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LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 401k Plan overview

Plan NameLINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN
Plan identification number 002

LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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

LINCOLN TECHNICAL INSTITUTE, INC. has sponsored the creation of one or more 401k plans.

Company Name:LINCOLN TECHNICAL INSTITUTE, INC.
Employer identification number (EIN):222074593
NAIC Classification:611000

Additional information about LINCOLN TECHNICAL INSTITUTE, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1975-09-10
Company Identification Number: 0003792306
Legal Registered Office Address: 14 SYLVAN WAY # A

PARSIPPANY
United States of America (USA)
07054

More information about LINCOLN TECHNICAL INSTITUTE, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01BRIAN MEYERS2023-10-10
0022021-01-01BRIAN MEYERS2022-08-21
0022020-01-01BRIAN MEYERS2021-10-14
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01BRIAN MEYERS BRIAN MEYERS2017-10-13
0022015-01-01BRIAN MEYERS BRIAN MEYERS2016-10-17
0022014-01-01BRIAN MEYERS BRIAN MEYERS2015-10-14
0022013-01-01CESAR RIBEIRO CESAR RIBEIRO2014-10-14
0022012-01-01CESAR RIBEIRO CESAR RIBEIRO2013-10-14
0022011-01-01CESAR RIBEIRO CESAR RIBEIRO2012-10-11
0022010-01-01CESAR RIBEIRO CESAR RIBEIRO2011-10-05
0022009-01-01CESAR RIBEIRO CESAR RIBEIRO2010-10-13

Plan Statistics for LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN

401k plan membership statisitcs for LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN

Measure Date Value
2022: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013,183
Total number of active participants reported on line 7a of the Form 55002022-01-011,909
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-011,400
Total of all active and inactive participants2022-01-013,309
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0113
Total participants2022-01-013,322
Number of participants with account balances2022-01-013,161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01370
2021: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012,962
Total number of active participants reported on line 7a of the Form 55002021-01-011,899
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-011,272
Total of all active and inactive participants2021-01-013,171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0112
Total participants2021-01-013,183
Number of participants with account balances2021-01-012,870
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01300
2020: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012,873
Total number of active participants reported on line 7a of the Form 55002020-01-011,779
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-011,177
Total of all active and inactive participants2020-01-012,956
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-016
Total participants2020-01-012,962
Number of participants with account balances2020-01-012,671
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01155
2019: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,938
Total number of active participants reported on line 7a of the Form 55002019-01-011,709
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-011,159
Total of all active and inactive participants2019-01-012,868
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-015
Total participants2019-01-012,873
Number of participants with account balances2019-01-012,532
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0119
2018: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012,954
Total number of active participants reported on line 7a of the Form 55002018-01-011,762
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-011,172
Total of all active and inactive participants2018-01-012,934
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-014
Total participants2018-01-012,938
Number of participants with account balances2018-01-012,500
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0164
2017: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-013,483
Total number of active participants reported on line 7a of the Form 55002017-01-011,857
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-011,094
Total of all active and inactive participants2017-01-012,951
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-013
Total participants2017-01-012,954
Number of participants with account balances2017-01-012,451
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01116
2016: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-014,056
Total number of active participants reported on line 7a of the Form 55002016-01-011,898
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-011,555
Total of all active and inactive participants2016-01-013,453
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-013,454
Number of participants with account balances2016-01-012,951
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01130
2015: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014,690
Total number of active participants reported on line 7a of the Form 55002015-01-012,646
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011,380
Total of all active and inactive participants2015-01-014,026
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-013
Total participants2015-01-014,029
Number of participants with account balances2015-01-013,043
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-01228
2014: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-014,929
Total number of active participants reported on line 7a of the Form 55002014-01-012,898
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011,788
Total of all active and inactive participants2014-01-014,686
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-014
Total participants2014-01-014,690
Number of participants with account balances2014-01-013,690
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-01248
2013: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-015,045
Total number of active participants reported on line 7a of the Form 55002013-01-013,166
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011,760
Total of all active and inactive participants2013-01-014,926
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-013
Total participants2013-01-014,929
Number of participants with account balances2013-01-013,905
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-01345
2012: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-015,174
Total number of active participants reported on line 7a of the Form 55002012-01-013,489
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-011,553
Total of all active and inactive participants2012-01-015,042
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-013
Total participants2012-01-015,045
Number of participants with account balances2012-01-013,990
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-01436
2011: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-015,254
Total number of active participants reported on line 7a of the Form 55002011-01-013,799
Number of retired or separated participants receiving benefits2011-01-017
Number of other retired or separated participants entitled to future benefits2011-01-011,365
Total of all active and inactive participants2011-01-015,171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-013
Total participants2011-01-015,174
Number of participants with account balances2011-01-014,123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-01635
2010: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-014,902
Total number of active participants reported on line 7a of the Form 55002010-01-014,330
Number of retired or separated participants receiving benefits2010-01-014
Number of other retired or separated participants entitled to future benefits2010-01-01919
Total of all active and inactive participants2010-01-015,253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-015,254
Number of participants with account balances2010-01-014,080
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-01509
2009: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013,643
Total number of active participants reported on line 7a of the Form 55002009-01-014,292
Number of retired or separated participants receiving benefits2009-01-015
Number of other retired or separated participants entitled to future benefits2009-01-01604
Total of all active and inactive participants2009-01-014,901
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-014,902
Number of participants with account balances2009-01-013,112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01414

Financial Data on LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN

Measure Date Value
2022 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2022 401k financial data
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$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-7,619,622
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$7,409,029
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$7,151,464
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$7,611,311
Value of total assets at end of year2022-12-31$78,347,031
Value of total assets at beginning of year2022-12-31$93,375,682
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$257,565
Total interest from all sources2022-12-31$56,092
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$3,469,328
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$3,469,328
Administrative expenses professional fees incurred2022-12-31$257,565
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
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
Contributions received from participants2022-12-31$6,373,039
Participant contributions at end of year2022-12-31$1,119,546
Participant contributions at beginning of year2022-12-31$1,221,039
Participant contributions at end of year2022-12-31$130,076
Participant contributions at beginning of year2022-12-31$122,700
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$533,170
Total non interest bearing cash at end of year2022-12-31$6,065
Total non interest bearing cash at beginning of year2022-12-31$20,702
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-15,028,651
Value of net assets at end of year (total assets less liabilities)2022-12-31$78,347,031
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$93,375,682
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 in registered invesment companies (eg mutual funds) at end of year2022-12-31$63,090,211
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$76,727,173
Interest on participant loans2022-12-31$56,092
Value of interest in common/collective trusts at end of year2022-12-31$13,986,430
Value of interest in common/collective trusts at beginning of year2022-12-31$15,270,461
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-18,948,853
Net investment gain or loss from common/collective trusts2022-12-31$192,500
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
Contributions received in cash from employer2022-12-31$705,102
Employer contributions (assets) at end of year2022-12-31$14,703
Employer contributions (assets) at beginning of year2022-12-31$13,607
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$7,151,464
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 plan2022-12-31Unqualified
Accountancy firm name2022-12-31GRANT THORNTON
Accountancy firm EIN2022-12-31366055558
2021 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$18,401,609
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$5,044,015
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$4,813,754
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$6,448,584
Value of total assets at end of year2021-12-31$93,375,682
Value of total assets at beginning of year2021-12-31$80,018,088
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$230,261
Total interest from all sources2021-12-31$67,988
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$4,207,113
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$4,207,113
Administrative expenses professional fees incurred2021-12-31$230,261
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,000,000
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
Contributions received from participants2021-12-31$5,598,619
Participant contributions at end of year2021-12-31$1,221,039
Participant contributions at beginning of year2021-12-31$1,459,316
Participant contributions at end of year2021-12-31$122,700
Participant contributions at beginning of year2021-12-31$116,329
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$146,304
Total non interest bearing cash at end of year2021-12-31$20,702
Total non interest bearing cash at beginning of year2021-12-31$1,185
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$13,357,594
Value of net assets at end of year (total assets less liabilities)2021-12-31$93,375,682
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$80,018,088
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 in registered invesment companies (eg mutual funds) at end of year2021-12-31$76,727,173
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$64,965,360
Interest on participant loans2021-12-31$67,988
Value of interest in common/collective trusts at end of year2021-12-31$15,270,461
Value of interest in common/collective trusts at beginning of year2021-12-31$13,462,939
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$7,519,183
Net investment gain or loss from common/collective trusts2021-12-31$158,741
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
Contributions received in cash from employer2021-12-31$703,661
Employer contributions (assets) at end of year2021-12-31$13,607
Employer contributions (assets) at beginning of year2021-12-31$12,959
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$4,813,754
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 plan2021-12-31Unqualified
Accountancy firm name2021-12-31GRANT THORNTON
Accountancy firm EIN2021-12-31366055558
2020 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
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$15,214,784
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$8,142,752
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$7,917,828
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$5,205,300
Value of total assets at end of year2020-12-31$80,018,088
Value of total assets at beginning of year2020-12-31$72,946,056
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$224,924
Total interest from all sources2020-12-31$83,069
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,789,435
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$1,789,435
Administrative expenses professional fees incurred2020-12-31$224,924
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$950,000
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
Contributions received from participants2020-12-31$4,748,609
Participant contributions at end of year2020-12-31$1,459,316
Participant contributions at beginning of year2020-12-31$1,674,194
Participant contributions at end of year2020-12-31$116,329
Participant contributions at beginning of year2020-12-31$93,350
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$23,386
Total non interest bearing cash at end of year2020-12-31$1,185
Total non interest bearing cash at beginning of year2020-12-31$106,088
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$7,072,032
Value of net assets at end of year (total assets less liabilities)2020-12-31$80,018,088
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$72,946,056
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 in registered invesment companies (eg mutual funds) at end of year2020-12-31$64,965,360
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$57,819,905
Interest on participant loans2020-12-31$83,069
Value of interest in common/collective trusts at end of year2020-12-31$13,462,939
Value of interest in common/collective trusts at beginning of year2020-12-31$13,252,519
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$7,940,175
Net investment gain or loss from common/collective trusts2020-12-31$196,805
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
Contributions received in cash from employer2020-12-31$433,305
Employer contributions (assets) at end of year2020-12-31$12,959
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$7,917,828
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
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
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31GRANT THORNTON
Accountancy firm EIN2020-12-31366055558
2019 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$36,156
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$36,156
Total income from all sources (including contributions)2019-12-31$17,257,387
Total income from all sources (including contributions)2019-12-31$17,257,387
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$6,499,106
Total of all expenses incurred2019-12-31$6,499,106
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$6,265,294
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$6,265,294
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,542,459
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,542,459
Value of total assets at end of year2019-12-31$72,946,056
Value of total assets at end of year2019-12-31$72,946,056
Value of total assets at beginning of year2019-12-31$62,223,931
Value of total assets at beginning of year2019-12-31$62,223,931
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$233,812
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$233,812
Total interest from all sources2019-12-31$90,098
Total interest from all sources2019-12-31$90,098
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,769,066
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,769,066
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,769,066
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,769,066
Administrative expenses professional fees incurred2019-12-31$233,812
Administrative expenses professional fees incurred2019-12-31$233,812
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$950,000
Value of fidelity bond cover2019-12-31$950,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$4,242,834
Contributions received from participants2019-12-31$4,242,834
Participant contributions at end of year2019-12-31$1,674,194
Participant contributions at end of year2019-12-31$1,674,194
Participant contributions at beginning of year2019-12-31$1,588,736
Participant contributions at beginning of year2019-12-31$1,588,736
Participant contributions at end of year2019-12-31$93,350
Participant contributions at end of year2019-12-31$93,350
Participant contributions at beginning of year2019-12-31$153,885
Participant contributions at beginning of year2019-12-31$153,885
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$173,129
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$173,129
Total non interest bearing cash at end of year2019-12-31$106,088
Total non interest bearing cash at end of year2019-12-31$106,088
Total non interest bearing cash at beginning of year2019-12-31$8,246
Total non interest bearing cash at beginning of year2019-12-31$8,246
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$10,758,281
Value of net income/loss2019-12-31$10,758,281
Value of net assets at end of year (total assets less liabilities)2019-12-31$72,946,056
Value of net assets at end of year (total assets less liabilities)2019-12-31$72,946,056
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$62,187,775
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$62,187,775
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
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 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
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$57,819,905
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$57,819,905
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$47,969,338
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$47,969,338
Interest on participant loans2019-12-31$90,098
Interest on participant loans2019-12-31$90,098
Value of interest in common/collective trusts at end of year2019-12-31$13,252,519
Value of interest in common/collective trusts at end of year2019-12-31$13,252,519
Value of interest in common/collective trusts at beginning of year2019-12-31$12,503,726
Value of interest in common/collective trusts at beginning of year2019-12-31$12,503,726
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$10,620,192
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$10,620,192
Net investment gain or loss from common/collective trusts2019-12-31$235,572
Net investment gain or loss from common/collective trusts2019-12-31$235,572
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$126,496
Contributions received in cash from employer2019-12-31$126,496
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
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$6,265,294
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$6,265,294
Liabilities. Value of benefit claims payable at end of year2019-12-31$0
Liabilities. Value of benefit claims payable at end of year2019-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$36,156
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$36,156
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
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
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31DELOITTE & TOUCHE LLP
Accountancy firm name2019-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2019-12-31133891517
Accountancy firm EIN2019-12-31133891517
2018 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$36,156
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$288,171
Total income from all sources (including contributions)2018-12-31$1,947,506
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$5,263,849
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$5,003,736
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$4,715,110
Value of total assets at end of year2018-12-31$62,223,931
Value of total assets at beginning of year2018-12-31$65,792,289
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$260,113
Total interest from all sources2018-12-31$74,206
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,891,900
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$1,891,900
Administrative expenses professional fees incurred2018-12-31$260,113
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$950,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$4,178,718
Participant contributions at end of year2018-12-31$1,588,736
Participant contributions at beginning of year2018-12-31$1,389,270
Participant contributions at end of year2018-12-31$153,885
Participant contributions at beginning of year2018-12-31$160,115
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$445,990
Total non interest bearing cash at end of year2018-12-31$8,246
Total non interest bearing cash at beginning of year2018-12-31$20,051
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-3,316,343
Value of net assets at end of year (total assets less liabilities)2018-12-31$62,187,775
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$65,504,118
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 in registered invesment companies (eg mutual funds) at end of year2018-12-31$47,969,338
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$51,612,406
Interest on participant loans2018-12-31$74,206
Value of interest in common/collective trusts at end of year2018-12-31$12,503,726
Value of interest in common/collective trusts at beginning of year2018-12-31$12,604,094
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-4,928,098
Net investment gain or loss from common/collective trusts2018-12-31$194,388
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
Contributions received in cash from employer2018-12-31$90,402
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$6,353
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$5,003,736
Liabilities. Value of benefit claims payable at end of year2018-12-31$36,156
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$288,171
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2018-12-31133891517
2017 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$288,171
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$14,004,597
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$8,203,208
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$7,925,058
Value of total corrective distributions2017-12-31$5,577
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$4,672,838
Value of total assets at end of year2017-12-31$65,792,289
Value of total assets at beginning of year2017-12-31$59,702,729
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$272,573
Total interest from all sources2017-12-31$64,794
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$1,484,134
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$1,484,134
Administrative expenses professional fees incurred2017-12-31$272,573
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$950,000
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
Contributions received from participants2017-12-31$4,318,135
Participant contributions at end of year2017-12-31$1,389,270
Participant contributions at beginning of year2017-12-31$1,753,362
Participant contributions at end of year2017-12-31$160,115
Participant contributions at beginning of year2017-12-31$164,805
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$217,570
Total non interest bearing cash at end of year2017-12-31$20,051
Total non interest bearing cash at beginning of year2017-12-31$36,895
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$5,801,389
Value of net assets at end of year (total assets less liabilities)2017-12-31$65,504,118
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$59,702,729
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 in registered invesment companies (eg mutual funds) at end of year2017-12-31$51,612,406
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$44,994,547
Interest on participant loans2017-12-31$64,794
Value of interest in common/collective trusts at end of year2017-12-31$12,604,094
Value of interest in common/collective trusts at beginning of year2017-12-31$12,742,391
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$7,628,119
Net investment gain or loss from common/collective trusts2017-12-31$154,712
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
Contributions received in cash from employer2017-12-31$137,133
Employer contributions (assets) at end of year2017-12-31$6,353
Employer contributions (assets) at beginning of year2017-12-31$10,729
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$7,925,058
Liabilities. Value of benefit claims payable at end of year2017-12-31$288,171
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)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2017-12-31133891517
2016 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$8,015,431
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$8,555,608
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$8,500,523
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$5,540,949
Value of total assets at end of year2016-12-31$59,702,729
Value of total assets at beginning of year2016-12-31$60,242,906
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$55,085
Total interest from all sources2016-12-31$71,711
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$1,407,558
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$1,407,558
Administrative expenses professional fees incurred2016-12-31$55,085
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$950,000
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
Contributions received from participants2016-12-31$4,697,480
Participant contributions at end of year2016-12-31$1,753,362
Participant contributions at beginning of year2016-12-31$1,859,759
Participant contributions at end of year2016-12-31$164,805
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$163,416
Total non interest bearing cash at end of year2016-12-31$36,895
Total non interest bearing cash at beginning of year2016-12-31$1,550
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-540,177
Value of net assets at end of year (total assets less liabilities)2016-12-31$59,702,729
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$60,242,906
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 in registered invesment companies (eg mutual funds) at end of year2016-12-31$44,994,547
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$26,165,462
Interest on participant loans2016-12-31$71,711
Value of interest in common/collective trusts at end of year2016-12-31$12,742,391
Value of interest in common/collective trusts at beginning of year2016-12-31$32,206,435
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$9,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$9,700
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$958,372
Net investment gain or loss from common/collective trusts2016-12-31$36,841
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
Contributions received in cash from employer2016-12-31$680,053
Employer contributions (assets) at end of year2016-12-31$10,729
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$8,500,523
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)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2016-12-31133891517
2015 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
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$7,107,855
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$11,431,523
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$10,994,659
Expenses. Certain deemed distributions of participant loans2015-12-31$264,217
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$6,913,738
Value of total assets at end of year2015-12-31$60,242,906
Value of total assets at beginning of year2015-12-31$64,566,574
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$172,647
Total interest from all sources2015-12-31$81,364
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$2,580,038
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$2,580,038
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$5,750,268
Participant contributions at end of year2015-12-31$1,859,759
Participant contributions at beginning of year2015-12-31$2,030,851
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$300,619
Other income not declared elsewhere2015-12-31$38,268
Administrative expenses (other) incurred2015-12-31$172,647
Total non interest bearing cash at end of year2015-12-31$1,550
Total non interest bearing cash at beginning of year2015-12-31$1,181
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-4,323,668
Value of net assets at end of year (total assets less liabilities)2015-12-31$60,242,906
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$64,566,574
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 in registered invesment companies (eg mutual funds) at end of year2015-12-31$26,165,462
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$30,384,860
Interest on participant loans2015-12-31$81,364
Value of interest in common/collective trusts at end of year2015-12-31$32,206,435
Value of interest in common/collective trusts at beginning of year2015-12-31$32,148,494
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$9,700
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$1,188
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$1,188
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-2,871,894
Net investment gain or loss from common/collective trusts2015-12-31$366,341
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
Contributions received in cash from employer2015-12-31$862,851
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$10,994,659
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)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2015-12-31133891517
2014 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$0
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$0
Total transfer of assets from this plan2014-12-31$0
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
Expenses. Interest paid2014-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$0
Total income from all sources (including contributions)2014-12-31$10,154,375
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$13,094,342
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$12,570,739
Expenses. Certain deemed distributions of participant loans2014-12-31$435,081
Value of total corrective distributions2014-12-31$38,674
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$8,107,067
Value of total assets at end of year2014-12-31$64,566,574
Value of total assets at beginning of year2014-12-31$67,506,541
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$49,848
Total interest from all sources2014-12-31$81,817
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$3,128,244
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$3,128,244
Administrative expenses professional fees incurred2014-12-31$0
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$6,141,838
Participant contributions at end of year2014-12-31$2,030,851
Participant contributions at beginning of year2014-12-31$2,261,232
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$253,316
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$161,872
Other income not declared elsewhere2014-12-31$27,744
Administrative expenses (other) incurred2014-12-31$49,848
Total non interest bearing cash at end of year2014-12-31$1,181
Total non interest bearing cash at beginning of year2014-12-31$1,500
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
Income. Non cash contributions2014-12-31$0
Value of net income/loss2014-12-31$-2,939,967
Value of net assets at end of year (total assets less liabilities)2014-12-31$64,566,574
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$67,506,541
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
Investment advisory and management fees2014-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$30,384,860
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$30,898,143
Interest on participant loans2014-12-31$81,817
Income. Interest from loans (other than to participants)2014-12-31$0
Interest earned on other investments2014-12-31$0
Income. Interest from US Government securities2014-12-31$0
Income. Interest from corporate debt instruments2014-12-31$0
Value of interest in common/collective trusts at end of year2014-12-31$32,148,494
Value of interest in common/collective trusts at beginning of year2014-12-31$34,278,413
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$1,188
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$67,253
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$67,253
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-1,176,980
Net investment gain/loss from pooled separate accounts2014-12-31$0
Net investment gain or loss from common/collective trusts2014-12-31$-13,517
Net gain/loss from 103.12 investment entities2014-12-31$0
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
Contributions received in cash from employer2014-12-31$1,711,913
Income. Dividends from preferred stock2014-12-31$0
Income. Dividends from common stock2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$12,408,867
Contract administrator fees2014-12-31$0
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
Aggregate proceeds on sale of assets2014-12-31$0
Aggregate carrying amount (costs) on sale of assets2014-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2014-12-31133891517
2013 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
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$16,069,468
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$7,825,004
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$7,359,345
Expenses. Certain deemed distributions of participant loans2013-12-31$318,155
Value of total corrective distributions2013-12-31$95,678
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$9,531,923
Value of total assets at end of year2013-12-31$67,506,541
Value of total assets at beginning of year2013-12-31$59,262,077
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$51,826
Total interest from all sources2013-12-31$84,478
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$2,280,912
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$2,280,912
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$7,190,273
Participant contributions at end of year2013-12-31$2,261,232
Participant contributions at beginning of year2013-12-31$2,031,270
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$326,240
Other income not declared elsewhere2013-12-31$30,635
Administrative expenses (other) incurred2013-12-31$51,826
Total non interest bearing cash at end of year2013-12-31$1,500
Total non interest bearing cash at beginning of year2013-12-31$1,475
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$8,244,464
Value of net assets at end of year (total assets less liabilities)2013-12-31$67,506,541
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$59,262,077
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 in registered invesment companies (eg mutual funds) at end of year2013-12-31$30,898,143
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$24,795,130
Interest on participant loans2013-12-31$84,478
Value of interest in common/collective trusts at end of year2013-12-31$34,278,413
Value of interest in common/collective trusts at beginning of year2013-12-31$32,392,097
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$67,253
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$42,105
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$42,105
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$3,900,103
Net investment gain or loss from common/collective trusts2013-12-31$241,417
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
Contributions received in cash from employer2013-12-31$2,015,410
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$7,359,345
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)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2013-12-31133891517
2012 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets to this plan2012-12-31$0
Total transfer of assets from this plan2012-12-31$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$13,495,638
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$7,568,911
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$7,281,393
Expenses. Certain deemed distributions of participant loans2012-12-31$237,192
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$10,011,507
Value of total assets at end of year2012-12-31$59,262,077
Value of total assets at beginning of year2012-12-31$53,335,350
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$50,326
Total interest from all sources2012-12-31$71,590
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$804,382
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$804,382
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$7,594,528
Participant contributions at end of year2012-12-31$2,031,270
Participant contributions at beginning of year2012-12-31$1,537,401
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$254,481
Other income not declared elsewhere2012-12-31$16,697
Administrative expenses (other) incurred2012-12-31$50,326
Total non interest bearing cash at end of year2012-12-31$1,475
Total non interest bearing cash at beginning of year2012-12-31$700
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$5,926,727
Value of net assets at end of year (total assets less liabilities)2012-12-31$59,262,077
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$53,335,350
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 in registered invesment companies (eg mutual funds) at end of year2012-12-31$24,795,130
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$21,159,433
Interest on participant loans2012-12-31$71,590
Value of interest in common/collective trusts at end of year2012-12-31$32,392,097
Value of interest in common/collective trusts at beginning of year2012-12-31$30,628,288
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$42,105
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$9,528
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$9,528
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$2,228,033
Net investment gain or loss from common/collective trusts2012-12-31$363,429
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
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
Contributions received in cash from employer2012-12-31$2,162,498
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$7,281,393
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)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31DELOITTE & TOUCHE, LLP
Accountancy firm EIN2012-12-31133891517
2011 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$0
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets to this plan2011-12-31$536,804
Total transfer of assets from this plan2011-12-31$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
Expenses. Interest paid2011-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-12-31$0
Total income from all sources (including contributions)2011-12-31$10,858,826
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$7,735,182
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$7,327,551
Expenses. Certain deemed distributions of participant loans2011-12-31$376,830
Value of total corrective distributions2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$11,204,149
Value of total assets at end of year2011-12-31$53,335,350
Value of total assets at beginning of year2011-12-31$49,674,902
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$30,801
Total interest from all sources2011-12-31$67,690
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$447,633
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$447,633
Administrative expenses professional fees incurred2011-12-31$0
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$8,440,197
Participant contributions at end of year2011-12-31$1,537,401
Participant contributions at beginning of year2011-12-31$1,509,651
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$354,502
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$0
Other income not declared elsewhere2011-12-31$12,881
Administrative expenses (other) incurred2011-12-31$30,801
Total non interest bearing cash at end of year2011-12-31$700
Total non interest bearing cash at beginning of year2011-12-31$1,350
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
Income. Non cash contributions2011-12-31$0
Value of net income/loss2011-12-31$3,123,644
Value of net assets at end of year (total assets less liabilities)2011-12-31$53,335,350
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$49,674,902
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
Investment advisory and management fees2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$21,159,433
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$20,760,800
Interest on participant loans2011-12-31$67,684
Income. Interest from loans (other than to participants)2011-12-31$0
Interest earned on other investments2011-12-31$0
Income. Interest from US Government securities2011-12-31$0
Income. Interest from corporate debt instruments2011-12-31$0
Value of interest in common/collective trusts at end of year2011-12-31$30,628,288
Value of interest in common/collective trusts at beginning of year2011-12-31$27,401,921
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$9,528
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,180
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,180
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$6
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,239,500
Net investment gain/loss from pooled separate accounts2011-12-31$0
Net investment gain or loss from common/collective trusts2011-12-31$365,973
Net gain/loss from 103.12 investment entities2011-12-31$0
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
Assets. Invements in employer securities at end of year2011-12-31$0
Assets. Invements in employer securities at beginning of year2011-12-31$0
Contributions received in cash from employer2011-12-31$2,409,450
Income. Dividends from preferred stock2011-12-31$0
Income. Dividends from common stock2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$7,327,551
Contract administrator fees2011-12-31$0
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
Aggregate proceeds on sale of assets2011-12-31$0
Aggregate carrying amount (costs) on sale of assets2011-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31DELOITTE & TOUCHE, LLP
Accountancy firm EIN2011-12-31133891517
2010 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$2,537,043
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$15,390,955
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$4,608,158
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$4,385,291
Expenses. Certain deemed distributions of participant loans2010-12-31$136,129
Value of total corrective distributions2010-12-31$16,122
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$10,969,284
Value of total assets at end of year2010-12-31$49,674,902
Value of total assets at beginning of year2010-12-31$36,355,062
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$70,616
Total interest from all sources2010-12-31$67,804
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$446,081
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$446,081
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$8,232,799
Participant contributions at end of year2010-12-31$1,509,651
Participant contributions at beginning of year2010-12-31$1,393,006
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$368,262
Other income not declared elsewhere2010-12-31$14,555
Administrative expenses (other) incurred2010-12-31$70,616
Total non interest bearing cash at end of year2010-12-31$1,350
Total non interest bearing cash at beginning of year2010-12-31$500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Income. Non cash contributions2010-12-31$0
Value of net income/loss2010-12-31$10,782,797
Value of net assets at end of year (total assets less liabilities)2010-12-31$49,674,902
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$36,355,062
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$20,760,800
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$15,546,886
Interest on participant loans2010-12-31$67,797
Value of interest in common/collective trusts at end of year2010-12-31$27,401,921
Value of interest in common/collective trusts at beginning of year2010-12-31$19,393,898
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,180
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$20,772
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$20,772
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$7
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,122,934
Net investment gain or loss from common/collective trusts2010-12-31$1,770,297
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$2,368,223
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$4,385,291
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31DELOITTE & TOUCHE, LLP
Accountancy firm EIN2010-12-31133891517
2009 : LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN

2022: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) 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: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
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
2010: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: LINCOLN TECHNICAL INSTITUTE, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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