Concord Servicing Corporation 401(K) Psp — Form 5500 plan (Concord Servicing Corporation)
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, Concord Servicing Corporation 401(K) Psp is a benefit plan reported by Concord Servicing Corporation under EIN 86-0617322 and plan number 001. The latest loaded filing year is 2023. The filing reports 203 participants and $9,722,951 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Concord Servicing Corporation
- EIN
- 86-0617322
- Plan number
- 001
- Plan type
- 2
- Location
- Scottsdale, AZ
- Latest filing year
- 2023
- Participants
- 203
- End-of-year plan assets
- $9,722,951
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 203 | H, C | 20241003162015NAL0021223842001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,722,951
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,722,951
- Net assets (BOY)
- $8,448,312
Income & contributions
- Employer contributions
- $177,495
- Participant contributions
- $873,810
- Total contributions
- $2,292,209
- Total income / additions
- $3,726,438
Expenses & distributions
- Benefits paid
- $2,405,919
- Administrative expenses
- $42,076
- Total expenses
- $2,451,799
- Net increase / (decrease)
- $1,274,639
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Advisors Fin Network | INVESTMENT ADVISORY | $22,189 | $6 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $19,887 | $0 | 2023 |