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MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameMILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Stock bonus
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • The employer maintaining this ESOP is an S Corporation
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

AMARILLO COLLEGE OF HAIRDRESSING, INC. has sponsored the creation of one or more 401k plans.

Company Name:AMARILLO COLLEGE OF HAIRDRESSING, INC.
Employer identification number (EIN):751640547
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01TARA SPRAGUE2023-10-16
0022021-01-01TARA SPRAGUE2022-10-17
0022020-01-01TARA SPRAGUE2021-10-13
0022019-01-01
0022018-01-01
0022018-01-01
0022017-01-01TARA SPRAGUE
0022017-01-01
0022016-01-01TARA SPRAGUE
0022016-01-01TARA SPRAGUE
0022015-01-01TARA SPRAGUE
0022015-01-01TARA SPRAGUE
0022014-01-01TARA SPRAGUE
0022013-01-01TARA SPRAGUE
0022012-01-01TARA SPRAGUE
0022011-01-01TARA SPRAGUE

Plan Statistics for MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01727
Total number of active participants reported on line 7a of the Form 55002022-01-01276
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01424
Total of all active and inactive participants2022-01-01700
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01701
Number of participants with account balances2022-01-01695
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0133
2021: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01735
Total number of active participants reported on line 7a of the Form 55002021-01-01279
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01454
Total of all active and inactive participants2021-01-01733
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01733
Number of participants with account balances2021-01-01728
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0133
2020: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01552
Total number of active participants reported on line 7a of the Form 55002020-01-01260
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-01295
Total of all active and inactive participants2020-01-01556
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-012
Total participants2020-01-01558
Number of participants with account balances2020-01-01552
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0113
2019: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01655
Total number of active participants reported on line 7a of the Form 55002019-01-01282
Number of retired or separated participants receiving benefits2019-01-0136
Number of other retired or separated participants entitled to future benefits2019-01-01319
Total of all active and inactive participants2019-01-01637
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01637
Number of participants with account balances2019-01-01628
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0143
2018: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01552
Total number of active participants reported on line 7a of the Form 55002018-01-01260
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-01295
Total of all active and inactive participants2018-01-01556
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-01558
Number of participants with account balances2018-01-01552
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0113
2017: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01552
Total number of active participants reported on line 7a of the Form 55002017-01-01286
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01280
Total of all active and inactive participants2017-01-01566
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-01568
Number of participants with account balances2017-01-01562
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0147
2016: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01253
Total number of active participants reported on line 7a of the Form 55002016-01-01296
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01210
Total of all active and inactive participants2016-01-01506
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01507
Number of participants with account balances2016-01-01462
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0160
2015: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01548
Total number of active participants reported on line 7a of the Form 55002015-01-01321
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01143
Total of all active and inactive participants2015-01-01464
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01464
Number of participants with account balances2015-01-01464
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0176
2014: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01556
Total number of active participants reported on line 7a of the Form 55002014-01-01356
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01161
Total of all active and inactive participants2014-01-01517
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01517
Number of participants with account balances2014-01-01515
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0185
2013: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01492
Total number of active participants reported on line 7a of the Form 55002013-01-01387
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01140
Total of all active and inactive participants2013-01-01527
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01527
Number of participants with account balances2013-01-01525
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0189
2012: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01338
Total number of active participants reported on line 7a of the Form 55002012-01-01377
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0150
Total of all active and inactive participants2012-01-01427
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01427
Number of participants with account balances2012-01-01427
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0166
2011: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01228
Total number of active participants reported on line 7a of the Form 55002011-01-01283
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-01283
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01283
Number of participants with account balances2011-01-01283
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$0
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$17,250
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$17,250
Total income from all sources (including contributions)2022-12-31$73,066
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$73,066
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$69,506
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$73,066
Value of total assets at end of year2022-12-31$5,938,757
Value of total assets at beginning of year2022-12-31$5,938,757
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$3,560
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$17,250
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$17,250
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$0
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,921,507
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$5,921,507
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$2,526,817
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,526,817
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,526,817
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$3,383,631
Assets. Invements in employer securities at beginning of year2022-12-31$3,383,631
Contributions received in cash from employer2022-12-31$73,066
Employer contributions (assets) at end of year2022-12-31$28,309
Employer contributions (assets) at beginning of year2022-12-31$28,309
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$69,506
Contract administrator fees2022-12-31$3,560
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Disclaimer
Accountancy firm name2022-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2022-12-31050568611
2021 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$-244,366
Total unrealized appreciation/depreciation of assets2021-12-31$-244,366
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$18,095
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Expenses. Interest paid2021-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-12-31$0
Total income from all sources (including contributions)2021-12-31$-226,271
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$18,095
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$18,095
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$18,095
Value of total assets at end of year2021-12-31$3,404,133
Value of total assets at beginning of year2021-12-31$3,630,404
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$0
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$10,214
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-244,366
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,386,038
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,630,404
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,407
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$56,516
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$56,516
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$3,383,631
Assets. Invements in employer securities at beginning of year2021-12-31$3,563,674
Contributions received in cash from employer2021-12-31$18,095
Employer contributions (assets) at end of year2021-12-31$18,095
Employer contributions (assets) at beginning of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$18,095
Liabilities. Value of benefit claims payable at end of year2021-12-31$18,095
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$0
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Disclaimer
2020 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-21,835
Total unrealized appreciation/depreciation of assets2020-12-31$-21,835
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$52,632
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$62,029
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$62,029
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$3,630,404
Value of total assets at beginning of year2020-12-31$3,639,801
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$0
Total interest from all sources2020-12-31$4,467
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$10,214
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$10,214
Other income not declared elsewhere2020-12-31$70,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-9,397
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,630,404
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,639,801
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$56,516
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$65,913
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$65,913
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$4,467
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$3,563,674
Assets. Invements in employer securities at beginning of year2020-12-31$3,563,674
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$62,029
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
2019 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$-95,240
Total unrealized appreciation/depreciation of assets2019-12-31$-95,240
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$30,944
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$19,570
Total income from all sources (including contributions)2019-12-31$-27,124
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$124,672
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$124,273
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$68,116
Value of total assets at end of year2019-12-31$3,453,063
Value of total assets at beginning of year2019-12-31$3,593,485
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$399
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$10,214
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$10,214
Administrative expenses (other) incurred2019-12-31$399
Liabilities. Value of operating payables at end of year2019-12-31$30,360
Liabilities. Value of operating payables at beginning of year2019-12-31$8,091
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$-151,796
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,422,119
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,573,915
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$3,615
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$65,912
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$65,912
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$3,422,118
Assets. Invements in employer securities at beginning of year2019-12-31$3,517,359
Contributions received in cash from employer2019-12-31$68,116
Employer contributions (assets) at end of year2019-12-31$17,116
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$124,273
Liabilities. Value of benefit claims payable at end of year2019-12-31$584
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$11,479
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2019-12-31050568611
2018 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-21,835
Total unrealized appreciation/depreciation of assets2018-12-31$-21,835
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$584
Total income from all sources (including contributions)2018-12-31$52,832
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$62,029
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$62,029
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$3,639,801
Value of total assets at beginning of year2018-12-31$3,649,582
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$0
Total interest from all sources2018-12-31$4,667
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$10,214
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$80,214
Other income not declared elsewhere2018-12-31$70,000
Administrative expenses (other) incurred2018-12-31$45
Liabilities. Value of operating payables at end of year2018-12-31$8,091
Liabilities. Value of operating payables at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-9,197
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,639,801
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,648,998
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$65,913
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$5,694
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$5,694
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$4,667
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$3,563,674
Assets. Invements in employer securities at beginning of year2018-12-31$3,563,674
Contributions received in cash from employer2018-12-31$31,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$62,029
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Liabilities. Value of benefit claims payable at end of year2018-12-31$11,479
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$584
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2018-12-31050568611
2017 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$-273,326
Total unrealized appreciation/depreciation of assets2017-12-31$-273,326
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$584
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$967
Total income from all sources (including contributions)2017-12-31$-273,326
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$0
Value of total assets at end of year2017-12-31$3,649,582
Value of total assets at beginning of year2017-12-31$3,923,291
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$0
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$80,214
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$10,214
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-273,326
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,648,998
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,922,324
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$5,694
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$76,077
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$76,077
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$3,563,674
Assets. Invements in employer securities at beginning of year2017-12-31$3,837,000
Liabilities. Value of benefit claims payable at end of year2017-12-31$584
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$967
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2017-12-31050568611
2016 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-282,576
Total unrealized appreciation/depreciation of assets2016-12-31$-282,576
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$882
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$182,542
Total income from all sources (including contributions)2016-12-31$-279,260
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$140
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$140
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$0
Value of total assets at end of year2016-12-31$4,668,858
Value of total assets at beginning of year2016-12-31$5,129,918
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$0
Total interest from all sources2016-12-31$40
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$100,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$140
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$112,617
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$112,617
Other income not declared elsewhere2016-12-31$3,276
Administrative expenses (other) incurred2016-12-31$130
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-279,400
Value of net assets at end of year (total assets less liabilities)2016-12-31$4,667,976
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$4,947,376
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$76,077
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$254,561
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$254,561
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$40
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$3,832,316
Assets. Invements in employer securities at beginning of year2016-12-31$4,114,892
Contributions received in cash from employer2016-12-31$0
Employer contributions (assets) at end of year2016-12-31$647,848
Employer contributions (assets) at beginning of year2016-12-31$647,848
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$0
Liabilities. Value of benefit claims payable at end of year2016-12-31$882
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$182,542
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2016-12-31050568611
2015 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$412,272
Total unrealized appreciation/depreciation of assets2015-12-31$412,272
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$182,542
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$1,274,958
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$182,587
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$182,587
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$750,000
Value of total assets at end of year2015-12-31$5,129,918
Value of total assets at beginning of year2015-12-31$3,855,005
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$0
Total interest from all sources2015-12-31$69
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$100,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-12-31$45
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$112,617
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$121,309
Other income not declared elsewhere2015-12-31$112,617
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$1,092,371
Value of net assets at end of year (total assets less liabilities)2015-12-31$4,947,376
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,855,005
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$254,561
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$20,905
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$20,905
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$69
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$4,114,892
Assets. Invements in employer securities at beginning of year2015-12-31$2,102,620
Contributions received in cash from employer2015-12-31$750,000
Employer contributions (assets) at end of year2015-12-31$647,848
Employer contributions (assets) at beginning of year2015-12-31$1,610,171
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$182,542
Liabilities. Value of benefit claims payable at end of year2015-12-31$182,542
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$0
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2015-12-31050568611
2014 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$113,725
Total unrealized appreciation/depreciation of assets2014-12-31$113,725
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,946,921
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$135,300
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$135,285
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,711,749
Value of total assets at end of year2014-12-31$3,855,005
Value of total assets at beginning of year2014-12-31$2,043,384
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$15
Total interest from all sources2014-12-31$15
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$100,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$121,309
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$10,048
Other income not declared elsewhere2014-12-31$121,432
Administrative expenses (other) incurred2014-12-31$15
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,811,621
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,855,005
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,043,384
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$20,905
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$10,734
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$10,734
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$15
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$2,102,620
Assets. Invements in employer securities at beginning of year2014-12-31$2,022,602
Contributions received in cash from employer2014-12-31$1,711,749
Employer contributions (assets) at end of year2014-12-31$1,610,171
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$135,285
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2014-12-31050568611
2013 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$-83,481
Total unrealized appreciation/depreciation of assets2013-12-31$-83,481
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$-73,419
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$175
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$0
Value of total assets at end of year2013-12-31$2,043,384
Value of total assets at beginning of year2013-12-31$2,116,978
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$175
Total interest from all sources2013-12-31$14
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31No
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$10,048
Other income not declared elsewhere2013-12-31$10,048
Administrative expenses (other) incurred2013-12-31$175
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-73,594
Value of net assets at end of year (total assets less liabilities)2013-12-31$2,043,384
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,116,978
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$10,734
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$10,895
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$10,895
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$14
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$2,022,602
Assets. Invements in employer securities at beginning of year2013-12-31$2,106,083
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2013-12-31050568611
2012 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$116,083
Total unrealized appreciation/depreciation of assets2012-12-31$116,083
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,116,978
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,000,000
Value of total assets at end of year2012-12-31$2,116,978
Value of total assets at beginning of year2012-12-31$1,000,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$0
Total interest from all sources2012-12-31$895
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31No
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,116,978
Value of net assets at end of year (total assets less liabilities)2012-12-31$2,116,978
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,000,000
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$10,895
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$895
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$2,106,083
Contributions received in cash from employer2012-12-31$1,000,000
Employer contributions (assets) at beginning of year2012-12-31$1,000,000
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2012-12-31050568611
2011 : MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$1,000,000
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,000,000
Value of total assets at end of year2011-12-31$1,000,000
Value of total assets at beginning of year2011-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$0
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31No
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Total non interest bearing cash at beginning of year2011-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,000,000
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,000,000
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$1,000,000
Employer contributions (assets) at end of year2011-12-31$1,000,000
Did the plan have assets held for investment2011-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31SALMON SIMS THOMAS & ASSOCIATES
Accountancy firm EIN2011-12-31050568611

Form 5500 Responses for MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN

2022: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedYes
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MILAN INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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