Phh Corporation 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019, when $202.3 million was transferred out of the plan. Assets moved to the ONITY GROUP INC. 401(K) SAVINGS PLAN (sponsored by ONITY GROUP INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the ONITY GROUP INC. 401(K) SAVINGS PLAN →

Phh Corporation 401(k) Plan Facts (plan year 2019)

Plan name
PHH CORPORATION EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PHH CORPORATION
Participants
2,114
Former employees with a balance
0
Employer contributions
$578,265 in plan year 2019 (23% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2019 – Jul 31, 2019
Plan established
Jan 1, 2005
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Jul 31, 2019), filed Jul 20, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $2.51 million went into the plan in contributions, $578,265 of it from the employer (23%).
  • $19.9 million was paid out to participants.
  • Investment and other income added $28.3 million.

How the Phh Corporation 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20146,850$257.8 million$6.37 million$44.2 million
20155,282$243.9 million$5.35 million$28.9 million
20165,029$248.5 million$4.76 million$25.5 million
20174,781$251.1 million$3.39 million$46.3 million
20183,935$192.4 million$1.91 million$55.3 million
2019 (final)2,114$0$578,265$19.9 million

Phh Corporation 401(k) Contact Information

Phone
856-917-6000
Mailing address
3000 LEADENHALL ROAD, MT. LAUREL NJ 08054
Plan sponsor
PHH CORPORATION
Employer identification number (EIN)
52-0551284
Plan number
001

Questions about the Phh Corporation 401(k)

Is the Phh Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019. Its assets were transferred to the ONITY GROUP INC. 401(K) SAVINGS PLAN.

Does Phh Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $578,265, 23% of all contributions.

Does the Phh Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Phh Corporation 401(k) plan?

2,114 participants at the start of plan year 2019.

Who manages the Phh Corporation 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

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