FRANKLIN LOAN CENTER has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FRANKLIN LOAN CENTER PROFIT SHARING 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : FRANKLIN LOAN CENTER PROFIT SHARING 401(K) 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 | $2,283,786 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,845,714 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,752,649 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $36,183 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,048,770 |
| Value of total assets at end of year | 2023-12-31 | $8,699,633 |
| Value of total assets at beginning of year | 2023-12-31 | $8,261,561 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $56,882 |
| Total interest from all sources | 2023-12-31 | $32,383 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $48,786 |
| 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 | $48,786 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| 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 | $756,660 |
| Participant contributions at end of year | 2023-12-31 | $505,417 |
| Participant contributions at beginning of year | 2023-12-31 | $364,428 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $67,471 |
| Other income not declared elsewhere | 2023-12-31 | $42,111 |
| Administrative expenses (other) incurred | 2023-12-31 | $55,882 |
| 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 | $438,072 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $8,699,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $8,261,561 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $3,347,345 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $7,651,854 |
| Interest on participant loans | 2023-12-31 | $29,625 |
| Interest earned on other investments | 2023-12-31 | $2,758 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $4,637,705 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $209,166 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $245,279 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $166,564 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $945,172 |
| 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 | $224,639 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,752,649 |
| Contract administrator fees | 2023-12-31 | $1,000 |
| 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 | CAMBALIZA MCGEE LLP |
| Accountancy firm EIN | 2023-12-31 | 815185250 |
| 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 | $2,283,786 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,845,714 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,752,649 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $36,183 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,048,770 |
| Value of total assets at end of year | 2023-01-01 | $8,699,633 |
| Value of total assets at beginning of year | 2023-01-01 | $8,261,561 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $56,882 |
| Total interest from all sources | 2023-01-01 | $32,383 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $48,786 |
| 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 | $48,786 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| 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 | $756,660 |
| Participant contributions at end of year | 2023-01-01 | $505,417 |
| Participant contributions at beginning of year | 2023-01-01 | $364,428 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $67,471 |
| Other income not declared elsewhere | 2023-01-01 | $42,111 |
| Administrative expenses (other) incurred | 2023-01-01 | $55,882 |
| 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 | $438,072 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $8,699,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $8,261,561 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $3,347,345 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $7,651,854 |
| Interest on participant loans | 2023-01-01 | $29,625 |
| Interest earned on other investments | 2023-01-01 | $2,758 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $4,637,705 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $209,166 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $245,279 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $166,564 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $945,172 |
| 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 | $224,639 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,752,649 |
| Contract administrator fees | 2023-01-01 | $1,000 |
| 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 | CAMBALIZA MCGEE LLP |
| Accountancy firm EIN | 2023-01-01 | 815185250 |
| 2022 : FRANKLIN LOAN CENTER PROFIT SHARING 401(K) 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 | $-353,912 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,738,000 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,554,593 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $75,577 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,208,255 |
| Value of total assets at end of year | 2022-12-31 | $8,261,561 |
| Value of total assets at beginning of year | 2022-12-31 | $10,353,473 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $107,830 |
| Total interest from all sources | 2022-12-31 | $29,028 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $343,099 |
| 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 | $343,099 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $962,905 |
| Participant contributions at end of year | 2022-12-31 | $364,428 |
| Participant contributions at beginning of year | 2022-12-31 | $441,773 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $10,831 |
| Other income not declared elsewhere | 2022-12-31 | $60,971 |
| Administrative expenses (other) incurred | 2022-12-31 | $41,639 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $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 | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-2,091,912 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,261,561 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $10,353,473 |
| 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 | $26,037 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $7,651,854 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $9,642,849 |
| Interest on participant loans | 2022-12-31 | $24,464 |
| Interest earned on other investments | 2022-12-31 | $4,564 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $245,279 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $268,851 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,995,265 |
| 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 | $234,519 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| 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 | $1,554,593 |
| Contract administrator fees | 2022-12-31 | $40,154 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | Yes |
| 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 | SILICON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2022-12-31 | 941585562 |
| 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 | $-353,912 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,738,000 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,554,593 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $75,577 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,208,255 |
| Value of total assets at end of year | 2022-01-01 | $8,261,561 |
| Value of total assets at beginning of year | 2022-01-01 | $10,353,473 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $107,830 |
| Total interest from all sources | 2022-01-01 | $29,028 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $343,099 |
| 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 | $343,099 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $962,905 |
| Participant contributions at end of year | 2022-01-01 | $364,428 |
| Participant contributions at beginning of year | 2022-01-01 | $441,773 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $10,831 |
| Other income not declared elsewhere | 2022-01-01 | $60,971 |
| Administrative expenses (other) incurred | 2022-01-01 | $41,639 |
| Liabilities. Value of operating payables at end of year | 2022-01-01 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-01 | $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 | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-2,091,912 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $8,261,561 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $10,353,473 |
| 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 | $26,037 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $7,651,854 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $9,642,849 |
| Interest on participant loans | 2022-01-01 | $24,464 |
| Interest earned on other investments | 2022-01-01 | $4,564 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $245,279 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $268,851 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,995,265 |
| 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 | $234,519 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| 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 | $1,554,593 |
| Contract administrator fees | 2022-01-01 | $40,154 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-01-01 | Yes |
| 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 | SILICON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2022-01-01 | 941585562 |
| 2021 : FRANKLIN LOAN CENTER PROFIT SHARING 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $3,060,665 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $831,953 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $777,849 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,739,925 |
| Value of total assets at end of year | 2021-12-31 | $10,353,473 |
| Value of total assets at beginning of year | 2021-12-31 | $8,124,761 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $54,104 |
| Total interest from all sources | 2021-12-31 | $26,696 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| 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 | $1,351,687 |
| Participant contributions at end of year | 2021-12-31 | $441,773 |
| Participant contributions at beginning of year | 2021-12-31 | $407,354 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Participant contributions at beginning of year | 2021-12-31 | $364 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $58,830 |
| Other income not declared elsewhere | 2021-12-31 | $41,296 |
| Administrative expenses (other) incurred | 2021-12-31 | $54,104 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $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 | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,228,712 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $10,353,473 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $8,124,761 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $9,642,849 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $7,523,047 |
| Interest on participant loans | 2021-12-31 | $24,240 |
| Interest earned on other investments | 2021-12-31 | $2,456 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $268,851 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $193,933 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,252,748 |
| 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 | $329,408 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $63 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $777,849 |
| 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 | SILICON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2021-12-31 | 941585562 |
| 2020 : FRANKLIN LOAN CENTER PROFIT SHARING 401(K) 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 | $637 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,557,505 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $477,461 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $441,663 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,463,988 |
| Value of total assets at end of year | 2020-12-31 | $8,124,761 |
| Value of total assets at beginning of year | 2020-12-31 | $6,045,354 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $35,798 |
| Total interest from all sources | 2020-12-31 | $24,120 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| 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 | $1,125,239 |
| Participant contributions at end of year | 2020-12-31 | $407,354 |
| Participant contributions at beginning of year | 2020-12-31 | $278,625 |
| Participant contributions at end of year | 2020-12-31 | $364 |
| Participant contributions at beginning of year | 2020-12-31 | $364 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $57,944 |
| Other income not declared elsewhere | 2020-12-31 | $28,466 |
| Administrative expenses (other) incurred | 2020-12-31 | $35,798 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $637 |
| 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 | $2,080,044 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,124,761 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $6,044,717 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $7,523,047 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $5,571,119 |
| Interest on participant loans | 2020-12-31 | $21,478 |
| Interest earned on other investments | 2020-12-31 | $2,642 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $193,933 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $195,183 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,040,931 |
| 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 | $280,805 |
| Employer contributions (assets) at end of year | 2020-12-31 | $63 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $63 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $441,663 |
| 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 | SILICON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2020-12-31 | 941585562 |
| 2019 : FRANKLIN LOAN CENTER PROFIT SHARING 401(K) 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 | $637 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $25,695 |
| Total income from all sources (including contributions) | 2019-12-31 | $830,635 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $145,264 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $134,802 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $403,104 |
| Value of total assets at end of year | 2019-12-31 | $6,045,354 |
| Value of total assets at beginning of year | 2019-12-31 | $5,385,041 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $10,462 |
| Total interest from all sources | 2019-12-31 | $6,600 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
| 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 | $247,704 |
| Participant contributions at end of year | 2019-12-31 | $278,625 |
| Participant contributions at beginning of year | 2019-12-31 | $286,257 |
| Participant contributions at end of year | 2019-12-31 | $364 |
| Participant contributions at beginning of year | 2019-12-31 | $364 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $11,183 |
| Other income not declared elsewhere | 2019-12-31 | $8,192 |
| Administrative expenses (other) incurred | 2019-12-31 | $10,462 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $637 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $25,695 |
| 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 | $685,371 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $6,044,717 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $5,359,346 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,571,119 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $4,891,993 |
| Interest on participant loans | 2019-12-31 | $5,900 |
| Interest earned on other investments | 2019-12-31 | $700 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $195,183 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $206,364 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $412,739 |
| 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 | $144,217 |
| Employer contributions (assets) at end of year | 2019-12-31 | $63 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $63 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $134,802 |
| 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 |
| Total unrealized appreciation/depreciation of assets | 2019-08-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-08-31 | $25,695 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-08-31 | $1,000 |
| Total income from all sources (including contributions) | 2019-08-31 | $1,240,143 |
| Total loss/gain on sale of assets | 2019-08-31 | $0 |
| Total of all expenses incurred | 2019-08-31 | $937,212 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-08-31 | $897,589 |
| Expenses. Certain deemed distributions of participant loans | 2019-08-31 | $9,778 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-08-31 | $1,115,526 |
| Value of total assets at end of year | 2019-08-31 | $5,385,041 |
| Value of total assets at beginning of year | 2019-08-31 | $5,057,415 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-08-31 | $29,845 |
| Total interest from all sources | 2019-08-31 | $37,279 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-08-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-08-31 | No |
| Was this plan covered by a fidelity bond | 2019-08-31 | Yes |
| Value of fidelity bond cover | 2019-08-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-08-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-08-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-08-31 | No |
| Contributions received from participants | 2019-08-31 | $694,698 |
| Participant contributions at end of year | 2019-08-31 | $286,257 |
| Participant contributions at beginning of year | 2019-08-31 | $353,133 |
| Participant contributions at end of year | 2019-08-31 | $364 |
| Participant contributions at beginning of year | 2019-08-31 | $130 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-08-31 | $20,915 |
| Other income not declared elsewhere | 2019-08-31 | $21,219 |
| Administrative expenses (other) incurred | 2019-08-31 | $29,845 |
| Liabilities. Value of operating payables at end of year | 2019-08-31 | $25,695 |
| Liabilities. Value of operating payables at beginning of year | 2019-08-31 | $1,000 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-08-31 | No |
| Value of net income/loss | 2019-08-31 | $302,931 |
| Value of net assets at end of year (total assets less liabilities) | 2019-08-31 | $5,359,346 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-08-31 | $5,056,415 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-08-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-08-31 | $4,891,993 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-08-31 | $4,586,421 |
| Interest on participant loans | 2019-08-31 | $20,164 |
| Interest earned on other investments | 2019-08-31 | $17,115 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-08-31 | $206,364 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-08-31 | $117,731 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-08-31 | $66,119 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-08-31 | No |
| Contributions received in cash from employer | 2019-08-31 | $399,913 |
| Employer contributions (assets) at end of year | 2019-08-31 | $63 |
| Employer contributions (assets) at beginning of year | 2019-08-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-08-31 | $897,589 |
| Did the plan have assets held for investment | 2019-08-31 | 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 | 2019-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-08-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-08-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-08-31 | Disclaimer |
| Accountancy firm name | 2019-08-31 | SILICOON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2019-08-31 | 770573994 |
| 2018 : FRANKLIN LOAN CENTER PROFIT SHARING 401(K) PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-08-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-08-31 | $1,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-08-31 | $0 |
| Total income from all sources (including contributions) | 2018-08-31 | $1,773,342 |
| Total loss/gain on sale of assets | 2018-08-31 | $0 |
| Total of all expenses incurred | 2018-08-31 | $1,272,376 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-08-31 | $1,253,388 |
| Expenses. Certain deemed distributions of participant loans | 2018-08-31 | $1,699 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-08-31 | $1,330,550 |
| Value of total assets at end of year | 2018-08-31 | $5,057,415 |
| Value of total assets at beginning of year | 2018-08-31 | $4,555,449 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-08-31 | $17,289 |
| Total interest from all sources | 2018-08-31 | $20,395 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-08-31 | $3,800 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-08-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-08-31 | $3,800 |
| Was this plan covered by a fidelity bond | 2018-08-31 | Yes |
| Value of fidelity bond cover | 2018-08-31 | $455,545 |
| If this is an individual account plan, was there a blackout period | 2018-08-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-08-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-08-31 | No |
| Contributions received from participants | 2018-08-31 | $816,934 |
| Participant contributions at end of year | 2018-08-31 | $353,133 |
| Participant contributions at beginning of year | 2018-08-31 | $241,565 |
| Participant contributions at end of year | 2018-08-31 | $130 |
| Participant contributions at beginning of year | 2018-08-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-08-31 | $67,881 |
| Other income not declared elsewhere | 2018-08-31 | $4 |
| Administrative expenses (other) incurred | 2018-08-31 | $17,289 |
| Liabilities. Value of operating payables at end of year | 2018-08-31 | $1,000 |
| Liabilities. Value of operating payables at beginning of year | 2018-08-31 | $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 | 2018-08-31 | No |
| Value of net income/loss | 2018-08-31 | $500,966 |
| Value of net assets at end of year (total assets less liabilities) | 2018-08-31 | $5,056,415 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-08-31 | $4,555,449 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-08-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-08-31 | $4,586,421 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-08-31 | $4,313,884 |
| Interest on participant loans | 2018-08-31 | $14,843 |
| Interest earned on other investments | 2018-08-31 | $5,552 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-08-31 | $117,731 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-08-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-08-31 | $418,593 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-08-31 | No |
| Contributions received in cash from employer | 2018-08-31 | $445,735 |
| Employer contributions (assets) at end of year | 2018-08-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-08-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-08-31 | $1,253,388 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-08-31 | Yes |
| Did the plan have assets held for investment | 2018-08-31 | 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 | 2018-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-08-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-08-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-08-31 | Disclaimer |
| Accountancy firm name | 2018-08-31 | SILICOON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2018-08-31 | 770573994 |
