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CLC EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameCLC EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

CLC EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Stock bonus
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

COLLEGE LOAN CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:COLLEGE LOAN CORPORATION
Employer identification number (EIN):330873915
NAIC Classification:522291
NAIC Description:Consumer Lending

Additional information about COLLEGE LOAN CORPORATION

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 2009-07-08
Company Identification Number: 20091418173
Legal Registered Office Address: 10000 W CHARLESTON BLVD STE 200

LAS VEGAS
United States of America (USA)
89135

More information about COLLEGE LOAN CORPORATION

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-07-01
0022021-07-01
0022020-07-01
0022019-07-01
0022018-07-01
0022017-07-01
0022016-07-01NANCY CICCONE NANCY CICCONE2018-04-17
0022015-07-01NANCY CICCONE NANCY CICCONE2017-04-07
0022014-07-01NANCY CICCONE NANCY CICCONE2016-04-14
0022013-07-01NANCY CICCONE NANCY CICCONE2015-04-13
0022012-07-01NANCY CICCONE NANCY CICCONE2014-03-31
0022011-07-01NANCY CICCONE NANCY CICCONE2013-04-12
0022010-07-01NANCY CICCONE NANCY CICCONE2012-04-09
0022009-07-01NANCY CICCONE

Plan Statistics for CLC EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for CLC EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-07-0159
Total number of active participants reported on line 7a of the Form 55002022-07-0140
Number of retired or separated participants receiving benefits2022-07-0110
Number of other retired or separated participants entitled to future benefits2022-07-019
Total of all active and inactive participants2022-07-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-07-010
Total participants2022-07-0159
Number of participants with account balances2022-07-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-07-010
2021: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-07-0159
Total number of active participants reported on line 7a of the Form 55002021-07-0143
Number of retired or separated participants receiving benefits2021-07-013
Number of other retired or separated participants entitled to future benefits2021-07-019
Total of all active and inactive participants2021-07-0155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-07-010
Total participants2021-07-0155
Number of participants with account balances2021-07-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-07-011
2020: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-0156
Total number of active participants reported on line 7a of the Form 55002020-07-0148
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-019
Total of all active and inactive participants2020-07-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-07-010
Total participants2020-07-0157
Number of participants with account balances2020-07-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-07-010
2019: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-0153
Total number of active participants reported on line 7a of the Form 55002019-07-0151
Number of retired or separated participants receiving benefits2019-07-011
Number of other retired or separated participants entitled to future benefits2019-07-014
Total of all active and inactive participants2019-07-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-010
Total participants2019-07-0156
Number of participants with account balances2019-07-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-07-010
2018: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-0153
Total number of active participants reported on line 7a of the Form 55002018-07-0149
Number of retired or separated participants receiving benefits2018-07-010
Number of other retired or separated participants entitled to future benefits2018-07-013
Total of all active and inactive participants2018-07-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-07-010
Total participants2018-07-0152
Number of participants with account balances2018-07-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-07-010
2017: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-0149
Total number of active participants reported on line 7a of the Form 55002017-07-0145
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-017
Total of all active and inactive participants2017-07-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-0152
Number of participants with account balances2017-07-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-010
2016: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-0160
Total number of active participants reported on line 7a of the Form 55002016-07-0140
Number of retired or separated participants receiving benefits2016-07-010
Number of other retired or separated participants entitled to future benefits2016-07-016
Total of all active and inactive participants2016-07-0146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-07-010
Total participants2016-07-0146
Number of participants with account balances2016-07-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-07-010
2015: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-07-0166
Total number of active participants reported on line 7a of the Form 55002015-07-0141
Number of retired or separated participants receiving benefits2015-07-0111
Number of other retired or separated participants entitled to future benefits2015-07-016
Total of all active and inactive participants2015-07-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-07-010
Total participants2015-07-0158
Number of participants with account balances2015-07-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-07-011
2014: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-0169
Total number of active participants reported on line 7a of the Form 55002014-07-0141
Number of retired or separated participants receiving benefits2014-07-0118
Number of other retired or separated participants entitled to future benefits2014-07-015
Total of all active and inactive participants2014-07-0164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-010
Total participants2014-07-0164
Number of participants with account balances2014-07-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-012
2013: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-0159
Total number of active participants reported on line 7a of the Form 55002013-07-0139
Number of retired or separated participants receiving benefits2013-07-019
Number of other retired or separated participants entitled to future benefits2013-07-0116
Total of all active and inactive participants2013-07-0164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-07-010
Total participants2013-07-0164
Number of participants with account balances2013-07-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-011
2012: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-0161
Total number of active participants reported on line 7a of the Form 55002012-07-0147
Number of retired or separated participants receiving benefits2012-07-011
Number of other retired or separated participants entitled to future benefits2012-07-0111
Total of all active and inactive participants2012-07-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-010
Total participants2012-07-0159
Number of participants with account balances2012-07-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-07-011
2011: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-07-0159
Total number of active participants reported on line 7a of the Form 55002011-07-0152
Number of retired or separated participants receiving benefits2011-07-011
Number of other retired or separated participants entitled to future benefits2011-07-015
Total of all active and inactive participants2011-07-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-010
Total participants2011-07-0158
Number of participants with account balances2011-07-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-07-010
2010: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year2010-07-01128
Total number of active participants reported on line 7a of the Form 55002010-07-0148
Number of retired or separated participants receiving benefits2010-07-010
Number of other retired or separated participants entitled to future benefits2010-07-015
Total of all active and inactive participants2010-07-0153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-07-010
Total participants2010-07-0153
Number of participants with account balances2010-07-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-07-010
2009: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-07-01154
Total number of active participants reported on line 7a of the Form 55002009-07-0139
Number of retired or separated participants receiving benefits2009-07-010
Number of other retired or separated participants entitled to future benefits2009-07-0179
Total of all active and inactive participants2009-07-01118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-010
Total participants2009-07-01118
Number of participants with account balances2009-07-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-010

Financial Data on CLC EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Transfers to/from the plan2022-06-30$0
Total plan liabilities at end of year2022-06-30$8,299,231
Total plan liabilities at beginning of year2022-06-30$9,167,640
Total income from all sources2022-06-30$-12,267,300
Expenses. Total of all expenses incurred2022-06-30$9,765,320
Benefits paid (including direct rollovers)2022-06-30$9,249,507
Total plan assets at end of year2022-06-30$237,276,168
Total plan assets at beginning of year2022-06-30$260,177,197
Value of fidelity bond covering the plan2022-06-30$10,000,000
Total contributions received or receivable from participants2022-06-30$0
Expenses. Other expenses not covered elsewhere2022-06-30$506,549
Contributions received from other sources (not participants or employers)2022-06-30$0
Other income received2022-06-30$-13,496,915
Noncash contributions received2022-06-30$0
Net income (gross income less expenses)2022-06-30$-22,032,620
Net plan assets at end of year (total assets less liabilities)2022-06-30$228,976,937
Net plan assets at beginning of year (total assets less liabilities)2022-06-30$251,009,557
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2022-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2022-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022022-06-30$0
Assets. Value of employer securities2022-06-30$231,750,951
Total contributions received or receivable from employer(s)2022-06-30$1,229,615
Value of certain deemed distributions of participant loans2022-06-30$0
Value of corrective distributions2022-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-06-30$9,264
2021 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Transfers to/from the plan2021-06-30$0
Total plan liabilities at end of year2021-06-30$9,167,640
Total plan liabilities at beginning of year2021-06-30$10,003,132
Total income from all sources2021-06-30$-18,621,370
Expenses. Total of all expenses incurred2021-06-30$4,664,240
Benefits paid (including direct rollovers)2021-06-30$4,050,258
Total plan assets at end of year2021-06-30$260,177,197
Total plan assets at beginning of year2021-06-30$284,298,299
Value of fidelity bond covering the plan2021-06-30$10,000,000
Total contributions received or receivable from participants2021-06-30$0
Expenses. Other expenses not covered elsewhere2021-06-30$481,337
Contributions received from other sources (not participants or employers)2021-06-30$0
Other income received2021-06-30$-19,850,985
Noncash contributions received2021-06-30$0
Net income (gross income less expenses)2021-06-30$-23,285,610
Net plan assets at end of year (total assets less liabilities)2021-06-30$251,009,557
Net plan assets at beginning of year (total assets less liabilities)2021-06-30$274,295,167
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2021-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2021-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022021-06-30$0
Assets. Value of employer securities2021-06-30$253,944,919
Total contributions received or receivable from employer(s)2021-06-30$1,229,615
Value of certain deemed distributions of participant loans2021-06-30$0
Value of corrective distributions2021-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-06-30$132,645
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-06-30$4,034,316
2020 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Transfers to/from the plan2020-06-30$0
Total plan liabilities at end of year2020-06-30$10,003,132
Total plan liabilities at beginning of year2020-06-30$10,806,952
Total income from all sources2020-06-30$50,686,806
Expenses. Total of all expenses incurred2020-06-30$2,187,800
Benefits paid (including direct rollovers)2020-06-30$1,580,602
Total plan assets at end of year2020-06-30$284,298,299
Total plan assets at beginning of year2020-06-30$236,603,113
Value of fidelity bond covering the plan2020-06-30$10,000,000
Total contributions received or receivable from participants2020-06-30$0
Expenses. Other expenses not covered elsewhere2020-06-30$607,198
Contributions received from other sources (not participants or employers)2020-06-30$0
Other income received2020-06-30$49,457,191
Noncash contributions received2020-06-30$0
Net income (gross income less expenses)2020-06-30$48,499,006
Net plan assets at end of year (total assets less liabilities)2020-06-30$274,295,167
Net plan assets at beginning of year (total assets less liabilities)2020-06-30$225,796,161
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2020-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2020-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022020-06-30$0
Assets. Value of employer securities2020-06-30$278,832,689
Total contributions received or receivable from employer(s)2020-06-30$1,229,615
Value of certain deemed distributions of participant loans2020-06-30$0
Value of corrective distributions2020-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-06-30$0
2019 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Transfers to/from the plan2019-06-30$0
Total plan liabilities at end of year2019-06-30$10,806,952
Total plan liabilities at beginning of year2019-06-30$11,580,303
Total income from all sources2019-06-30$8,225,786
Expenses. Total of all expenses incurred2019-06-30$10,179,200
Benefits paid (including direct rollovers)2019-06-30$9,532,557
Total plan assets at end of year2019-06-30$236,603,113
Total plan assets at beginning of year2019-06-30$239,329,878
Value of fidelity bond covering the plan2019-06-30$10,000,000
Total contributions received or receivable from participants2019-06-30$0
Expenses. Other expenses not covered elsewhere2019-06-30$637,400
Contributions received from other sources (not participants or employers)2019-06-30$0
Other income received2019-06-30$6,996,171
Noncash contributions received2019-06-30$0
Net income (gross income less expenses)2019-06-30$-1,953,414
Net plan assets at end of year (total assets less liabilities)2019-06-30$225,796,161
Net plan assets at beginning of year (total assets less liabilities)2019-06-30$227,749,575
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2019-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2019-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022019-06-30$0
Assets. Value of employer securities2019-06-30$231,950,030
Total contributions received or receivable from employer(s)2019-06-30$1,229,615
Value of certain deemed distributions of participant loans2019-06-30$0
Value of corrective distributions2019-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-06-30$9,243
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-06-30$8,703,834
2018 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-06-30$9,471,468
2017 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Transfers to/from the plan2017-06-30$0
Total plan liabilities at end of year2017-06-30$12,324,339
Total plan liabilities at beginning of year2017-06-30$13,040,170
Total income from all sources2017-06-30$-10,428,800
Expenses. Total of all expenses incurred2017-06-30$24,756,871
Benefits paid (including direct rollovers)2017-06-30$24,064,666
Total plan assets at end of year2017-06-30$236,930,667
Total plan assets at beginning of year2017-06-30$272,832,169
Value of fidelity bond covering the plan2017-06-30$10,000,000
Total contributions received or receivable from participants2017-06-30$0
Expenses. Other expenses not covered elsewhere2017-06-30$513,783
Contributions received from other sources (not participants or employers)2017-06-30$0
Other income received2017-06-30$-11,658,415
Noncash contributions received2017-06-30$0
Net income (gross income less expenses)2017-06-30$-35,185,671
Net plan assets at end of year (total assets less liabilities)2017-06-30$224,606,328
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$259,791,999
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2017-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2017-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022017-06-30$0
Assets. Value of employer securities2017-06-30$232,897,292
Total contributions received or receivable from employer(s)2017-06-30$1,229,615
Value of certain deemed distributions of participant loans2017-06-30$0
Value of corrective distributions2017-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-06-30$178,422
2016 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Transfers to/from the plan2016-06-30$0
Total plan liabilities at end of year2016-06-30$13,040,170
Total plan liabilities at beginning of year2016-06-30$13,728,868
Total income from all sources2016-06-30$34,439,987
Expenses. Total of all expenses incurred2016-06-30$12,352,114
Benefits paid (including direct rollovers)2016-06-30$11,629,525
Total plan assets at end of year2016-06-30$272,832,169
Total plan assets at beginning of year2016-06-30$251,432,994
Value of fidelity bond covering the plan2016-06-30$10,000,000
Total contributions received or receivable from participants2016-06-30$0
Expenses. Other expenses not covered elsewhere2016-06-30$541,717
Contributions received from other sources (not participants or employers)2016-06-30$0
Other income received2016-06-30$33,210,373
Noncash contributions received2016-06-30$0
Net income (gross income less expenses)2016-06-30$22,087,873
Net plan assets at end of year (total assets less liabilities)2016-06-30$259,791,999
Net plan assets at beginning of year (total assets less liabilities)2016-06-30$237,704,126
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2016-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2016-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-06-30$0
Assets. Value of employer securities2016-06-30$269,336,417
Total contributions received or receivable from employer(s)2016-06-30$1,229,614
Value of certain deemed distributions of participant loans2016-06-30$0
Value of corrective distributions2016-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-30$180,872
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-06-30$11,308,234
2015 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Transfers to/from the plan2015-06-30$0
Total plan liabilities at end of year2015-06-30$13,728,868
Total plan liabilities at beginning of year2015-06-30$14,391,459
Total income from all sources2015-06-30$32,130,415
Expenses. Total of all expenses incurred2015-06-30$9,097,338
Benefits paid (including direct rollovers)2015-06-30$8,438,845
Total plan assets at end of year2015-06-30$251,432,994
Total plan assets at beginning of year2015-06-30$229,062,508
Value of fidelity bond covering the plan2015-06-30$10,000,000
Total contributions received or receivable from participants2015-06-30$0
Expenses. Other expenses not covered elsewhere2015-06-30$567,023
Contributions received from other sources (not participants or employers)2015-06-30$0
Other income received2015-06-30$30,925,800
Noncash contributions received2015-06-30$0
Net income (gross income less expenses)2015-06-30$23,033,077
Net plan assets at end of year (total assets less liabilities)2015-06-30$237,704,126
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$214,671,049
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2015-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2015-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-06-30$0
Assets. Value of employer securities2015-06-30$248,527,484
Total contributions received or receivable from employer(s)2015-06-30$1,204,615
Value of certain deemed distributions of participant loans2015-06-30$0
Value of corrective distributions2015-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-06-30$91,470
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-06-30$7,409,666
2014 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Transfers to/from the plan2014-06-30$0
Total plan liabilities at end of year2014-06-30$14,391,459
Total plan liabilities at beginning of year2014-06-30$15,028,933
Total income from all sources2014-06-30$19,588,470
Expenses. Total of all expenses incurred2014-06-30$6,492,786
Benefits paid (including direct rollovers)2014-06-30$5,811,159
Total plan assets at end of year2014-06-30$229,062,508
Total plan assets at beginning of year2014-06-30$216,604,298
Value of fidelity bond covering the plan2014-06-30$10,000,000
Total contributions received or receivable from participants2014-06-30$0
Expenses. Other expenses not covered elsewhere2014-06-30$592,540
Contributions received from other sources (not participants or employers)2014-06-30$0
Other income received2014-06-30$18,358,855
Noncash contributions received2014-06-30$0
Net income (gross income less expenses)2014-06-30$13,095,684
Net plan assets at end of year (total assets less liabilities)2014-06-30$214,671,049
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$201,575,365
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2014-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2014-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-06-30$0
Assets. Value of employer securities2014-06-30$226,038,506
Total contributions received or receivable from employer(s)2014-06-30$1,229,615
Value of certain deemed distributions of participant loans2014-06-30$0
Value of corrective distributions2014-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$89,087
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-06-30$5,450,787
2013 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Transfers to/from the plan2013-06-30$0
Total plan liabilities at end of year2013-06-30$15,028,933
Total plan liabilities at beginning of year2013-06-30$15,642,244
Total income from all sources2013-06-30$9,136,496
Expenses. Total of all expenses incurred2013-06-30$5,100,934
Benefits paid (including direct rollovers)2013-06-30$4,472,777
Total plan assets at end of year2013-06-30$216,604,298
Total plan assets at beginning of year2013-06-30$213,182,047
Value of fidelity bond covering the plan2013-06-30$10,000,000
Total contributions received or receivable from participants2013-06-30$0
Expenses. Other expenses not covered elsewhere2013-06-30$616,544
Contributions received from other sources (not participants or employers)2013-06-30$0
Other income received2013-06-30$7,906,881
Noncash contributions received2013-06-30$0
Net income (gross income less expenses)2013-06-30$4,035,562
Net plan assets at end of year (total assets less liabilities)2013-06-30$201,575,365
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$197,539,803
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2013-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2013-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022013-06-30$0
Assets. Value of employer securities2013-06-30$214,131,748
Total contributions received or receivable from employer(s)2013-06-30$1,229,615
Value of certain deemed distributions of participant loans2013-06-30$0
Value of corrective distributions2013-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-06-30$11,613
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-06-30$4,427,241
2012 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Transfers to/from the plan2012-06-30$0
Total plan liabilities at end of year2012-06-30$15,642,244
Total plan liabilities at beginning of year2012-06-30$16,232,305
Total income from all sources2012-06-30$129,536,850
Expenses. Total of all expenses incurred2012-06-30$1,650,886
Benefits paid (including direct rollovers)2012-06-30$1,006,305
Total plan assets at end of year2012-06-30$213,182,047
Total plan assets at beginning of year2012-06-30$85,886,144
Value of fidelity bond covering the plan2012-06-30$10,000,000
Total contributions received or receivable from participants2012-06-30$0
Expenses. Other expenses not covered elsewhere2012-06-30$644,581
Contributions received from other sources (not participants or employers)2012-06-30$0
Other income received2012-06-30$128,354,237
Noncash contributions received2012-06-30$0
Net income (gross income less expenses)2012-06-30$127,885,964
Net plan assets at end of year (total assets less liabilities)2012-06-30$197,539,803
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$69,653,839
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2012-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2012-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-06-30$0
Assets. Value of employer securities2012-06-30$211,654,250
Total contributions received or receivable from employer(s)2012-06-30$1,182,613
Value of certain deemed distributions of participant loans2012-06-30$0
Value of corrective distributions2012-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-06-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-06-30$0
2011 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-06-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2011-06-30$64,630,414
Total unrealized appreciation/depreciation of assets2011-06-30$64,630,414
Total transfer of assets to this plan2011-06-30$0
Total transfer of assets from this plan2011-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$16,232,305
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$16,800,000
Expenses. Interest paid2011-06-30$661,920
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-06-30$661,920
Total income from all sources (including contributions)2011-06-30$66,861,624
Total loss/gain on sale of assets2011-06-30$0
Total of all expenses incurred2011-06-30$3,481,227
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-06-30$2,819,307
Value of total corrective distributions2011-06-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-06-30$1,297,630
Value of total assets at end of year2011-06-30$85,886,144
Value of total assets at beginning of year2011-06-30$23,073,442
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-06-30$0
Total income from rents2011-06-30$0
Total interest from all sources2011-06-30$1,596
Total dividends received (eg from common stock, registered investment company shares)2011-06-30$931,984
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2011-06-30$0
Administrative expenses professional fees incurred2011-06-30$0
Was this plan covered by a fidelity bond2011-06-30Yes
Value of fidelity bond cover2011-06-30$10,000,000
If this is an individual account plan, was there a blackout period2011-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0
Were there any nonexempt tranactions with any party-in-interest2011-06-30No
Amount of non-exempt transactions with any party-in-interest2011-06-30$0
Contributions received from participants2011-06-30$0
Income. Received or receivable in cash from other sources (including rollovers)2011-06-30$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-06-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-06-30$16,232,305
Other income not declared elsewhere2011-06-30$0
Administrative expenses (other) incurred2011-06-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Income. Non cash contributions2011-06-30$0
Value of net income/loss2011-06-30$63,380,397
Value of net assets at end of year (total assets less liabilities)2011-06-30$69,653,839
Value of net assets at beginning of year (total assets less liabilities)2011-06-30$6,273,442
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-06-30No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2011-06-30$0
Were any leases to which the plan was party in default or uncollectible2011-06-30No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2011-06-30$0
Investment advisory and management fees2011-06-30$0
Income. Interest from loans (other than to participants)2011-06-30$0
Interest earned on other investments2011-06-30$0
Income. Interest from US Government securities2011-06-30$0
Income. Interest from corporate debt instruments2011-06-30$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-06-30$1,037,668
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-06-30$728,182
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-06-30$728,182
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-06-30$1,596
Expenses. Payments to insurance carriers foe the provision of benefits2011-06-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-06-30$0
Net investment gain/loss from pooled separate accounts2011-06-30$0
Net investment gain or loss from common/collective trusts2011-06-30$0
Net gain/loss from 103.12 investment entities2011-06-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-06-30No
Was there a failure to transmit to the plan any participant contributions2011-06-30No
Has the plan failed to provide any benefit when due under the plan2011-06-30No
Assets. Invements in employer securities at end of year2011-06-30$84,848,476
Assets. Invements in employer securities at beginning of year2011-06-30$21,000,000
Contributions received in cash from employer2011-06-30$1,297,630
Employer contributions (assets) at end of year2011-06-30$0
Employer contributions (assets) at beginning of year2011-06-30$1,345,260
Income. Dividends from preferred stock2011-06-30$0
Income. Dividends from common stock2011-06-30$931,984
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-06-30$2,819,307
Contract administrator fees2011-06-30$0
Did the plan have assets held for investment2011-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-06-30No
Aggregate proceeds on sale of assets2011-06-30$0
Aggregate carrying amount (costs) on sale of assets2011-06-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2011-06-30$16,800,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-06-30No
Opinion of an independent qualified public accountant for this plan2011-06-30Unqualified
Accountancy firm name2011-06-30BDO USA, LLP
Accountancy firm EIN2011-06-30135381590
2009 : CLC EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2009-06-30$1,578,000
Total unrealized appreciation/depreciation of assets2009-06-30$1,578,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2009-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2009-06-30$0
Total income from all sources (including contributions)2009-06-30$1,671,629
Total loss/gain on sale of assets2009-06-30$0
Total of all expenses incurred2009-06-30$93,620
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2009-06-30$93,620
Total contributions o plan (from employers,participants, others, non cash contrinutions)2009-06-30$93,620
Value of total assets at end of year2009-06-30$2,283,009
Value of total assets at beginning of year2009-06-30$705,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2009-06-30$0
Total interest from all sources2009-06-30$9
Total dividends received (eg from common stock, registered investment company shares)2009-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2009-06-30No
Was this plan covered by a fidelity bond2009-06-30Yes
Value of fidelity bond cover2009-06-30$10,000,000
If this is an individual account plan, was there a blackout period2009-06-30No
Were there any nonexempt tranactions with any party-in-interest2009-06-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2009-06-30No
Value of net income/loss2009-06-30$1,578,009
Value of net assets at end of year (total assets less liabilities)2009-06-30$2,283,009
Value of net assets at beginning of year (total assets less liabilities)2009-06-30$705,000
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2009-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2009-06-30No
Were any leases to which the plan was party in default or uncollectible2009-06-30No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2009-06-30$9
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2009-06-30$9
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2009-06-30No
Was there a failure to transmit to the plan any participant contributions2009-06-30No
Has the plan failed to provide any benefit when due under the plan2009-06-30No
Assets. Invements in employer securities at end of year2009-06-30$2,283,000
Assets. Invements in employer securities at beginning of year2009-06-30$705,000
Contributions received in cash from employer2009-06-30$93,620
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2009-06-30$93,620
Did the plan have assets held for investment2009-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2009-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2009-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2009-06-30No
Opinion of an independent qualified public accountant for this plan2009-06-30Unqualified
Accountancy firm name2009-06-30BDO SEIDMAN, LLP
Accountancy firm EIN2009-06-30135381590

Form 5500 Responses for CLC EMPLOYEE STOCK OWNERSHIP PLAN

2022: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01This submission is the final filingNo
2022-07-01This return/report is a short plan year return/report (less than 12 months)No
2022-07-01Plan is a collectively bargained planNo
2022-07-01Plan funding arrangement – TrustYes
2022-07-01Plan benefit arrangement - TrustYes
2021: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01This submission is the final filingNo
2021-07-01This return/report is a short plan year return/report (less than 12 months)No
2021-07-01Plan is a collectively bargained planNo
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement - TrustYes
2020: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01This submission is the final filingNo
2020-07-01This return/report is a short plan year return/report (less than 12 months)No
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – TrustYes
2020-07-01Plan benefit arrangement - TrustYes
2019: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)No
2019-07-01Plan is a collectively bargained planNo
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes
2018: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planNo
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01This submission is the final filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01This submission is the final filingNo
2016-07-01This return/report is a short plan year return/report (less than 12 months)No
2016-07-01Plan is a collectively bargained planNo
2016-07-01Plan funding arrangement – TrustYes
2016-07-01Plan benefit arrangement - TrustYes
2015: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-07-01Type of plan entitySingle employer plan
2015-07-01This submission is the final filingNo
2015-07-01This return/report is a short plan year return/report (less than 12 months)No
2015-07-01Plan is a collectively bargained planNo
2015-07-01Plan funding arrangement – TrustYes
2015-07-01Plan benefit arrangement - TrustYes
2014: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01This submission is the final filingNo
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planNo
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement - TrustYes
2013: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement - TrustYes
2012: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2011: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement - TrustYes
2010: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01This submission is the final filingNo
2010-07-01This return/report is a short plan year return/report (less than 12 months)No
2010-07-01Plan is a collectively bargained planNo
2010-07-01Plan funding arrangement – TrustYes
2010-07-01Plan benefit arrangement - TrustYes
2009: CLC EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planNo
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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