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THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN
Plan identification number 001

THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

SULLIVAN UNIVERSITY SYSTEM, INC. has sponsored the creation of one or more 401k plans.

Company Name:SULLIVAN UNIVERSITY SYSTEM, INC.
Employer identification number (EIN):610596564
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-06-01SHELTON BRIDGES JR.
0012014-06-01SHELTON BRIDGES JR
0012013-06-01SHELTON BRIDGES JR SHELTON BRIDGES JR2015-03-16
0012012-06-01SHELTON BRIDGES JR SHELTON BRIDGES JR2014-03-12
0012011-06-01SHELTON BRIDGES JR SHELTON BRIDGES JR2013-03-08
0012010-06-01SHELTON BRIDGES JR
0012009-06-01SHELTON BRIDGES JR
0012008-06-01
0012007-06-01SHELTON BRIDGES JR
0012006-06-01SHELTON BRIDGES JR
0012005-06-01SHELTON BRIDGES JR
0012005-06-01SHELTON BRIDGES JR
0012004-06-01SHELTON BRIDGES JR

Plan Statistics for THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN

Measure Date Value
2015: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-06-011,112
Total number of active participants reported on line 7a of the Form 55002015-06-010
Number of retired or separated participants receiving benefits2015-06-010
Number of other retired or separated participants entitled to future benefits2015-06-010
Total of all active and inactive participants2015-06-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-06-010
Total participants2015-06-010
Number of participants with account balances2015-06-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-06-010
2014: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-06-011,112
Total number of active participants reported on line 7a of the Form 55002014-06-01859
Number of retired or separated participants receiving benefits2014-06-010
Number of other retired or separated participants entitled to future benefits2014-06-01253
Total of all active and inactive participants2014-06-011,112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-06-010
Total participants2014-06-011,112
Number of participants with account balances2014-06-011,112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-06-018
2013: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-06-011,174
Total number of active participants reported on line 7a of the Form 55002013-06-01859
Number of retired or separated participants receiving benefits2013-06-010
Number of other retired or separated participants entitled to future benefits2013-06-01253
Total of all active and inactive participants2013-06-011,112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-06-010
Total participants2013-06-011,112
Number of participants with account balances2013-06-011,112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-06-018
2012: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-06-011,049
Total number of active participants reported on line 7a of the Form 55002012-06-01902
Number of retired or separated participants receiving benefits2012-06-010
Number of other retired or separated participants entitled to future benefits2012-06-01272
Total of all active and inactive participants2012-06-011,174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-06-010
Total participants2012-06-011,174
Number of participants with account balances2012-06-011,119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-06-011
2011: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-06-011,026
Total number of active participants reported on line 7a of the Form 55002011-06-01836
Number of retired or separated participants receiving benefits2011-06-010
Number of other retired or separated participants entitled to future benefits2011-06-01213
Total of all active and inactive participants2011-06-011,049
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-06-010
Total participants2011-06-011,049
Number of participants with account balances2011-06-011,042
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-06-010
2010: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-06-01183
Total number of active participants reported on line 7a of the Form 55002010-06-01717
Number of retired or separated participants receiving benefits2010-06-01309
Number of other retired or separated participants entitled to future benefits2010-06-010
Total of all active and inactive participants2010-06-011,026
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-06-010
Total participants2010-06-011,026
Number of participants with account balances2010-06-011,045
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-06-01209
2009: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-06-011,012
Total number of active participants reported on line 7a of the Form 55002009-06-01684
Number of retired or separated participants receiving benefits2009-06-01298
Number of other retired or separated participants entitled to future benefits2009-06-010
Total of all active and inactive participants2009-06-01982
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-06-010
Total participants2009-06-01982
Number of participants with account balances2009-06-01982
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-06-01179
2007: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2007 401k membership
Total participants, beginning-of-year2007-06-01853
Total number of active participants reported on line 7a of the Form 55002007-06-01604
Number of retired or separated participants receiving benefits2007-06-010
Number of other retired or separated participants entitled to future benefits2007-06-01241
Total of all active and inactive participants2007-06-01845
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2007-06-010
Total participants2007-06-01845
Number of participants with account balances2007-06-01845
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2007-06-01136
2006: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2006 401k membership
Total participants, beginning-of-year2006-06-01805
Total number of active participants reported on line 7a of the Form 55002006-06-01560
Number of retired or separated participants receiving benefits2006-06-010
Number of other retired or separated participants entitled to future benefits2006-06-01202
Total of all active and inactive participants2006-06-01762
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2006-06-010
Total participants2006-06-01762
Number of participants with account balances2006-06-01762
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2006-06-0162
2005: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2005 401k membership
Total participants, beginning-of-year2005-06-01805
Total number of active participants reported on line 7a of the Form 55002005-06-01560
Number of retired or separated participants receiving benefits2005-06-010
Number of other retired or separated participants entitled to future benefits2005-06-01202
Total of all active and inactive participants2005-06-01762
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2005-06-010
Total participants2005-06-01762
Number of participants with account balances2005-06-01762
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2005-06-0162
2004: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2004 401k membership
Total participants, beginning-of-year2004-06-01680
Total number of active participants reported on line 7a of the Form 55002004-06-01528
Number of retired or separated participants receiving benefits2004-06-010
Number of other retired or separated participants entitled to future benefits2004-06-01113
Total of all active and inactive participants2004-06-01641
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2004-06-010
Total participants2004-06-01641
Number of participants with account balances2004-06-01638
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2004-06-0158

Financial Data on THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN

Measure Date Value
2015 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2015 401k financial data
Total transfer of assets from this plan2015-08-31$13,575,019
Total income from all sources (including contributions)2015-08-31$2,431
Value of total assets at end of year2015-08-31$0
Value of total assets at beginning of year2015-08-31$13,572,588
Total interest from all sources2015-08-31$2,431
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-08-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-08-31$0
Was this plan covered by a fidelity bond2015-08-31Yes
Value of fidelity bond cover2015-08-31$500,000
If this is an individual account plan, was there a blackout period2015-08-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-08-31$0
Were there any nonexempt tranactions with any party-in-interest2015-08-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-08-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-08-31$11,648
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-08-31No
Value of net income/loss2015-08-31$2,431
Value of net assets at end of year (total assets less liabilities)2015-08-31$0
Value of net assets at beginning of year (total assets less liabilities)2015-08-31$13,572,588
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-08-31No
Were any leases to which the plan was party in default or uncollectible2015-08-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-08-31$0
Interest earned on other investments2015-08-31$2,431
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-08-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-08-31$13,560,940
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-08-31$13,560,940
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-08-31No
Was there a failure to transmit to the plan any participant contributions2015-08-31No
Has the plan failed to provide any benefit when due under the plan2015-08-31No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-08-31Yes
Assets. Corporate common stocks other than exployer securities at beginning of year2015-08-31$0
Did the plan have assets held for investment2015-08-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-08-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-08-31Yes
Opinion of an independent qualified public accountant for this plan2015-08-31Disclaimer
Accountancy firm name2015-08-31DEMING MALONE LIVESAY & OSTROFF
Accountancy firm EIN2015-08-31611064249
Unrealized appreciation/depreciation of other (non real estate) assets2015-05-31$-1,079,406
Total unrealized appreciation/depreciation of assets2015-05-31$-1,079,406
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-05-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-05-31$0
Total income from all sources (including contributions)2015-05-31$1,319,074
Total loss/gain on sale of assets2015-05-31$2,401,774
Total of all expenses incurred2015-05-31$2,999,894
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-05-31$2,987,079
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-05-31$0
Value of total assets at end of year2015-05-31$13,572,588
Value of total assets at beginning of year2015-05-31$15,253,408
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-05-31$12,815
Total interest from all sources2015-05-31$123,032
Total dividends received (eg from common stock, registered investment company shares)2015-05-31$273,128
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-05-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-05-31$0
Administrative expenses professional fees incurred2015-05-31$2,125
Was this plan covered by a fidelity bond2015-05-31Yes
Value of fidelity bond cover2015-05-31$500,000
If this is an individual account plan, was there a blackout period2015-05-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-05-31$0
Were there any nonexempt tranactions with any party-in-interest2015-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-05-31$11,648
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-05-31$17,425
Other income not declared elsewhere2015-05-31$10,690
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-05-31No
Value of net income/loss2015-05-31$-1,680,820
Value of net assets at end of year (total assets less liabilities)2015-05-31$13,572,588
Value of net assets at beginning of year (total assets less liabilities)2015-05-31$15,253,408
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-05-31No
Were any leases to which the plan was party in default or uncollectible2015-05-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-05-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-05-31$9,262,560
Interest earned on other investments2015-05-31$123,032
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-05-31$13,560,940
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-05-31$203,414
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-05-31$203,414
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-05-31$-410,144
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-05-31Yes
Was there a failure to transmit to the plan any participant contributions2015-05-31No
Has the plan failed to provide any benefit when due under the plan2015-05-31No
Income. Dividends from common stock2015-05-31$273,128
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-05-31$2,987,079
Contract administrator fees2015-05-31$10,690
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-05-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2015-05-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2015-05-31$5,770,009
Did the plan have assets held for investment2015-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-05-31Yes
Aggregate proceeds on sale of assets2015-05-31$20,599,067
Aggregate carrying amount (costs) on sale of assets2015-05-31$18,197,293
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-05-31Yes
Opinion of an independent qualified public accountant for this plan2015-05-31Disclaimer
Accountancy firm name2015-05-31DEMING MALONE LIVESAY & OSTROFF
Accountancy firm EIN2015-05-31611064249
2014 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-05-31$403,827
Total unrealized appreciation/depreciation of assets2014-05-31$403,827
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-05-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-05-31$11,296
Total income from all sources (including contributions)2014-05-31$1,684,816
Total loss/gain on sale of assets2014-05-31$780,650
Total of all expenses incurred2014-05-31$1,095,639
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-05-31$1,082,774
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-05-31$0
Value of total assets at end of year2014-05-31$15,253,408
Value of total assets at beginning of year2014-05-31$14,675,527
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-05-31$12,865
Total interest from all sources2014-05-31$201,091
Total dividends received (eg from common stock, registered investment company shares)2014-05-31$250,574
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-05-31No
Was this plan covered by a fidelity bond2014-05-31Yes
Value of fidelity bond cover2014-05-31$500,000
If this is an individual account plan, was there a blackout period2014-05-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-05-31$0
Were there any nonexempt tranactions with any party-in-interest2014-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-05-31$17,425
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-05-31$18,632
Other income not declared elsewhere2014-05-31$10,690
Administrative expenses (other) incurred2014-05-31$10,690
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-05-31No
Value of net income/loss2014-05-31$589,177
Value of net assets at end of year (total assets less liabilities)2014-05-31$15,253,408
Value of net assets at beginning of year (total assets less liabilities)2014-05-31$14,664,231
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-05-31No
Were any leases to which the plan was party in default or uncollectible2014-05-31No
Investment advisory and management fees2014-05-31$2,175
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-05-31$9,262,560
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-05-31$8,929,427
Interest earned on other investments2014-05-31$201,091
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-05-31$203,414
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-05-31$143,586
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-05-31$143,586
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-05-31$37,984
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-05-31No
Was there a failure to transmit to the plan any participant contributions2014-05-31No
Has the plan failed to provide any benefit when due under the plan2014-05-31No
Employer contributions (assets) at beginning of year2014-05-31$200,000
Income. Dividends from common stock2014-05-31$250,574
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-05-31$1,082,774
Assets. Corporate common stocks other than exployer securities at end of year2014-05-31$5,770,009
Assets. Corporate common stocks other than exployer securities at beginning of year2014-05-31$5,383,882
Liabilities. Value of benefit claims payable at beginning of year2014-05-31$11,296
Did the plan have assets held for investment2014-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-05-31No
Aggregate proceeds on sale of assets2014-05-31$6,653,480
Aggregate carrying amount (costs) on sale of assets2014-05-31$5,872,830
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-05-31Yes
Opinion of an independent qualified public accountant for this plan2014-05-31Disclaimer
Accountancy firm name2014-05-31DEMING MALONE LIVESAY & OSTROFF
Accountancy firm EIN2014-05-31611064249
2013 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-05-31$1,744,070
Total unrealized appreciation/depreciation of assets2013-05-31$1,744,070
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-05-31$11,296
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-05-31$11,296
Total income from all sources (including contributions)2013-05-31$1,991,114
Total loss/gain on sale of assets2013-05-31$35,748
Total of all expenses incurred2013-05-31$440,298
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-05-31$427,603
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-05-31$200,000
Value of total assets at end of year2013-05-31$14,675,527
Value of total assets at beginning of year2013-05-31$13,124,711
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-05-31$12,695
Total interest from all sources2013-05-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-05-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-05-31No
Was this plan covered by a fidelity bond2013-05-31Yes
Value of fidelity bond cover2013-05-31$500,000
If this is an individual account plan, was there a blackout period2013-05-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-05-31$0
Were there any nonexempt tranactions with any party-in-interest2013-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-05-31$18,632
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-05-31$26,411
Other income not declared elsewhere2013-05-31$11,296
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-05-31No
Value of net income/loss2013-05-31$1,550,816
Value of net assets at end of year (total assets less liabilities)2013-05-31$14,664,231
Value of net assets at beginning of year (total assets less liabilities)2013-05-31$13,113,415
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-05-31No
Were any leases to which the plan was party in default or uncollectible2013-05-31No
Investment advisory and management fees2013-05-31$12,695
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-05-31$8,929,427
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-05-31$7,499,190
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-05-31$143,586
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-05-31$75,269
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-05-31$75,269
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-05-31Yes
Was there a failure to transmit to the plan any participant contributions2013-05-31No
Has the plan failed to provide any benefit when due under the plan2013-05-31No
Contributions received in cash from employer2013-05-31$200,000
Employer contributions (assets) at end of year2013-05-31$200,000
Employer contributions (assets) at beginning of year2013-05-31$350,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-05-31$427,603
Assets. Corporate common stocks other than exployer securities at end of year2013-05-31$5,383,882
Assets. Corporate common stocks other than exployer securities at beginning of year2013-05-31$5,173,841
Liabilities. Value of benefit claims payable at end of year2013-05-31$11,296
Liabilities. Value of benefit claims payable at beginning of year2013-05-31$11,296
Did the plan have assets held for investment2013-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-05-31No
Aggregate proceeds on sale of assets2013-05-31$509,818
Aggregate carrying amount (costs) on sale of assets2013-05-31$474,070
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-05-31Yes
Opinion of an independent qualified public accountant for this plan2013-05-31Disclaimer
Accountancy firm name2013-05-31DEMING MALONE LIVESAY & OSTROFF
Accountancy firm EIN2013-05-31611064249
2012 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-05-31$270,031
Total unrealized appreciation/depreciation of assets2012-05-31$270,031
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-05-31$81,593
Total income from all sources (including contributions)2012-05-31$639,174
Total loss/gain on sale of assets2012-05-31$7,807
Total of all expenses incurred2012-05-31$943,280
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-05-31$941,655
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-05-31$350,000
Value of total assets at end of year2012-05-31$13,124,711
Value of total assets at beginning of year2012-05-31$13,510,410
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-05-31$1,625
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-05-31No
Was this plan covered by a fidelity bond2012-05-31Yes
Value of fidelity bond cover2012-05-31$500,000
If this is an individual account plan, was there a blackout period2012-05-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-05-31$0
Were there any nonexempt tranactions with any party-in-interest2012-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-05-31$26,411
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-05-31$2,743
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-05-31$41
Other income not declared elsewhere2012-05-31$11,336
Administrative expenses (other) incurred2012-05-31$1,625
Liabilities. Value of operating payables at beginning of year2012-05-31$70,256
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-05-31No
Value of net income/loss2012-05-31$-304,106
Value of net assets at end of year (total assets less liabilities)2012-05-31$13,124,711
Value of net assets at beginning of year (total assets less liabilities)2012-05-31$13,428,817
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-05-31No
Were any leases to which the plan was party in default or uncollectible2012-05-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-05-31$7,499,190
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-05-31$75,269
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-05-31$73,422
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-05-31$73,422
Asset value of US Government securities at beginning of year2012-05-31$12,934,245
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-05-31Yes
Was there a failure to transmit to the plan any participant contributions2012-05-31No
Has the plan failed to provide any benefit when due under the plan2012-05-31No
Contributions received in cash from employer2012-05-31$350,000
Employer contributions (assets) at end of year2012-05-31$350,000
Employer contributions (assets) at beginning of year2012-05-31$500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-05-31$941,655
Assets. Corporate common stocks other than exployer securities at end of year2012-05-31$5,173,841
Liabilities. Value of benefit claims payable at beginning of year2012-05-31$11,296
Did the plan have assets held for investment2012-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-05-31No
Aggregate proceeds on sale of assets2012-05-31$968,900
Aggregate carrying amount (costs) on sale of assets2012-05-31$961,093
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-05-31No
Opinion of an independent qualified public accountant for this plan2012-05-31Unqualified
Accountancy firm name2012-05-31DEMING MALONE LIVESAY & OSTROFF
Accountancy firm EIN2012-05-31611064249
2011 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-05-31$81,593
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-05-31$11,296
Total income from all sources (including contributions)2011-05-31$2,844,410
Total loss/gain on sale of assets2011-05-31$2,113,676
Total of all expenses incurred2011-05-31$1,347,276
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-05-31$1,249,814
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-05-31$513,165
Value of total assets at end of year2011-05-31$13,510,410
Value of total assets at beginning of year2011-05-31$11,942,979
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-05-31$97,462
Total interest from all sources2011-05-31$4,041
Total dividends received (eg from common stock, registered investment company shares)2011-05-31$213,528
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-05-31No
Was this plan covered by a fidelity bond2011-05-31Yes
Value of fidelity bond cover2011-05-31$500,000
If this is an individual account plan, was there a blackout period2011-05-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-05-31$0
Were there any nonexempt tranactions with any party-in-interest2011-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-05-31$2,743
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-05-31$4,324
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-05-31$41
Liabilities. Value of operating payables at end of year2011-05-31$70,256
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-05-31No
Value of net income/loss2011-05-31$1,497,134
Value of net assets at end of year (total assets less liabilities)2011-05-31$13,428,817
Value of net assets at beginning of year (total assets less liabilities)2011-05-31$11,931,683
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-05-31No
Were any leases to which the plan was party in default or uncollectible2011-05-31No
Investment advisory and management fees2011-05-31$97,462
Income. Interest from corporate debt instruments2011-05-31$4,041
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-05-31$73,422
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-05-31$507,746
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-05-31$507,746
Expenses. Payments to insurance carriers foe the provision of benefits2011-05-31$11,296
Asset value of US Government securities at end of year2011-05-31$12,934,245
Asset value of US Government securities at beginning of year2011-05-31$1,499,431
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-05-31Yes
Was there a failure to transmit to the plan any participant contributions2011-05-31No
Has the plan failed to provide any benefit when due under the plan2011-05-31No
Contributions received in cash from employer2011-05-31$513,165
Employer contributions (assets) at end of year2011-05-31$500,000
Employer contributions (assets) at beginning of year2011-05-31$500,000
Income. Dividends from common stock2011-05-31$213,528
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-05-31$1,238,518
Asset. Corporate debt instrument debt (other) at beginning of year2011-05-31$9,431,478
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-05-31No
Liabilities. Value of benefit claims payable at end of year2011-05-31$11,296
Liabilities. Value of benefit claims payable at beginning of year2011-05-31$11,296
Did the plan have assets held for investment2011-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-05-31No
Aggregate proceeds on sale of assets2011-05-31$49,982,427
Aggregate carrying amount (costs) on sale of assets2011-05-31$47,868,751
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-05-31No
Opinion of an independent qualified public accountant for this plan2011-05-31Unqualified
Accountancy firm name2011-05-31DEMING MALONE LIVESAY & OSTROFF
Accountancy firm EIN2011-05-31611064249
2010 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-05-31$0
2008 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2008 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2008-05-31$0
2007 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2007 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2007-05-31$0
2006 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2006 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2006-05-31$0
2005 : THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2005 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2005-05-31$0

Form 5500 Responses for THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN

2015: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-06-01Type of plan entitySingle employer plan
2015-06-01This submission is the final filingYes
2015-06-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-06-01Plan funding arrangement – TrustYes
2015-06-01Plan benefit arrangement - TrustYes
2014: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-06-01Type of plan entitySingle employer plan
2014-06-01Submission has been amendedNo
2014-06-01This submission is the final filingNo
2014-06-01This return/report is a short plan year return/report (less than 12 months)No
2014-06-01Plan is a collectively bargained planNo
2014-06-01Plan funding arrangement – InsuranceYes
2014-06-01Plan funding arrangement – TrustYes
2014-06-01Plan benefit arrangement – InsuranceYes
2014-06-01Plan benefit arrangement - TrustYes
2013: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-06-01Type of plan entitySingle employer plan
2013-06-01Submission has been amendedNo
2013-06-01This submission is the final filingNo
2013-06-01This return/report is a short plan year return/report (less than 12 months)No
2013-06-01Plan is a collectively bargained planNo
2013-06-01Plan funding arrangement – InsuranceYes
2013-06-01Plan funding arrangement – TrustYes
2013-06-01Plan benefit arrangement – InsuranceYes
2013-06-01Plan benefit arrangement - TrustYes
2012: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-06-01Type of plan entitySingle employer plan
2012-06-01Submission has been amendedNo
2012-06-01This submission is the final filingNo
2012-06-01This return/report is a short plan year return/report (less than 12 months)No
2012-06-01Plan is a collectively bargained planNo
2012-06-01Plan funding arrangement – InsuranceYes
2012-06-01Plan funding arrangement – TrustYes
2012-06-01Plan benefit arrangement – InsuranceYes
2012-06-01Plan benefit arrangement - TrustYes
2011: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-06-01Type of plan entitySingle employer plan
2011-06-01Submission has been amendedNo
2011-06-01This submission is the final filingNo
2011-06-01This return/report is a short plan year return/report (less than 12 months)No
2011-06-01Plan is a collectively bargained planNo
2011-06-01Plan funding arrangement – InsuranceYes
2011-06-01Plan funding arrangement – TrustYes
2011-06-01Plan benefit arrangement – InsuranceYes
2011-06-01Plan benefit arrangement - TrustYes
2010: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2010 form 5500 responses
2010-06-01Type of plan entitySingle employer plan
2010-06-01Submission has been amendedYes
2010-06-01This submission is the final filingNo
2010-06-01This return/report is a short plan year return/report (less than 12 months)No
2010-06-01Plan is a collectively bargained planNo
2010-06-01Plan funding arrangement – InsuranceYes
2010-06-01Plan funding arrangement – TrustYes
2010-06-01Plan benefit arrangement – InsuranceYes
2010-06-01Plan benefit arrangement - TrustYes
2009: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-06-01Type of plan entitySingle employer plan
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planNo
2009-06-01Plan funding arrangement – InsuranceYes
2009-06-01Plan funding arrangement – TrustYes
2009-06-01Plan benefit arrangement – InsuranceYes
2009-06-01Plan benefit arrangement - TrustYes
2008: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2008 form 5500 responses
2008-06-01Type of plan entitySingle employer plan
2008-06-01Submission has been amendedYes
2008-06-01This submission is the final filingNo
2008-06-01This return/report is a short plan year return/report (less than 12 months)No
2008-06-01Plan is a collectively bargained planNo
2007: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2007 form 5500 responses
2007-06-01Type of plan entitySingle employer plan
2007-06-01Submission has been amendedYes
2007-06-01This submission is the final filingNo
2007-06-01This return/report is a short plan year return/report (less than 12 months)No
2007-06-01Plan is a collectively bargained planNo
2007-06-01Plan funding arrangement – InsuranceYes
2007-06-01Plan funding arrangement – TrustYes
2007-06-01Plan benefit arrangement – InsuranceYes
2007-06-01Plan benefit arrangement - TrustYes
2006: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2006 form 5500 responses
2006-06-01Type of plan entitySingle employer plan
2006-06-01Submission has been amendedYes
2006-06-01This submission is the final filingNo
2006-06-01This return/report is a short plan year return/report (less than 12 months)No
2006-06-01Plan is a collectively bargained planNo
2006-06-01Plan funding arrangement – InsuranceYes
2006-06-01Plan funding arrangement – TrustYes
2006-06-01Plan benefit arrangement – InsuranceYes
2006-06-01Plan benefit arrangement - TrustYes
2005: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2005 form 5500 responses
2005-06-01Type of plan entitySingle employer plan
2005-06-01Submission has been amendedYes
2005-06-01This submission is the final filingNo
2005-06-01This return/report is a short plan year return/report (less than 12 months)No
2005-06-01Plan is a collectively bargained planNo
2005-06-01Plan funding arrangement – InsuranceYes
2005-06-01Plan funding arrangement – TrustYes
2005-06-01Plan benefit arrangement – InsuranceYes
2005-06-01Plan benefit arrangement - TrustYes
2004: THE SULLIVAN UNIVERSITY SYSTEM, INC. PROFIT SHARING PLAN 2004 form 5500 responses
2004-06-01Type of plan entitySingle employer plan
2004-06-01Submission has been amendedYes
2004-06-01This submission is the final filingNo
2004-06-01This return/report is a short plan year return/report (less than 12 months)No
2004-06-01Plan is a collectively bargained planNo
2004-06-01Plan funding arrangement – InsuranceYes
2004-06-01Plan funding arrangement – TrustYes
2004-06-01Plan benefit arrangement – InsuranceYes
2004-06-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66680 )
Policy contract number0188950
Policy instance 1
NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66680 )
Policy contract number0188950
Policy instance 1
NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66680 )
Policy contract number0188950
Policy instance 1
NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66680 )
Policy contract number0188950
Policy instance 1
NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66680 )
Policy contract number0188950
Policy instance 1

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