401k Plan data: MILAN INSTITUTE PROFIT SHARING 401K PLAN plan

MILAN INSTITUTE PROFIT SHARING 401K PLAN 401k Plan overview

Plan Name	MILAN INSTITUTE PROFIT SHARING 401K PLAN
Plan identification number	001

MILAN INSTITUTE PROFIT SHARING 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MILAN INSTITUTE has sponsored the creation of one or more 401k plans.

Company Name: MILAN INSTITUTE

Employer identification number (EIN): 770057609

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MILAN INSTITUTE PROFIT SHARING 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01 TARA SPRAGUE
001 2013-01-01 TARA SPRAGUE
001 2012-01-01 TARA SPRAGUE
001 2011-01-01 TARA SPRAGUE RICHARD WRIGHT 2012-10-12
001 2010-01-01 TARA SPRAGUE
001 2009-01-01 RICHARD WRIGHT

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2014-01-01	TARA SPRAGUE
001	2013-01-01	TARA SPRAGUE
001	2012-01-01	TARA SPRAGUE
001	2011-01-01	TARA SPRAGUE	RICHARD WRIGHT	2012-10-12
001	2010-01-01	TARA SPRAGUE
001	2009-01-01	RICHARD WRIGHT

Plan Statistics for MILAN INSTITUTE PROFIT SHARING 401K PLAN

401k plan membership statisitcs for MILAN INSTITUTE PROFIT SHARING 401K PLAN

Measure Date Value
2014: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 849
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 622
Number of other retired or separated participants entitled to future benefits 2014-01-01 202
Total of all active and inactive participants 2014-01-01 824
Total participants 2014-01-01 824
Number of participants with account balances 2014-01-01 771
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 78
2013: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 992
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 553
Number of other retired or separated participants entitled to future benefits 2013-01-01 273
Total of all active and inactive participants 2013-01-01 826
Total participants 2013-01-01 826
Number of participants with account balances 2013-01-01 788
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 104
2012: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 1,244
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 616
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 359
Total of all active and inactive participants 2012-01-01 975
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 975
Number of participants with account balances 2012-01-01 950
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 229
2011: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 877
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 679
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 542
Total of all active and inactive participants 2011-01-01 1,221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 1,221
Number of participants with account balances 2011-01-01 1,221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 227
2010: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 705
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 576
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 307
Total of all active and inactive participants 2010-01-01 883
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 883
Number of participants with account balances 2010-01-01 810
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 162
2009: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 494
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 484
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 180
Total of all active and inactive participants 2009-01-01 664
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 664
Number of participants with account balances 2009-01-01 615
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 120

Measure	Date	Value
2014: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	849
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	622
Number of other retired or separated participants entitled to future benefits	2014-01-01	202
Total of all active and inactive participants	2014-01-01	824
Total participants	2014-01-01	824
Number of participants with account balances	2014-01-01	771
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	78
2013: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	992
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	553
Number of other retired or separated participants entitled to future benefits	2013-01-01	273
Total of all active and inactive participants	2013-01-01	826
Total participants	2013-01-01	826
Number of participants with account balances	2013-01-01	788
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	104
2012: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	1,244
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	616
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	359
Total of all active and inactive participants	2012-01-01	975
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	975
Number of participants with account balances	2012-01-01	950
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	229
2011: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	877
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	679
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	542
Total of all active and inactive participants	2011-01-01	1,221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	1,221
Number of participants with account balances	2011-01-01	1,221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	227
2010: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	705
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	576
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	307
Total of all active and inactive participants	2010-01-01	883
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	883
Number of participants with account balances	2010-01-01	810
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	162
2009: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	494
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	484
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	180
Total of all active and inactive participants	2009-01-01	664
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	664
Number of participants with account balances	2009-01-01	615
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	120

Financial Data on MILAN INSTITUTE PROFIT SHARING 401K PLAN

Measure	Date	Value
2014 : MILAN INSTITUTE PROFIT SHARING 401K PLAN 2014 401k financial data
Total income from all sources (including contributions)	2014-12-31	$1,011,497
Total of all expenses incurred	2014-12-31	$758,192
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$701,804
Value of total corrective distributions	2014-12-31	$6,852
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$675,929
Value of total assets at end of year	2014-12-31	$5,488,150
Value of total assets at beginning of year	2014-12-31	$5,234,845
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$49,536
Total interest from all sources	2014-12-31	$8,097
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$27,857
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$300,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$561,827
Participant contributions at end of year	2014-12-31	$185,650
Participant contributions at beginning of year	2014-12-31	$166,902
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$19,874
Other income not declared elsewhere	2014-12-31	$8,646
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$253,305
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$5,488,150
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$5,234,845
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$21,679
Value of interest in pooled separate accounts at end of year	2014-12-31	$4,833,597
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$4,602,777
Income. Interest from loans (other than to participants)	2014-12-31	$8,097
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$468,903
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$465,166
Net investment gain/loss from pooled separate accounts	2014-12-31	$318,825
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$94,228
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$701,804
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	SALMONS SIMS THOMAS & ASSOCIATES
Accountancy firm EIN	2014-12-31	050568611
2013 : MILAN INSTITUTE PROFIT SHARING 401K PLAN 2013 401k financial data
Total income from all sources (including contributions)	2013-12-31	$1,682,632
Total of all expenses incurred	2013-12-31	$1,085,788
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,021,581
Expenses. Certain deemed distributions of participant loans	2013-12-31	$10,043
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$914,076
Value of total assets at end of year	2013-12-31	$5,234,845
Value of total assets at beginning of year	2013-12-31	$4,638,001
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$54,164
Total interest from all sources	2013-12-31	$5,886
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Administrative expenses professional fees incurred	2013-12-31	$34,130
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$300,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$613,000
Participant contributions at end of year	2013-12-31	$166,902
Participant contributions at beginning of year	2013-12-31	$149,043
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$11,675
Other income not declared elsewhere	2013-12-31	$10,564
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$596,844
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$5,234,845
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$4,638,001
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$20,034
Value of interest in pooled separate accounts at end of year	2013-12-31	$4,602,777
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$3,982,590
Interest on participant loans	2013-12-31	$5,886
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$465,166
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$506,368
Net investment gain/loss from pooled separate accounts	2013-12-31	$752,106
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$289,401
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,021,581
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	SALMONS SIMS THOMAS & ASSOCIATES
Accountancy firm EIN	2013-12-31	050568611
2012 : MILAN INSTITUTE PROFIT SHARING 401K PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
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	$1,497,733
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$523,226
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$459,930
Expenses. Certain deemed distributions of participant loans	2012-12-31	$8,323
Value of total corrective distributions	2012-12-31	$854
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,029,650
Value of total assets at end of year	2012-12-31	$4,638,001
Value of total assets at beginning of year	2012-12-31	$3,663,494
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$54,119
Total interest from all sources	2012-12-31	$4,594
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 year	2012-12-31	No
Administrative expenses professional fees incurred	2012-12-31	$36,884
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$300,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$684,285
Participant contributions at end of year	2012-12-31	$149,043
Participant contributions at beginning of year	2012-12-31	$118,644
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$26,519
Other income not declared elsewhere	2012-12-31	$10,645
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$974,507
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$4,638,001
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$3,663,494
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$17,235
Value of interest in pooled separate accounts at end of year	2012-12-31	$3,982,590
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$3,012,938
Interest on participant loans	2012-12-31	$4,594
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$506,368
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$531,912
Net investment gain/loss from pooled separate accounts	2012-12-31	$452,844
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$318,846
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$459,930
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	SALMONS SIMS THOMAS & ASSOCIATES
Accountancy firm EIN	2012-12-31	050568611
2011 : MILAN INSTITUTE PROFIT SHARING 401K PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$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	$855,918
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$299,605
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$270,102
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$912,656
Value of total assets at end of year	2011-12-31	$3,663,494
Value of total assets at beginning of year	2011-12-31	$3,107,181
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$29,503
Total interest from all sources	2011-12-31	$3,172
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 year	2011-12-31	No
Administrative expenses professional fees incurred	2011-12-31	$15,546
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$300,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$677,382
Participant contributions at end of year	2011-12-31	$118,644
Participant contributions at beginning of year	2011-12-31	$59,228
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$5,526
Other income not declared elsewhere	2011-12-31	$13,285
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$556,313
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$3,663,494
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$3,107,181
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$13,957
Value of interest in pooled separate accounts at end of year	2011-12-31	$3,012,938
Value of interest in pooled separate accounts at beginning of year	2011-12-31	$2,571,778
Interest on participant loans	2011-12-31	$2,988
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$184
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$531,912
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$476,175
Net investment gain/loss from pooled separate accounts	2011-12-31	$-73,195
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$229,748
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$270,102
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	SALMONS SIMS THOMAS & ASSOCIATES
Accountancy firm EIN	2011-12-31	050568611
2010 : MILAN INSTITUTE PROFIT SHARING 401K PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,122,261
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$451,459
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$431,144
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$797,101
Value of total assets at end of year	2010-12-31	$3,107,181
Value of total assets at beginning of year	2010-12-31	$2,436,379
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$20,315
Total interest from all sources	2010-12-31	$1,363
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Administrative expenses professional fees incurred	2010-12-31	$8,007
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$300,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$526,955
Participant contributions at end of year	2010-12-31	$59,228
Participant contributions at beginning of year	2010-12-31	$37,103
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$21,882
Other income not declared elsewhere	2010-12-31	$13,585
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$670,802
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$3,107,181
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,436,379
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in pooled separate accounts at end of year	2010-12-31	$2,571,778
Value of interest in pooled separate accounts at beginning of year	2010-12-31	$1,959,572
Interest on participant loans	2010-12-31	$1,363
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$476,175
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$439,704
Net investment gain/loss from pooled separate accounts	2010-12-31	$310,212
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$248,264
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$431,144
Contract administrator fees	2010-12-31	$12,308
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	SALMONS SIMS THOMAS & ASSOCIATES
Accountancy firm EIN	2010-12-31	050568611
2009 : MILAN INSTITUTE PROFIT SHARING 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for MILAN INSTITUTE PROFIT SHARING 401K PLAN

2014: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: MILAN INSTITUTE PROFIT SHARING 401K PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MILAN INSTITUTE
Employer identification number (EIN):	770057609
NAIC Classification:	611000