Plan Snapshot
- Plan Sponsor: Mr. Cooper Group INC.
- Sponsor EIN: 752921540
- Sponsor Address: 8950 CYPRESS WATERS BLVD, COPPELL, TX, 75019
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 5,068
- Total Assets: $603.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,068 | $603.8M | $14.7M | $33.8M |
| 2023 | 4,583 | $528.6M | $10.2M | $30.6M |
| 2022 | 5,032 | $465.1M | $17.9M | $41.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $231,745 | — | $231,745 |
| MORGAN STANLEY SMITH BARNEY LLC | Investment Advisor | $80,000 | — | $80,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- MORGAN STANLEY SMITH BARNEY LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $311,745
- Estimated Expense Ratio: 0.052% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $311,745 | $80,000 | $900 | — | — |
| 2023 | $429,011 | $80,000 | $2,400 | — | — |
| 2022 | $439,831 | — | — | — | — |