FRANKLIN UNIVERSITY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $17,784,630 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $4,711,649 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $4,536,497 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $4,886,513 |
| Value of total assets at end of year | 2023-12-31 | $101,976,489 |
| Value of total assets at beginning of year | 2023-12-31 | $88,903,508 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $175,152 |
| Total interest from all sources | 2023-12-31 | $867,397 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $2,454,846 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $2,454,846 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,546,808 |
| Participant contributions at end of year | 2023-12-31 | $55,122 |
| Participant contributions at beginning of year | 2023-12-31 | $52,208 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $231,271 |
| Other income not declared elsewhere | 2023-12-31 | $75,013 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $13,072,981 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $101,976,489 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $88,903,508 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $101,051 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $81,808,011 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $68,433,179 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $846,762 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $1,145,391 |
| Interest earned on other investments | 2023-12-31 | $867,397 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $19,156,350 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $19,168,314 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $270,382 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $9,648,117 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $-147,256 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $3,108,434 |
| Employer contributions (assets) at end of year | 2023-12-31 | $110,244 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $104,416 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $4,266,115 |
| Contract administrator fees | 2023-12-31 | $74,101 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2023-12-31 | 381357951 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $17,784,630 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $4,711,649 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $4,536,497 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $4,886,513 |
| Value of total assets at end of year | 2023-01-01 | $101,976,489 |
| Value of total assets at beginning of year | 2023-01-01 | $88,903,508 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $175,152 |
| Total interest from all sources | 2023-01-01 | $867,397 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $2,454,846 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $2,454,846 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,546,808 |
| Participant contributions at end of year | 2023-01-01 | $55,122 |
| Participant contributions at beginning of year | 2023-01-01 | $52,208 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $231,271 |
| Other income not declared elsewhere | 2023-01-01 | $75,013 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $13,072,981 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $101,976,489 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $88,903,508 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $101,051 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $81,808,011 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $68,433,179 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $846,762 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $1,145,391 |
| Interest earned on other investments | 2023-01-01 | $867,397 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $19,156,350 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $19,168,314 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $270,382 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $9,648,117 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $-147,256 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $3,108,434 |
| Employer contributions (assets) at end of year | 2023-01-01 | $110,244 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $104,416 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $4,266,115 |
| Contract administrator fees | 2023-01-01 | $74,101 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2023-01-01 | 381357951 |
| 2022 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $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 | $-7,943,732 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $4,604,842 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $4,465,654 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,849,438 |
| Value of total assets at end of year | 2022-12-31 | $88,903,508 |
| Value of total assets at beginning of year | 2022-12-31 | $101,452,082 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $139,188 |
| Total interest from all sources | 2022-12-31 | $768,242 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $2,469,197 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $2,469,197 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,503,620 |
| Participant contributions at end of year | 2022-12-31 | $52,208 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $333,926 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-12,548,574 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $88,903,508 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $101,452,082 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $94,614 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $68,433,179 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $81,319,480 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $1,145,391 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,008,772 |
| Interest earned on other investments | 2022-12-31 | $768,242 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $19,168,314 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $19,123,830 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $291,913 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-16,111,443 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $80,834 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $3,011,892 |
| Employer contributions (assets) at end of year | 2022-12-31 | $104,416 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $4,173,741 |
| Contract administrator fees | 2022-12-31 | $44,574 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2022-12-31 | 381357951 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-7,943,732 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $4,604,842 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $4,465,654 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $4,849,438 |
| Value of total assets at end of year | 2022-01-01 | $88,903,508 |
| Value of total assets at beginning of year | 2022-01-01 | $101,452,082 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $139,188 |
| Total interest from all sources | 2022-01-01 | $768,242 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $2,469,197 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $2,469,197 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,503,620 |
| Participant contributions at end of year | 2022-01-01 | $52,208 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $333,926 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-12,548,574 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $88,903,508 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $101,452,082 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $94,614 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $68,433,179 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $81,319,480 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $1,145,391 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $1,008,772 |
| Interest earned on other investments | 2022-01-01 | $768,242 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $19,168,314 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $19,123,830 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $291,913 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-16,111,443 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $80,834 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $3,011,892 |
| Employer contributions (assets) at end of year | 2022-01-01 | $104,416 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $4,173,741 |
| Contract administrator fees | 2022-01-01 | $44,574 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2022-01-01 | 381357951 |
| 2021 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets from this plan | 2021-12-31 | $7,432 |
| 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 | $16,599,514 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $3,939,049 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $3,767,843 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $4,677,560 |
| Value of total assets at end of year | 2021-12-31 | $101,452,082 |
| Value of total assets at beginning of year | 2021-12-31 | $88,799,049 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $171,206 |
| Total interest from all sources | 2021-12-31 | $624,153 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $4,180,991 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $4,180,991 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,522,851 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $208,785 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $12,660,465 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $101,452,082 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $88,799,049 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $99,866 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $81,319,480 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $68,963,775 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $1,008,772 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $864,134 |
| Interest earned on other investments | 2021-12-31 | $624,153 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $19,123,830 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $18,971,140 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $261,499 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $6,966,775 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $150,035 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $2,945,924 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $3,506,344 |
| Contract administrator fees | 2021-12-31 | $71,340 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2021-12-31 | 381357951 |
| 2020 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $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 | $14,050,993 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $3,845,454 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $3,717,911 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $4,389,063 |
| Value of total assets at end of year | 2020-12-31 | $88,799,049 |
| Value of total assets at beginning of year | 2020-12-31 | $78,593,510 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $127,543 |
| Total interest from all sources | 2020-12-31 | $710,603 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,952,519 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,952,519 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,367,055 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $46,924 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $272,672 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $10,205,539 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $88,799,049 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $78,593,510 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $75,893 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $68,963,775 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $59,435,964 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $864,134 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $965,754 |
| Interest earned on other investments | 2020-12-31 | $710,603 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $18,971,140 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $18,052,004 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $39,865 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $7,006,740 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $-7,932 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $2,749,336 |
| Employer contributions (assets) at end of year | 2020-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $92,864 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $3,678,046 |
| Contract administrator fees | 2020-12-31 | $51,650 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2020-12-31 | 381357951 |
| 2019 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 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 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $16,394,209 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $4,716,062 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $4,579,447 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $4,109,199 |
| Value of total assets at end of year | 2019-12-31 | $78,593,510 |
| Value of total assets at beginning of year | 2019-12-31 | $66,915,363 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $136,615 |
| Total interest from all sources | 2019-12-31 | $673,189 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,030,646 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $2,030,646 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $1,362,999 |
| Participant contributions at end of year | 2019-12-31 | $46,924 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $10,525 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $11,678,147 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $78,593,510 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $66,915,363 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $85,481 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $59,435,964 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $48,960,474 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $965,754 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $956,820 |
| Interest earned on other investments | 2019-12-31 | $673,189 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $18,052,004 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $16,998,069 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $404,320 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $9,529,160 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $52,015 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $2,735,675 |
| Employer contributions (assets) at end of year | 2019-12-31 | $92,864 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $4,175,127 |
| Contract administrator fees | 2019-12-31 | $51,134 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2019-12-31 | 381357951 |
| 2018 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $223,482 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $4,287,511 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $4,233,522 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $3,851,730 |
| Value of total assets at end of year | 2018-12-31 | $66,915,363 |
| Value of total assets at beginning of year | 2018-12-31 | $70,979,392 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $53,989 |
| Total interest from all sources | 2018-12-31 | $676,473 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $2,881,874 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $2,881,874 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $1,263,934 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $54,837 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-4,064,029 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $66,915,363 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $70,979,392 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $47,695 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $48,960,474 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $53,244,847 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $956,820 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $899,278 |
| Interest earned on other investments | 2018-12-31 | $676,473 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $16,998,069 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $16,835,267 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $428,555 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-7,230,570 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $43,975 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $2,532,959 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $3,804,967 |
| Contract administrator fees | 2018-12-31 | $6,294 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2018-12-31 | 381357951 |
| 2017 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| 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 | $13,367,870 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $3,542,191 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $3,444,676 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $3,759,074 |
| Value of total assets at end of year | 2017-12-31 | $70,979,392 |
| Value of total assets at beginning of year | 2017-12-31 | $61,153,713 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $97,515 |
| Total interest from all sources | 2017-12-31 | $629,839 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $1,837,199 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $1,837,199 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | Yes |
| Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $170,536 |
| Contributions received from participants | 2017-12-31 | $1,226,339 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $143,999 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $9,825,679 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $70,979,392 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $61,153,713 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $58,503 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $53,244,847 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $44,781,191 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $899,278 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $1,132,597 |
| Interest earned on other investments | 2017-12-31 | $629,839 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $16,835,267 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $15,239,925 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $147,145 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $7,096,484 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $45,274 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $2,388,736 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $3,297,531 |
| Contract administrator fees | 2017-12-31 | $39,012 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2017-12-31 | 381357951 |
| 2016 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $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 | $8,334,389 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $5,798,496 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $5,718,776 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $3,953,543 |
| Value of total assets at end of year | 2016-12-31 | $61,153,713 |
| Value of total assets at beginning of year | 2016-12-31 | $58,617,820 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $79,720 |
| Total interest from all sources | 2016-12-31 | $594,634 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $1,209,429 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $1,209,429 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | Yes |
| Amount of non-exempt transactions with any party-in-interest | 2016-12-31 | $170,536 |
| Contributions received from participants | 2016-12-31 | $1,407,843 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $47,773 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $3,276 |
| Other income not declared elsewhere | 2016-12-31 | $960 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $2,535,893 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $61,153,713 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $58,617,820 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $47,827 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $44,781,191 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $43,634,358 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $1,132,597 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $1,134,321 |
| Interest earned on other investments | 2016-12-31 | $594,634 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $15,239,925 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $13,705,823 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $39,543 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $2,516,836 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $58,987 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $2,542,424 |
| Employer contributions (assets) at end of year | 2016-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $95,545 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $5,679,233 |
| Contract administrator fees | 2016-12-31 | $31,893 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2016-12-31 | 381357951 |
| 2015 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $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 | $4,848,980 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $4,001,186 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $3,923,166 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $4,096,575 |
| Value of total assets at end of year | 2015-12-31 | $58,617,820 |
| Value of total assets at beginning of year | 2015-12-31 | $57,770,026 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $78,020 |
| Total interest from all sources | 2015-12-31 | $128,593 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $1,672,504 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,672,504 |
| Was this plan covered by a fidelity bond | 2015-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $1,315,898 |
| Participant contributions at end of year | 2015-12-31 | $47,773 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $32,449 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $847,794 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $58,617,820 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $57,770,026 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $43,634,358 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $43,057,336 |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $1,134,321 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $1,088,841 |
| Interest earned on other investments | 2015-12-31 | $128,593 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $13,705,823 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $13,623,849 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-1,138,274 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $89,582 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $2,748,228 |
| Employer contributions (assets) at end of year | 2015-12-31 | $95,545 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $3,923,166 |
| Contract administrator fees | 2015-12-31 | $78,020 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2015-12-31 | 350921680 |
| 2014 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total transfer of assets to this plan | 2014-12-31 | $1,073 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $7,688,893 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $3,122,469 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $3,046,999 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $4,154,073 |
| Value of total assets at end of year | 2014-12-31 | $57,770,026 |
| Value of total assets at beginning of year | 2014-12-31 | $53,202,529 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $75,470 |
| Total interest from all sources | 2014-12-31 | $579,394 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $1,459,828 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $1,459,828 |
| Was this plan covered by a fidelity bond | 2014-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $1,367,022 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $55,930 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $4,566,424 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $57,770,026 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $53,202,529 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $43,057,336 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $38,828,846 |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $1,088,841 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $1,013,535 |
| Interest earned on other investments | 2014-12-31 | $579,394 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $13,623,849 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $13,360,148 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $1,376,648 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $118,950 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $2,731,121 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $3,046,999 |
| Contract administrator fees | 2014-12-31 | $75,470 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2014-12-31 | 350921680 |
| 2013 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $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 | $11,722,340 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $3,526,146 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $3,463,851 |
| Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $4,243,910 |
| Value of total assets at end of year | 2013-12-31 | $53,202,529 |
| Value of total assets at beginning of year | 2013-12-31 | $45,006,335 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $62,295 |
| Total interest from all sources | 2013-12-31 | $549,842 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $920,990 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $920,990 |
| Was this plan covered by a fidelity bond | 2013-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $1,340,362 |
| Participant contributions at end of year | 2013-12-31 | $0 |
| Participant contributions at beginning of year | 2013-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $222,338 |
| Other income not declared elsewhere | 2013-12-31 | $0 |
| Administrative expenses (other) incurred | 2013-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $8,196,194 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $53,202,529 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $45,006,335 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Investment advisory and management fees | 2013-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $38,828,846 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $30,858,320 |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $1,013,535 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $1,160,519 |
| Interest on participant loans | 2013-12-31 | $0 |
| Interest earned on other investments | 2013-12-31 | $549,842 |
| Value of interest in master investment trust accounts at end of year | 2013-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2013-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2013-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $13,360,148 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $12,987,496 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $235,985 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $5,912,084 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $95,514 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2013-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $2,681,210 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $3,227,866 |
| Contract administrator fees | 2013-12-31 | $62,295 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2013-12-31 | 350921680 |
| 2012 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $8,419,373 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $1,481,828 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,481,828 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $4,076,995 |
| Value of total assets at end of year | 2012-12-31 | $45,006,335 |
| Value of total assets at beginning of year | 2012-12-31 | $38,068,790 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
| Total interest from all sources | 2012-12-31 | $514,781 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $326,234 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $326,234 |
| Was this plan covered by a fidelity bond | 2012-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $1,317,927 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $123,220 |
| Other income not declared elsewhere | 2012-12-31 | $9,415 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $6,937,545 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $45,006,335 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $38,068,790 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $30,858,320 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $23,894,155 |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $1,160,519 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $1,811,379 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $514,781 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $12,987,496 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $12,363,256 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $3,318,253 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $173,695 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $2,635,848 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,481,828 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2012-12-31 | 350921680 |
| 2011 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $4,071,770 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $1,474,613 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,474,613 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $3,936,132 |
| Value of total assets at end of year | 2011-12-31 | $38,068,790 |
| Value of total assets at beginning of year | 2011-12-31 | $35,471,633 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $0 |
| Total interest from all sources | 2011-12-31 | $498,188 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $118,374 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $118,374 |
| Was this plan covered by a fidelity bond | 2011-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $1,295,260 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $52,746 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $2,597,157 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $38,068,790 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $35,471,633 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $23,894,155 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $22,017,405 |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $1,811,379 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $1,405,795 |
| Interest earned on other investments | 2011-12-31 | $498,188 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $12,363,256 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $12,048,433 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-676,339 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $195,415 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $2,588,126 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,474,613 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2011-12-31 | 350921680 |
| 2010 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total transfer of assets to this plan | 2010-12-31 | $13,950 |
| 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 | $6,667,088 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $2,029,459 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $2,029,459 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $3,537,564 |
| Value of total assets at end of year | 2010-12-31 | $35,471,633 |
| Value of total assets at beginning of year | 2010-12-31 | $30,820,054 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $0 |
| Total interest from all sources | 2010-12-31 | $456,842 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $45,069 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $45,069 |
| Was this plan covered by a fidelity bond | 2010-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $1,171,898 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $21,734 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $4,637,629 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $35,471,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $30,820,054 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $22,017,405 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $18,174,071 |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $1,405,795 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $1,036,416 |
| Interest earned on other investments | 2010-12-31 | $456,842 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $12,048,433 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $11,609,567 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $89,070 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $2,471,164 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $156,449 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $2,343,932 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $1,940,389 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2010-12-31 | 350921680 |
| 2009 : FRANKLIN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN 2009 401k financial data |
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| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
