DISCOVER FINANCIAL SERVICES has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan DISCOVER FINANCIAL SERVICES 401K PLAN
Measure | Date | Value |
---|
2022 : DISCOVER FINANCIAL SERVICES 401K 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 | $8,488,081 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $8,914,135 |
Total income from all sources (including contributions) | 2022-12-31 | $-175,449,606 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $143,951,343 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $141,929,996 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $-58,725 |
Value of total corrective distributions | 2022-12-31 | $5,839 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $228,605,030 |
Value of total assets at end of year | 2022-12-31 | $2,236,723,322 |
Value of total assets at beginning of year | 2022-12-31 | $2,556,550,325 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,074,233 |
Total interest from all sources | 2022-12-31 | $1,501,348 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $6,018,679 |
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 | $6,018,679 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $110,163,931 |
Participant contributions at end of year | 2022-12-31 | $33,055,753 |
Participant contributions at beginning of year | 2022-12-31 | $32,794,586 |
Participant contributions at end of year | 2022-12-31 | $3,294,110 |
Participant contributions at beginning of year | 2022-12-31 | $2,863,795 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $11,239,944 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $750,955 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $148,016 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $5,700,393 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $5,025,591 |
Liabilities. Value of operating payables at end of year | 2022-12-31 | $507,617 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $563,226 |
Total non interest bearing cash at end of year | 2022-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $4 |
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 | $-319,400,949 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,228,235,241 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,547,636,190 |
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 | $2,074,233 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $108,553,207 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $116,133,105 |
Interest on participant loans | 2022-12-31 | $1,501,348 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $2,041,326,424 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $2,361,246,874 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-10,006,468 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-401,568,195 |
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 | $107,201,155 |
Employer contributions (assets) at end of year | 2022-12-31 | $49,742,873 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $43,363,945 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $141,929,996 |
Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $2,280,071 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $3,325,318 |
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 | CROWE LLP |
Accountancy firm EIN | 2022-12-31 | 350921680 |
2021 : DISCOVER FINANCIAL SERVICES 401K 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 | $8,914,135 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $6,348,298 |
Total income from all sources (including contributions) | 2021-12-31 | $534,155,910 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $220,214,113 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $217,903,801 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $7,932 |
Value of total corrective distributions | 2021-12-31 | $11,537 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $214,256,761 |
Value of total assets at end of year | 2021-12-31 | $2,556,550,325 |
Value of total assets at beginning of year | 2021-12-31 | $2,240,042,691 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,290,843 |
Total interest from all sources | 2021-12-31 | $1,650,175 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $5,020,041 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $5,020,041 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $50,000,000 |
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 | $103,885,047 |
Participant contributions at end of year | 2021-12-31 | $32,794,586 |
Participant contributions at beginning of year | 2021-12-31 | $33,265,235 |
Participant contributions at end of year | 2021-12-31 | $2,863,795 |
Participant contributions at beginning of year | 2021-12-31 | $2,740,052 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $14,801,097 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $148,016 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $546,119 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $5,025,591 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $3,441,852 |
Liabilities. Value of operating payables at end of year | 2021-12-31 | $563,226 |
Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $642,555 |
Total non interest bearing cash at end of year | 2021-12-31 | $4 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $457,669 |
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 | $313,941,797 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,547,636,190 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,233,694,393 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $2,290,843 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $116,133,105 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $108,583,729 |
Interest on participant loans | 2021-12-31 | $1,650,175 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $2,361,246,874 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $2,047,558,490 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $5,907,081 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $307,321,852 |
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 | $95,570,617 |
Employer contributions (assets) at end of year | 2021-12-31 | $43,363,945 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $46,891,397 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $217,903,801 |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $3,325,318 |
Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $2,263,891 |
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 | CROWE LLP |
Accountancy firm EIN | 2021-12-31 | 350921680 |
2020 : DISCOVER FINANCIAL SERVICES 401K 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 | $6,348,298 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $4,448,232 |
Total income from all sources (including contributions) | 2020-12-31 | $492,292,338 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $143,292,041 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $141,498,602 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $118,836 |
Value of total corrective distributions | 2020-12-31 | $-92,455 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $210,096,800 |
Value of total assets at end of year | 2020-12-31 | $2,240,042,691 |
Value of total assets at beginning of year | 2020-12-31 | $1,889,142,328 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,767,058 |
Total interest from all sources | 2020-12-31 | $1,906,301 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,731,173 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,731,173 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
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 | $102,187,398 |
Participant contributions at end of year | 2020-12-31 | $33,265,235 |
Participant contributions at beginning of year | 2020-12-31 | $35,584,328 |
Participant contributions at end of year | 2020-12-31 | $2,740,052 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $9,597,158 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $546,119 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $3,086,563 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $3,441,852 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $2,533,432 |
Liabilities. Value of operating payables at end of year | 2020-12-31 | $642,555 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $413,272 |
Total non interest bearing cash at end of year | 2020-12-31 | $457,669 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $18 |
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 | $349,000,297 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,233,694,393 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,884,694,096 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $1,767,058 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $108,583,729 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $111,566,138 |
Interest on participant loans | 2020-12-31 | $1,906,301 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,047,558,490 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $1,700,259,303 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,430,412 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $276,127,652 |
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 | $98,312,244 |
Employer contributions (assets) at end of year | 2020-12-31 | $46,891,397 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $38,645,978 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $141,498,602 |
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 | 2020-12-31 | Yes |
Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $2,263,891 |
Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $1,501,528 |
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 | Disclaimer |
Accountancy firm name | 2020-12-31 | CROWE LLP |
Accountancy firm EIN | 2020-12-31 | 350921680 |
2019 : DISCOVER FINANCIAL SERVICES 401K 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 | $4,448,232 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $949,767 |
Total income from all sources (including contributions) | 2019-12-31 | $516,067,272 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $128,010,453 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $126,413,122 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $-15,912 |
Value of total corrective distributions | 2019-12-31 | $93,149 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $185,640,417 |
Value of total assets at end of year | 2019-12-31 | $1,889,142,328 |
Value of total assets at beginning of year | 2019-12-31 | $1,497,587,044 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,520,094 |
Total interest from all sources | 2019-12-31 | $1,854,692 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $3,517,004 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $3,517,004 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | Yes |
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 | $88,559,830 |
Participant contributions at end of year | 2019-12-31 | $35,584,328 |
Participant contributions at beginning of year | 2019-12-31 | $34,050,526 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $10,475,837 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $3,086,563 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $22,228 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $2,533,432 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $413,272 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $321,320 |
Total non interest bearing cash at end of year | 2019-12-31 | $18 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $388,056,819 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,884,694,096 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,496,637,277 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $1,520,094 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $111,566,138 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $95,930,273 |
Interest on participant loans | 2019-12-31 | $1,854,692 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,700,259,303 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,331,292,615 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $14,667,447 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $310,387,712 |
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 | $86,604,750 |
Employer contributions (assets) at end of year | 2019-12-31 | $38,645,978 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $36,291,402 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $126,413,122 |
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 | 2019-12-31 | Yes |
Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $1,501,528 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $628,447 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CROWE LLP |
Accountancy firm EIN | 2019-12-31 | 350921680 |
2018 : DISCOVER FINANCIAL SERVICES 401K PLAN 2018 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $3,369,469 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $3,369,469 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $949,767 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $1,932,168 |
Total income from all sources (including contributions) | 2018-12-31 | $59,365,582 |
Total loss/gain on sale of assets | 2018-12-31 | $4,059,991 |
Total of all expenses incurred | 2018-12-31 | $95,562,483 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $94,131,553 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $113,006 |
Value of total corrective distributions | 2018-12-31 | $-5,160 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $159,279,927 |
Value of total assets at end of year | 2018-12-31 | $1,497,587,044 |
Value of total assets at beginning of year | 2018-12-31 | $1,534,766,346 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,323,084 |
Total interest from all sources | 2018-12-31 | $1,590,147 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $2,362,116 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $2,362,116 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $80,807,424 |
Participant contributions at end of year | 2018-12-31 | $34,050,526 |
Participant contributions at beginning of year | 2018-12-31 | $31,306,435 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $7,761,586 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $22,228 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $389,387 |
Liabilities. Value of operating payables at end of year | 2018-12-31 | $321,320 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $845,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-36,196,901 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,496,637,277 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,532,834,178 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $1,323,084 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $95,930,273 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $121,761,813 |
Interest on participant loans | 2018-12-31 | $1,566,134 |
Interest earned on other investments | 2018-12-31 | $24,013 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $1,331,292,615 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $1,189,079,941 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-20,901,228 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-90,394,840 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $70,710,917 |
Employer contributions (assets) at end of year | 2018-12-31 | $36,291,402 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $32,938,461 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $94,131,553 |
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 | 2018-12-31 | Yes |
Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $159,290,309 |
Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $628,447 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $1,087,168 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $13,280,429 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $9,220,438 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | CROWE LLP |
Accountancy firm EIN | 2018-12-31 | 350921680 |
2017 : DISCOVER FINANCIAL SERVICES 401K PLAN 2017 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $1,932,168 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $2,089,039 |
Total income from all sources (including contributions) | 2017-12-31 | $361,176,428 |
Total loss/gain on sale of assets | 2017-12-31 | $29,514,439 |
Total of all expenses incurred | 2017-12-31 | $74,404,483 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $73,255,752 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $22,624 |
Value of total corrective distributions | 2017-12-31 | $6,580 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $140,672,833 |
Value of total assets at end of year | 2017-12-31 | $1,534,766,346 |
Value of total assets at beginning of year | 2017-12-31 | $1,248,151,272 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,119,527 |
Total interest from all sources | 2017-12-31 | $1,281,411 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $2,309,874 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $2,309,323 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $71,200,884 |
Participant contributions at end of year | 2017-12-31 | $31,306,435 |
Participant contributions at beginning of year | 2017-12-31 | $27,831,947 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $5,525,376 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $389,387 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $380,019 |
Liabilities. Value of operating payables at end of year | 2017-12-31 | $845,000 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $503,967 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $286,771,945 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $1,532,834,178 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,246,062,233 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $1,119,527 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $121,761,813 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $91,607,368 |
Interest on participant loans | 2017-12-31 | $1,281,411 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $1,189,079,941 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $962,115,531 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $20,150,317 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $167,247,554 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Assets. Invements in employer securities at end of year | 2017-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2017-12-31 | $1,543,302 |
Contributions received in cash from employer | 2017-12-31 | $63,946,573 |
Employer contributions (assets) at end of year | 2017-12-31 | $32,938,461 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $27,455,299 |
Income. Dividends from common stock | 2017-12-31 | $551 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $73,255,752 |
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 | 2017-12-31 | Yes |
Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $159,290,309 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $137,217,806 |
Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $1,087,168 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $1,585,072 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $29,514,439 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | CROWE LLP |
Accountancy firm EIN | 2017-12-31 | 350921680 |
2016 : DISCOVER FINANCIAL SERVICES 401K PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $2,089,039 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $2,035,232 |
Total income from all sources (including contributions) | 2016-12-31 | $232,475,502 |
Total loss/gain on sale of assets | 2016-12-31 | $34,561,973 |
Total of all expenses incurred | 2016-12-31 | $89,823,992 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $88,945,896 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $46,879 |
Value of total corrective distributions | 2016-12-31 | $8,554 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $126,344,425 |
Value of total assets at end of year | 2016-12-31 | $1,248,151,272 |
Value of total assets at beginning of year | 2016-12-31 | $1,105,445,955 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $822,663 |
Total interest from all sources | 2016-12-31 | $1,124,047 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $3,643,085 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $1,603,158 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $63,722,305 |
Participant contributions at end of year | 2016-12-31 | $27,831,947 |
Participant contributions at beginning of year | 2016-12-31 | $26,463,204 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $5,180,766 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $380,019 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $213,226 |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $503,967 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $747,423 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $142,651,510 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,246,062,233 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $1,103,410,723 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $822,663 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $91,607,368 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $80,313,545 |
Interest on participant loans | 2016-12-31 | $1,124,047 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $962,115,531 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $721,708,458 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $4,272,589 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $62,529,383 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Assets. Invements in employer securities at end of year | 2016-12-31 | $1,543,302 |
Assets. Invements in employer securities at beginning of year | 2016-12-31 | $108,462,000 |
Contributions received in cash from employer | 2016-12-31 | $57,441,354 |
Employer contributions (assets) at end of year | 2016-12-31 | $27,455,299 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $26,698,736 |
Income. Dividends from common stock | 2016-12-31 | $2,039,927 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $88,945,896 |
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 | 2016-12-31 | Yes |
Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $137,217,806 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $141,586,786 |
Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $1,585,072 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $1,287,809 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $34,561,973 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2016-12-31 | 350921680 |
2015 : DISCOVER FINANCIAL SERVICES 401K PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-26,458,711 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-26,458,711 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $2,035,232 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $1,135,532 |
Total income from all sources (including contributions) | 2015-12-31 | $84,242,191 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $74,962,135 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $74,324,897 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $3,205 |
Value of total corrective distributions | 2015-12-31 | $418 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $122,968,446 |
Value of total assets at end of year | 2015-12-31 | $1,105,445,955 |
Value of total assets at beginning of year | 2015-12-31 | $1,095,266,199 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $633,615 |
Total interest from all sources | 2015-12-31 | $1,086,983 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $4,153,442 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,690,036 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $61,755,393 |
Participant contributions at end of year | 2015-12-31 | $26,463,204 |
Participant contributions at beginning of year | 2015-12-31 | $26,115,904 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $5,435,268 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $213,226 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $406,822 |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $747,423 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $504,174 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $9,280,056 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $1,103,410,723 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $1,094,130,667 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $633,615 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $80,313,545 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $91,233,593 |
Interest on participant loans | 2015-12-31 | $1,086,983 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $721,708,458 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $648,856,550 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-10,250,841 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $-7,257,128 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Assets. Invements in employer securities at end of year | 2015-12-31 | $108,462,000 |
Assets. Invements in employer securities at beginning of year | 2015-12-31 | $151,917,873 |
Contributions received in cash from employer | 2015-12-31 | $55,777,785 |
Employer contributions (assets) at end of year | 2015-12-31 | $26,698,736 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $23,972,881 |
Income. Dividends from common stock | 2015-12-31 | $2,463,406 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $74,324,897 |
Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $141,586,786 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $152,762,576 |
Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $1,287,809 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $631,358 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
Accountancy firm name | 2015-12-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2015-12-31 | 350921680 |
2014 : DISCOVER FINANCIAL SERVICES 401K PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $41,406,384 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $41,406,384 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $1,135,532 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $661,116 |
Total income from all sources (including contributions) | 2014-12-31 | $196,782,321 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $63,757,348 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $63,217,869 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $45,061 |
Value of total corrective distributions | 2014-12-31 | $5,914 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $111,202,830 |
Value of total assets at end of year | 2014-12-31 | $1,095,266,199 |
Value of total assets at beginning of year | 2014-12-31 | $961,766,810 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $488,504 |
Total interest from all sources | 2014-12-31 | $1,066,508 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $4,311,264 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $2,063,347 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $55,697,325 |
Participant contributions at end of year | 2014-12-31 | $26,115,904 |
Participant contributions at beginning of year | 2014-12-31 | $24,590,639 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $613 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $4,133,298 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $406,822 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $287,543 |
Liabilities. Value of operating payables at end of year | 2014-12-31 | $504,174 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $232,361 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $133,024,973 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $1,094,130,667 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $961,105,694 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Investment advisory and management fees | 2014-12-31 | $488,504 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $91,233,593 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $306,832,977 |
Interest on participant loans | 2014-12-31 | $1,066,508 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $648,856,550 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $470,332,648 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $17,736,854 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $21,058,481 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Assets. Invements in employer securities at end of year | 2014-12-31 | $151,917,873 |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $137,099,992 |
Contributions received in cash from employer | 2014-12-31 | $51,372,207 |
Employer contributions (assets) at end of year | 2014-12-31 | $23,972,881 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $22,622,398 |
Income. Dividends from common stock | 2014-12-31 | $2,247,917 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $63,217,869 |
Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $152,762,576 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $0 |
Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $631,358 |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $428,755 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
Accountancy firm name | 2014-12-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2014-12-31 | 350921680 |
2013 : DISCOVER FINANCIAL SERVICES 401K PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $44,773,558 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $44,773,558 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $661,116 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $157,335 |
Total income from all sources (including contributions) | 2013-12-31 | $292,547,498 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $41,891,061 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $41,485,215 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $21,791 |
Value of total corrective distributions | 2013-12-31 | $20,962 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $103,477,815 |
Value of total assets at end of year | 2013-12-31 | $961,766,810 |
Value of total assets at beginning of year | 2013-12-31 | $710,606,592 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $363,093 |
Total interest from all sources | 2013-12-31 | $951,608 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $4,463,120 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $2,564,377 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $51,308,415 |
Participant contributions at end of year | 2013-12-31 | $24,590,639 |
Participant contributions at beginning of year | 2013-12-31 | $21,231,355 |
Participant contributions at end of year | 2013-12-31 | $613 |
Participant contributions at beginning of year | 2013-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $4,484,144 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $287,543 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $366,561 |
Liabilities. Value of operating payables at end of year | 2013-12-31 | $232,361 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $157,335 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $250,656,437 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $961,105,694 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $710,449,257 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Investment advisory and management fees | 2013-12-31 | $363,093 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $306,832,977 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $225,853,534 |
Interest on participant loans | 2013-12-31 | $951,608 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $470,332,648 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $348,732,300 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $58,691,222 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $80,190,175 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Assets. Invements in employer securities at end of year | 2013-12-31 | $137,099,992 |
Assets. Invements in employer securities at beginning of year | 2013-12-31 | $102,372,224 |
Contributions received in cash from employer | 2013-12-31 | $47,685,256 |
Employer contributions (assets) at end of year | 2013-12-31 | $22,622,398 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $12,050,618 |
Income. Dividends from common stock | 2013-12-31 | $1,898,743 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $41,485,215 |
Liabilities. Value of benefit claims payable at end of year | 2013-12-31 | $428,755 |
Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $0 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
Accountancy firm name | 2013-12-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2013-12-31 | 350921680 |
2012 : DISCOVER FINANCIAL SERVICES 401K PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $42,199,609 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $42,199,609 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $157,335 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $333,030 |
Total income from all sources (including contributions) | 2012-12-31 | $205,953,949 |
Total loss/gain on sale of assets | 2012-12-31 | $418 |
Total of all expenses incurred | 2012-12-31 | $39,279,332 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $39,096,862 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $-7,318 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $92,863,405 |
Value of total assets at end of year | 2012-12-31 | $710,606,592 |
Value of total assets at beginning of year | 2012-12-31 | $544,107,670 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $189,788 |
Total interest from all sources | 2012-12-31 | $859,330 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $3,344,631 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $2,492,171 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $44,017,198 |
Participant contributions at end of year | 2012-12-31 | $21,231,355 |
Participant contributions at beginning of year | 2012-12-31 | $18,153,187 |
Participant contributions at end of year | 2012-12-31 | $0 |
Participant contributions at beginning of year | 2012-12-31 | $1,468,312 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $5,073,953 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $366,561 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $668,359 |
Liabilities. Value of operating payables at end of year | 2012-12-31 | $157,335 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $333,030 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $166,674,617 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $710,449,257 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $543,774,640 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $225,853,534 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $302,245,031 |
Interest on participant loans | 2012-12-31 | $859,330 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $348,732,300 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $141,164,754 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $29,729,256 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $36,957,300 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Assets. Invements in employer securities at end of year | 2012-12-31 | $102,372,224 |
Assets. Invements in employer securities at beginning of year | 2012-12-31 | $70,783,296 |
Contributions received in cash from employer | 2012-12-31 | $43,772,254 |
Employer contributions (assets) at end of year | 2012-12-31 | $12,050,618 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $9,624,731 |
Income. Dividends from common stock | 2012-12-31 | $852,460 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $39,096,862 |
Contract administrator fees | 2012-12-31 | $189,788 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Aggregate proceeds on sale of assets | 2012-12-31 | $418 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
Accountancy firm name | 2012-12-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2012-12-31 | 350921680 |
2011 : DISCOVER FINANCIAL SERVICES 401K PLAN 2011 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $7,802,678 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $7,802,678 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $333,030 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $120,369 |
Total income from all sources (including contributions) | 2011-12-31 | $83,762,825 |
Total loss/gain on sale of assets | 2011-12-31 | $10,667,804 |
Total of all expenses incurred | 2011-12-31 | $29,223,619 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $28,037,555 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $1,123,207 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $77,795,693 |
Value of total assets at end of year | 2011-12-31 | $544,107,670 |
Value of total assets at beginning of year | 2011-12-31 | $489,355,803 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $62,857 |
Total interest from all sources | 2011-12-31 | $713,619 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $4,362,297 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $3,725,578 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $37,199,018 |
Participant contributions at end of year | 2011-12-31 | $18,153,187 |
Participant contributions at beginning of year | 2011-12-31 | $15,332,365 |
Participant contributions at end of year | 2011-12-31 | $1,468,312 |
Participant contributions at beginning of year | 2011-12-31 | $9,074 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $2,730,049 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $668,359 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $300,299 |
Liabilities. Value of operating payables at end of year | 2011-12-31 | $333,030 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $120,369 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $54,539,206 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $543,774,640 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $489,235,434 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $62,857 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $302,245,031 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $282,456,276 |
Interest on participant loans | 2011-12-31 | $713,619 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $141,164,754 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $120,160,681 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-16,335,702 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $-1,243,564 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Assets. Invements in employer securities at end of year | 2011-12-31 | $70,783,296 |
Assets. Invements in employer securities at beginning of year | 2011-12-31 | $62,800,357 |
Contributions received in cash from employer | 2011-12-31 | $37,866,626 |
Employer contributions (assets) at end of year | 2011-12-31 | $9,624,731 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $8,296,751 |
Income. Dividends from common stock | 2011-12-31 | $636,719 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $28,037,555 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Aggregate proceeds on sale of assets | 2011-12-31 | $20,512,385 |
Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $9,844,581 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
Accountancy firm name | 2011-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2011-12-31 | 133891517 |
2010 : DISCOVER FINANCIAL SERVICES 401K PLAN 2010 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $8,954,281 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $8,954,281 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $120,369 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $2,075 |
Total income from all sources (including contributions) | 2010-12-31 | $126,482,496 |
Total loss/gain on sale of assets | 2010-12-31 | $4,346,873 |
Total of all expenses incurred | 2010-12-31 | $30,871,992 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $29,845,512 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $1,026,467 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $62,564,932 |
Value of total assets at end of year | 2010-12-31 | $489,355,803 |
Value of total assets at beginning of year | 2010-12-31 | $393,627,005 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $13 |
Total interest from all sources | 2010-12-31 | $736,829 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $3,002,628 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $2,713,067 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $30,397,622 |
Participant contributions at end of year | 2010-12-31 | $15,332,365 |
Participant contributions at beginning of year | 2010-12-31 | $12,359,966 |
Participant contributions at end of year | 2010-12-31 | $9,074 |
Participant contributions at beginning of year | 2010-12-31 | $960,669 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $-11 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $703,980 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $300,299 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $168,859 |
Administrative expenses (other) incurred | 2010-12-31 | $13 |
Liabilities. Value of operating payables at end of year | 2010-12-31 | $120,369 |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $2,075 |
Total non interest bearing cash at end of year | 2010-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $32 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $95,610,504 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $489,235,434 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $393,624,930 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $282,456,276 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $240,249,924 |
Interest on participant loans | 2010-12-31 | $736,829 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $120,160,681 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $77,484,505 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $33,791,716 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $13,085,237 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Assets. Invements in employer securities at end of year | 2010-12-31 | $62,800,357 |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $54,299,817 |
Contributions received in cash from employer | 2010-12-31 | $31,463,330 |
Employer contributions (assets) at end of year | 2010-12-31 | $8,296,751 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $8,103,244 |
Income. Dividends from common stock | 2010-12-31 | $289,561 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $29,845,512 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Aggregate proceeds on sale of assets | 2010-12-31 | $13,536,107 |
Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $9,189,234 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
Accountancy firm name | 2010-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2010-12-31 | 133891517 |
2009 : DISCOVER FINANCIAL SERVICES 401K PLAN 2009 401k financial data |
---|
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |