 001. The latest loaded filing year is 2023. The filing reports 674 participants and $35,609,954 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Altisource Portfolio Solutions, Inc.
EIN
05-0539094
Plan number
001
Plan type
2
Location
Atlanta, GA
Latest filing year
2023
Participants
674
End-of-year plan assets
$35,609,954

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023674H, C20241014025030NAL0050941026001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$35,609,954
Total liabilities (EOY)
$0
Net assets (EOY)
$35,609,954
Net assets (BOY)
$33,355,111

Income & contributions

Employer contributions
$1,058
Participant contributions
$1,340,054
Total contributions
$1,513,512
Total income / additions
$7,670,305

Expenses & distributions

Benefits paid
$5,277,337
Administrative expenses
$80,671
Total expenses
$5,415,462
Net increase / (decrease)
$2,254,843

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Gallagher Fiduciary Advisors, LLCCONSULTANT$40,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$29,671$02023
Atlas Cpas & Advisors, PllcACCOUNTANT$11,000not reported in the loaded dataset2023

Related Form 5500 pages