EDUCATION MANAGEMENT II LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan EDUCATION MANAGEMENT II LLC RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2016 : EDUCATION MANAGEMENT II LLC RETIREMENT PLAN 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $32,167 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $14,742 |
| Total income from all sources (including contributions) | 2016-12-31 | $69,548,869 |
| Total of all expenses incurred | 2016-12-31 | $100,702,186 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $100,043,398 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $117,538 |
| Value of total corrective distributions | 2016-12-31 | $109,519 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $28,696,395 |
| Value of total assets at end of year | 2016-12-31 | $569,530,746 |
| Value of total assets at beginning of year | 2016-12-31 | $600,666,638 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $431,731 |
| Total interest from all sources | 2016-12-31 | $285,480 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $15,903,777 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $15,903,777 |
| Administrative expenses professional fees incurred | 2016-12-31 | $351,731 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $25,905,177 |
| Participant contributions at end of year | 2016-12-31 | $6,307,250 |
| Participant contributions at beginning of year | 2016-12-31 | $7,304,205 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $3,401,329 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $2,791,218 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $-31,153,317 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $569,498,579 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $600,651,896 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $80,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $530,567,618 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $559,837,141 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $32,655,878 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $0 |
| Interest on participant loans | 2016-12-31 | $285,480 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $30,123,963 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $24,132,506 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $451,191 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $79,520 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $100,043,398 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $32,167 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $14,742 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | SCHNEIDER DOWNS & CO., INC. |
| Accountancy firm EIN | 2016-12-31 | 251408703 |
