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DISCOVER FINANCIAL SERVICES 401K PLAN 401k Plan overview

Plan NameDISCOVER FINANCIAL SERVICES 401K PLAN
Plan identification number 003

DISCOVER FINANCIAL SERVICES 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

DISCOVER FINANCIAL SERVICES has sponsored the creation of one or more 401k plans.

Company Name:DISCOVER FINANCIAL SERVICES
Employer identification number (EIN):362517428
NAIC Classification:522210
NAIC Description:Credit Card Issuing

Additional information about DISCOVER FINANCIAL SERVICES

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 554914

More information about DISCOVER FINANCIAL SERVICES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DISCOVER FINANCIAL SERVICES 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01KAREN PEARSON2023-09-19
0032021-01-01KAREN PEARSON2022-10-06
0032020-01-01KAREN PEARSON2021-10-05
0032019-01-01KAREN PEARSON2020-10-13
0032018-01-01KAREN PEARSON2019-10-10
0032017-01-01
0032016-01-01
0032015-01-01ROBERT PURYEAR
0032014-01-01KAREN PEARSON
0032013-01-01DOUGLAS J SEIPEL
0032012-01-01DOUGLAS J SEIPEL DOUGLAS J SEIPEL2013-10-11
0032011-01-01DOUGLAS J SEIPEL DOUGLAS J SEIPEL2012-10-12
0032009-01-01DOUGLAS SEIPEL

Plan Statistics for DISCOVER FINANCIAL SERVICES 401K PLAN

401k plan membership statisitcs for DISCOVER FINANCIAL SERVICES 401K PLAN

Measure Date Value
2022: DISCOVER FINANCIAL SERVICES 401K PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0123,042
Total number of active participants reported on line 7a of the Form 55002022-01-0119,533
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-017,537
Total of all active and inactive participants2022-01-0127,070
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01139
Total participants2022-01-0127,209
Number of participants with account balances2022-01-0125,964
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-012,316
2021: DISCOVER FINANCIAL SERVICES 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0123,042
Total number of active participants reported on line 7a of the Form 55002021-01-0116,075
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-016,841
Total of all active and inactive participants2021-01-0122,916
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01125
Total participants2021-01-0123,041
Number of participants with account balances2021-01-0122,469
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012,137
2020: DISCOVER FINANCIAL SERVICES 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0123,221
Total number of active participants reported on line 7a of the Form 55002020-01-0117,060
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-015,875
Total of all active and inactive participants2020-01-0122,935
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01111
Total participants2020-01-0123,046
Number of participants with account balances2020-01-0122,481
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-012,163
2019: DISCOVER FINANCIAL SERVICES 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0122,184
Total number of active participants reported on line 7a of the Form 55002019-01-0116,787
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-016,355
Total of all active and inactive participants2019-01-0123,142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0193
Total participants2019-01-0123,235
Number of participants with account balances2019-01-0122,454
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012,246
2018: DISCOVER FINANCIAL SERVICES 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0131,279
Total number of active participants reported on line 7a of the Form 55002018-01-0125,655
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-015,897
Total of all active and inactive participants2018-01-0131,552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0195
Total participants2018-01-0131,647
Number of participants with account balances2018-01-0121,524
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012,079
2017: DISCOVER FINANCIAL SERVICES 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0129,436
Total number of active participants reported on line 7a of the Form 55002017-01-0125,107
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-016,088
Total of all active and inactive participants2017-01-0131,195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0199
Total participants2017-01-0131,294
Number of participants with account balances2017-01-0121,402
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012,304
2016: DISCOVER FINANCIAL SERVICES 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0128,027
Total number of active participants reported on line 7a of the Form 55002016-01-0123,424
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-015,908
Total of all active and inactive participants2016-01-0129,332
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0197
Total participants2016-01-0129,429
Number of participants with account balances2016-01-0120,352
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012,204
2015: DISCOVER FINANCIAL SERVICES 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0125,110
Total number of active participants reported on line 7a of the Form 55002015-01-0122,424
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-015,484
Total of all active and inactive participants2015-01-0127,908
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0189
Total participants2015-01-0127,997
Number of participants with account balances2015-01-0119,426
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012,194
2014: DISCOVER FINANCIAL SERVICES 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0122,491
Total number of active participants reported on line 7a of the Form 55002014-01-0120,013
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-015,001
Total of all active and inactive participants2014-01-0125,014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-0190
Total participants2014-01-0125,104
Number of participants with account balances2014-01-0118,375
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012,123
2013: DISCOVER FINANCIAL SERVICES 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0119,646
Total number of active participants reported on line 7a of the Form 55002013-01-0117,985
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014,413
Total of all active and inactive participants2013-01-0122,398
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-0185
Total participants2013-01-0122,483
Number of participants with account balances2013-01-0117,432
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011,863
2012: DISCOVER FINANCIAL SERVICES 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0117,029
Total number of active participants reported on line 7a of the Form 55002012-01-0115,649
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-014,045
Total of all active and inactive participants2012-01-0119,694
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-0173
Total participants2012-01-0119,767
Number of participants with account balances2012-01-0116,165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011,681
2011: DISCOVER FINANCIAL SERVICES 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0114,541
Total number of active participants reported on line 7a of the Form 55002011-01-0113,245
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013,709
Total of all active and inactive participants2011-01-0116,954
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-0161
Total participants2011-01-0117,015
Number of participants with account balances2011-01-0114,665
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011,245
2009: DISCOVER FINANCIAL SERVICES 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0110,642
Total number of active participants reported on line 7a of the Form 55002009-01-019,774
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013,013
Total of all active and inactive participants2009-01-0112,787
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-0124
Total participants2009-01-0112,811
Number of participants with account balances2009-01-0113,002
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01853

Financial Data on DISCOVER FINANCIAL SERVICES 401K PLAN

Measure Date Value
2022 : DISCOVER FINANCIAL SERVICES 401K PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$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 assets2022-12-31$0
Total of all expenses incurred2022-12-31$143,951,343
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$141,929,996
Expenses. Certain deemed distributions of participant loans2022-12-31$-58,725
Value of total corrective distributions2022-12-31$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 year2022-12-31$2,236,723,322
Value of total assets at beginning of year2022-12-31$2,556,550,325
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$2,074,233
Total interest from all sources2022-12-31$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 year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$6,018,679
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$50,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$110,163,931
Participant contributions at end of year2022-12-31$33,055,753
Participant contributions at beginning of year2022-12-31$32,794,586
Participant contributions at end of year2022-12-31$3,294,110
Participant contributions at beginning of year2022-12-31$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 year2022-12-31$750,955
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$148,016
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$5,700,393
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$5,025,591
Liabilities. Value of operating payables at end of year2022-12-31$507,617
Liabilities. Value of operating payables at beginning of year2022-12-31$563,226
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$4
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-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)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$2,074,233
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$108,553,207
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$116,133,105
Interest on participant loans2022-12-31$1,501,348
Value of interest in common/collective trusts at end of year2022-12-31$2,041,326,424
Value of interest in common/collective trusts at beginning of year2022-12-31$2,361,246,874
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-10,006,468
Net investment gain or loss from common/collective trusts2022-12-31$-401,568,195
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$107,201,155
Employer contributions (assets) at end of year2022-12-31$49,742,873
Employer contributions (assets) at beginning of year2022-12-31$43,363,945
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$141,929,996
Liabilities. Value of benefit claims payable at end of year2022-12-31$2,280,071
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$3,325,318
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CROWE LLP
Accountancy firm EIN2022-12-31350921680
2021 : DISCOVER FINANCIAL SERVICES 401K PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$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 assets2021-12-31$0
Total of all expenses incurred2021-12-31$220,214,113
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$217,903,801
Expenses. Certain deemed distributions of participant loans2021-12-31$7,932
Value of total corrective distributions2021-12-31$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 year2021-12-31$2,556,550,325
Value of total assets at beginning of year2021-12-31$2,240,042,691
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,290,843
Total interest from all sources2021-12-31$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 year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$5,020,041
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$50,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$103,885,047
Participant contributions at end of year2021-12-31$32,794,586
Participant contributions at beginning of year2021-12-31$33,265,235
Participant contributions at end of year2021-12-31$2,863,795
Participant contributions at beginning of year2021-12-31$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 year2021-12-31$148,016
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$546,119
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$5,025,591
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$3,441,852
Liabilities. Value of operating payables at end of year2021-12-31$563,226
Liabilities. Value of operating payables at beginning of year2021-12-31$642,555
Total non interest bearing cash at end of year2021-12-31$4
Total non interest bearing cash at beginning of year2021-12-31$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 appraiser2021-12-31No
Value of net income/loss2021-12-31$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)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$2,290,843
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$116,133,105
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$108,583,729
Interest on participant loans2021-12-31$1,650,175
Value of interest in common/collective trusts at end of year2021-12-31$2,361,246,874
Value of interest in common/collective trusts at beginning of year2021-12-31$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 trusts2021-12-31$307,321,852
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$95,570,617
Employer contributions (assets) at end of year2021-12-31$43,363,945
Employer contributions (assets) at beginning of year2021-12-31$46,891,397
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$217,903,801
Liabilities. Value of benefit claims payable at end of year2021-12-31$3,325,318
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$2,263,891
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CROWE LLP
Accountancy firm EIN2021-12-31350921680
2020 : DISCOVER FINANCIAL SERVICES 401K PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$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 assets2020-12-31$0
Total of all expenses incurred2020-12-31$143,292,041
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$141,498,602
Expenses. Certain deemed distributions of participant loans2020-12-31$118,836
Value of total corrective distributions2020-12-31$-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 year2020-12-31$2,240,042,691
Value of total assets at beginning of year2020-12-31$1,889,142,328
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,767,058
Total interest from all sources2020-12-31$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 year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$1,731,173
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$50,000,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$102,187,398
Participant contributions at end of year2020-12-31$33,265,235
Participant contributions at beginning of year2020-12-31$35,584,328
Participant contributions at end of year2020-12-31$2,740,052
Participant contributions at beginning of year2020-12-31$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 year2020-12-31$546,119
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$3,086,563
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$3,441,852
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$2,533,432
Liabilities. Value of operating payables at end of year2020-12-31$642,555
Liabilities. Value of operating payables at beginning of year2020-12-31$413,272
Total non interest bearing cash at end of year2020-12-31$457,669
Total non interest bearing cash at beginning of year2020-12-31$18
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$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)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$1,767,058
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$108,583,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$111,566,138
Interest on participant loans2020-12-31$1,906,301
Value of interest in common/collective trusts at end of year2020-12-31$2,047,558,490
Value of interest in common/collective trusts at beginning of year2020-12-31$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 trusts2020-12-31$276,127,652
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$98,312,244
Employer contributions (assets) at end of year2020-12-31$46,891,397
Employer contributions (assets) at beginning of year2020-12-31$38,645,978
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$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 2520.101-32020-12-31Yes
Liabilities. Value of benefit claims payable at end of year2020-12-31$2,263,891
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$1,501,528
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CROWE LLP
Accountancy firm EIN2020-12-31350921680
2019 : DISCOVER FINANCIAL SERVICES 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$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 assets2019-12-31$0
Total of all expenses incurred2019-12-31$128,010,453
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$126,413,122
Expenses. Certain deemed distributions of participant loans2019-12-31$-15,912
Value of total corrective distributions2019-12-31$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 year2019-12-31$1,889,142,328
Value of total assets at beginning of year2019-12-31$1,497,587,044
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,520,094
Total interest from all sources2019-12-31$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 year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$3,517,004
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$50,000,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$88,559,830
Participant contributions at end of year2019-12-31$35,584,328
Participant contributions at beginning of year2019-12-31$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 year2019-12-31$3,086,563
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$22,228
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$2,533,432
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Liabilities. Value of operating payables at end of year2019-12-31$413,272
Liabilities. Value of operating payables at beginning of year2019-12-31$321,320
Total non interest bearing cash at end of year2019-12-31$18
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$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)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$1,520,094
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$111,566,138
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$95,930,273
Interest on participant loans2019-12-31$1,854,692
Value of interest in common/collective trusts at end of year2019-12-31$1,700,259,303
Value of interest in common/collective trusts at beginning of year2019-12-31$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 trusts2019-12-31$310,387,712
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$86,604,750
Employer contributions (assets) at end of year2019-12-31$38,645,978
Employer contributions (assets) at beginning of year2019-12-31$36,291,402
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$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 2520.101-32019-12-31Yes
Liabilities. Value of benefit claims payable at end of year2019-12-31$1,501,528
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$628,447
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CROWE LLP
Accountancy firm EIN2019-12-31350921680
2018 : DISCOVER FINANCIAL SERVICES 401K PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$3,369,469
Total unrealized appreciation/depreciation of assets2018-12-31$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 assets2018-12-31$4,059,991
Total of all expenses incurred2018-12-31$95,562,483
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$94,131,553
Expenses. Certain deemed distributions of participant loans2018-12-31$113,006
Value of total corrective distributions2018-12-31$-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 year2018-12-31$1,497,587,044
Value of total assets at beginning of year2018-12-31$1,534,766,346
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,323,084
Total interest from all sources2018-12-31$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 year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$2,362,116
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$50,000,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$80,807,424
Participant contributions at end of year2018-12-31$34,050,526
Participant contributions at beginning of year2018-12-31$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 year2018-12-31$22,228
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$389,387
Liabilities. Value of operating payables at end of year2018-12-31$321,320
Liabilities. Value of operating payables at beginning of year2018-12-31$845,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-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)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$1,323,084
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$95,930,273
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$121,761,813
Interest on participant loans2018-12-31$1,566,134
Interest earned on other investments2018-12-31$24,013
Value of interest in common/collective trusts at end of year2018-12-31$1,331,292,615
Value of interest in common/collective trusts at beginning of year2018-12-31$1,189,079,941
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-20,901,228
Net investment gain or loss from common/collective trusts2018-12-31$-90,394,840
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$70,710,917
Employer contributions (assets) at end of year2018-12-31$36,291,402
Employer contributions (assets) at beginning of year2018-12-31$32,938,461
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$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 2520.101-32018-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$159,290,309
Liabilities. Value of benefit claims payable at end of year2018-12-31$628,447
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$1,087,168
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$13,280,429
Aggregate carrying amount (costs) on sale of assets2018-12-31$9,220,438
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CROWE LLP
Accountancy firm EIN2018-12-31350921680
2017 : DISCOVER FINANCIAL SERVICES 401K PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$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 assets2017-12-31$29,514,439
Total of all expenses incurred2017-12-31$74,404,483
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$73,255,752
Expenses. Certain deemed distributions of participant loans2017-12-31$22,624
Value of total corrective distributions2017-12-31$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 year2017-12-31$1,534,766,346
Value of total assets at beginning of year2017-12-31$1,248,151,272
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,119,527
Total interest from all sources2017-12-31$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 year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$2,309,323
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$50,000,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$71,200,884
Participant contributions at end of year2017-12-31$31,306,435
Participant contributions at beginning of year2017-12-31$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 year2017-12-31$389,387
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$380,019
Liabilities. Value of operating payables at end of year2017-12-31$845,000
Liabilities. Value of operating payables at beginning of year2017-12-31$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 appraiser2017-12-31No
Value of net income/loss2017-12-31$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)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$1,119,527
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$121,761,813
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$91,607,368
Interest on participant loans2017-12-31$1,281,411
Value of interest in common/collective trusts at end of year2017-12-31$1,189,079,941
Value of interest in common/collective trusts at beginning of year2017-12-31$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 trusts2017-12-31$167,247,554
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$0
Assets. Invements in employer securities at beginning of year2017-12-31$1,543,302
Contributions received in cash from employer2017-12-31$63,946,573
Employer contributions (assets) at end of year2017-12-31$32,938,461
Employer contributions (assets) at beginning of year2017-12-31$27,455,299
Income. Dividends from common stock2017-12-31$551
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$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 2520.101-32017-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$159,290,309
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$137,217,806
Liabilities. Value of benefit claims payable at end of year2017-12-31$1,087,168
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$1,585,072
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$29,514,439
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CROWE LLP
Accountancy firm EIN2017-12-31350921680
2016 : DISCOVER FINANCIAL SERVICES 401K PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$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 assets2016-12-31$34,561,973
Total of all expenses incurred2016-12-31$89,823,992
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$88,945,896
Expenses. Certain deemed distributions of participant loans2016-12-31$46,879
Value of total corrective distributions2016-12-31$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 year2016-12-31$1,248,151,272
Value of total assets at beginning of year2016-12-31$1,105,445,955
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$822,663
Total interest from all sources2016-12-31$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 year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$1,603,158
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$50,000,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$63,722,305
Participant contributions at end of year2016-12-31$27,831,947
Participant contributions at beginning of year2016-12-31$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 year2016-12-31$380,019
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$213,226
Liabilities. Value of operating payables at end of year2016-12-31$503,967
Liabilities. Value of operating payables at beginning of year2016-12-31$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 appraiser2016-12-31No
Value of net income/loss2016-12-31$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)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$822,663
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$91,607,368
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$80,313,545
Interest on participant loans2016-12-31$1,124,047
Value of interest in common/collective trusts at end of year2016-12-31$962,115,531
Value of interest in common/collective trusts at beginning of year2016-12-31$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 trusts2016-12-31$62,529,383
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$1,543,302
Assets. Invements in employer securities at beginning of year2016-12-31$108,462,000
Contributions received in cash from employer2016-12-31$57,441,354
Employer contributions (assets) at end of year2016-12-31$27,455,299
Employer contributions (assets) at beginning of year2016-12-31$26,698,736
Income. Dividends from common stock2016-12-31$2,039,927
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$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 2520.101-32016-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$137,217,806
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$141,586,786
Liabilities. Value of benefit claims payable at end of year2016-12-31$1,585,072
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$1,287,809
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$34,561,973
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CROWE HORWATH, LLP
Accountancy firm EIN2016-12-31350921680
2015 : DISCOVER FINANCIAL SERVICES 401K PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-26,458,711
Total unrealized appreciation/depreciation of assets2015-12-31$-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 assets2015-12-31$0
Total of all expenses incurred2015-12-31$74,962,135
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$74,324,897
Expenses. Certain deemed distributions of participant loans2015-12-31$3,205
Value of total corrective distributions2015-12-31$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 year2015-12-31$1,105,445,955
Value of total assets at beginning of year2015-12-31$1,095,266,199
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$633,615
Total interest from all sources2015-12-31$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 year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$1,690,036
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$50,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$61,755,393
Participant contributions at end of year2015-12-31$26,463,204
Participant contributions at beginning of year2015-12-31$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 year2015-12-31$213,226
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$406,822
Liabilities. Value of operating payables at end of year2015-12-31$747,423
Liabilities. Value of operating payables at beginning of year2015-12-31$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 appraiser2015-12-31No
Value of net income/loss2015-12-31$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)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$633,615
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$80,313,545
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$91,233,593
Interest on participant loans2015-12-31$1,086,983
Value of interest in common/collective trusts at end of year2015-12-31$721,708,458
Value of interest in common/collective trusts at beginning of year2015-12-31$648,856,550
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-10,250,841
Net investment gain or loss from common/collective trusts2015-12-31$-7,257,128
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$108,462,000
Assets. Invements in employer securities at beginning of year2015-12-31$151,917,873
Contributions received in cash from employer2015-12-31$55,777,785
Employer contributions (assets) at end of year2015-12-31$26,698,736
Employer contributions (assets) at beginning of year2015-12-31$23,972,881
Income. Dividends from common stock2015-12-31$2,463,406
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$74,324,897
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$141,586,786
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$152,762,576
Liabilities. Value of benefit claims payable at end of year2015-12-31$1,287,809
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$631,358
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31CROWE HORWATH, LLP
Accountancy firm EIN2015-12-31350921680
2014 : DISCOVER FINANCIAL SERVICES 401K PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$41,406,384
Total unrealized appreciation/depreciation of assets2014-12-31$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 assets2014-12-31$0
Total of all expenses incurred2014-12-31$63,757,348
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$63,217,869
Expenses. Certain deemed distributions of participant loans2014-12-31$45,061
Value of total corrective distributions2014-12-31$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 year2014-12-31$1,095,266,199
Value of total assets at beginning of year2014-12-31$961,766,810
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$488,504
Total interest from all sources2014-12-31$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 year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$2,063,347
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$50,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$55,697,325
Participant contributions at end of year2014-12-31$26,115,904
Participant contributions at beginning of year2014-12-31$24,590,639
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$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 year2014-12-31$406,822
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$287,543
Liabilities. Value of operating payables at end of year2014-12-31$504,174
Liabilities. Value of operating payables at beginning of year2014-12-31$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 appraiser2014-12-31No
Value of net income/loss2014-12-31$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)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$488,504
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$91,233,593
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$306,832,977
Interest on participant loans2014-12-31$1,066,508
Value of interest in common/collective trusts at end of year2014-12-31$648,856,550
Value of interest in common/collective trusts at beginning of year2014-12-31$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 trusts2014-12-31$21,058,481
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$151,917,873
Assets. Invements in employer securities at beginning of year2014-12-31$137,099,992
Contributions received in cash from employer2014-12-31$51,372,207
Employer contributions (assets) at end of year2014-12-31$23,972,881
Employer contributions (assets) at beginning of year2014-12-31$22,622,398
Income. Dividends from common stock2014-12-31$2,247,917
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$63,217,869
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$152,762,576
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$0
Liabilities. Value of benefit claims payable at end of year2014-12-31$631,358
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$428,755
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31CROWE HORWATH, LLP
Accountancy firm EIN2014-12-31350921680
2013 : DISCOVER FINANCIAL SERVICES 401K PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$44,773,558
Total unrealized appreciation/depreciation of assets2013-12-31$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 assets2013-12-31$0
Total of all expenses incurred2013-12-31$41,891,061
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$41,485,215
Expenses. Certain deemed distributions of participant loans2013-12-31$21,791
Value of total corrective distributions2013-12-31$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 year2013-12-31$961,766,810
Value of total assets at beginning of year2013-12-31$710,606,592
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$363,093
Total interest from all sources2013-12-31$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 year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$2,564,377
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$50,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$51,308,415
Participant contributions at end of year2013-12-31$24,590,639
Participant contributions at beginning of year2013-12-31$21,231,355
Participant contributions at end of year2013-12-31$613
Participant contributions at beginning of year2013-12-31$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 year2013-12-31$287,543
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$366,561
Liabilities. Value of operating payables at end of year2013-12-31$232,361
Liabilities. Value of operating payables at beginning of year2013-12-31$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 appraiser2013-12-31No
Value of net income/loss2013-12-31$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)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$363,093
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$306,832,977
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$225,853,534
Interest on participant loans2013-12-31$951,608
Value of interest in common/collective trusts at end of year2013-12-31$470,332,648
Value of interest in common/collective trusts at beginning of year2013-12-31$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 trusts2013-12-31$80,190,175
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$137,099,992
Assets. Invements in employer securities at beginning of year2013-12-31$102,372,224
Contributions received in cash from employer2013-12-31$47,685,256
Employer contributions (assets) at end of year2013-12-31$22,622,398
Employer contributions (assets) at beginning of year2013-12-31$12,050,618
Income. Dividends from common stock2013-12-31$1,898,743
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$41,485,215
Liabilities. Value of benefit claims payable at end of year2013-12-31$428,755
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31CROWE HORWATH, LLP
Accountancy firm EIN2013-12-31350921680
2012 : DISCOVER FINANCIAL SERVICES 401K PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$42,199,609
Total unrealized appreciation/depreciation of assets2012-12-31$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 assets2012-12-31$418
Total of all expenses incurred2012-12-31$39,279,332
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$39,096,862
Expenses. Certain deemed distributions of participant loans2012-12-31$-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 year2012-12-31$710,606,592
Value of total assets at beginning of year2012-12-31$544,107,670
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$189,788
Total interest from all sources2012-12-31$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 year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$2,492,171
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$50,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$44,017,198
Participant contributions at end of year2012-12-31$21,231,355
Participant contributions at beginning of year2012-12-31$18,153,187
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$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 year2012-12-31$366,561
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$668,359
Liabilities. Value of operating payables at end of year2012-12-31$157,335
Liabilities. Value of operating payables at beginning of year2012-12-31$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 appraiser2012-12-31No
Value of net income/loss2012-12-31$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)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$225,853,534
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$302,245,031
Interest on participant loans2012-12-31$859,330
Value of interest in common/collective trusts at end of year2012-12-31$348,732,300
Value of interest in common/collective trusts at beginning of year2012-12-31$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 trusts2012-12-31$36,957,300
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$102,372,224
Assets. Invements in employer securities at beginning of year2012-12-31$70,783,296
Contributions received in cash from employer2012-12-31$43,772,254
Employer contributions (assets) at end of year2012-12-31$12,050,618
Employer contributions (assets) at beginning of year2012-12-31$9,624,731
Income. Dividends from common stock2012-12-31$852,460
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$39,096,862
Contract administrator fees2012-12-31$189,788
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$418
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31CROWE HORWATH, LLP
Accountancy firm EIN2012-12-31350921680
2011 : DISCOVER FINANCIAL SERVICES 401K PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$7,802,678
Total unrealized appreciation/depreciation of assets2011-12-31$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 assets2011-12-31$10,667,804
Total of all expenses incurred2011-12-31$29,223,619
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$28,037,555
Expenses. Certain deemed distributions of participant loans2011-12-31$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 year2011-12-31$544,107,670
Value of total assets at beginning of year2011-12-31$489,355,803
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$62,857
Total interest from all sources2011-12-31$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 year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$3,725,578
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$50,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$37,199,018
Participant contributions at end of year2011-12-31$18,153,187
Participant contributions at beginning of year2011-12-31$15,332,365
Participant contributions at end of year2011-12-31$1,468,312
Participant contributions at beginning of year2011-12-31$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 year2011-12-31$668,359
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$300,299
Liabilities. Value of operating payables at end of year2011-12-31$333,030
Liabilities. Value of operating payables at beginning of year2011-12-31$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 appraiser2011-12-31No
Value of net income/loss2011-12-31$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)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$62,857
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$302,245,031
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$282,456,276
Interest on participant loans2011-12-31$713,619
Value of interest in common/collective trusts at end of year2011-12-31$141,164,754
Value of interest in common/collective trusts at beginning of year2011-12-31$120,160,681
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-16,335,702
Net investment gain or loss from common/collective trusts2011-12-31$-1,243,564
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$70,783,296
Assets. Invements in employer securities at beginning of year2011-12-31$62,800,357
Contributions received in cash from employer2011-12-31$37,866,626
Employer contributions (assets) at end of year2011-12-31$9,624,731
Employer contributions (assets) at beginning of year2011-12-31$8,296,751
Income. Dividends from common stock2011-12-31$636,719
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$28,037,555
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$20,512,385
Aggregate carrying amount (costs) on sale of assets2011-12-31$9,844,581
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2011-12-31133891517
2010 : DISCOVER FINANCIAL SERVICES 401K PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$8,954,281
Total unrealized appreciation/depreciation of assets2010-12-31$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 assets2010-12-31$4,346,873
Total of all expenses incurred2010-12-31$30,871,992
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$29,845,512
Expenses. Certain deemed distributions of participant loans2010-12-31$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 year2010-12-31$489,355,803
Value of total assets at beginning of year2010-12-31$393,627,005
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$13
Total interest from all sources2010-12-31$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 year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$2,713,067
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$50,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$30,397,622
Participant contributions at end of year2010-12-31$15,332,365
Participant contributions at beginning of year2010-12-31$12,359,966
Participant contributions at end of year2010-12-31$9,074
Participant contributions at beginning of year2010-12-31$960,669
Assets. Other investments not covered elsewhere at end of year2010-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$-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 year2010-12-31$300,299
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$168,859
Administrative expenses (other) incurred2010-12-31$13
Liabilities. Value of operating payables at end of year2010-12-31$120,369
Liabilities. Value of operating payables at beginning of year2010-12-31$2,075
Total non interest bearing cash at end of year2010-12-31$0
Total non interest bearing cash at beginning of year2010-12-31$32
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$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)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$282,456,276
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$240,249,924
Interest on participant loans2010-12-31$736,829
Value of interest in common/collective trusts at end of year2010-12-31$120,160,681
Value of interest in common/collective trusts at beginning of year2010-12-31$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 trusts2010-12-31$13,085,237
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$62,800,357
Assets. Invements in employer securities at beginning of year2010-12-31$54,299,817
Contributions received in cash from employer2010-12-31$31,463,330
Employer contributions (assets) at end of year2010-12-31$8,296,751
Employer contributions (assets) at beginning of year2010-12-31$8,103,244
Income. Dividends from common stock2010-12-31$289,561
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$29,845,512
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$13,536,107
Aggregate carrying amount (costs) on sale of assets2010-12-31$9,189,234
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2010-12-31133891517
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 securities2009-12-31$0

Form 5500 Responses for DISCOVER FINANCIAL SERVICES 401K PLAN

2022: DISCOVER FINANCIAL SERVICES 401K PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: DISCOVER FINANCIAL SERVICES 401K PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: DISCOVER FINANCIAL SERVICES 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: DISCOVER FINANCIAL SERVICES 401K PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: DISCOVER FINANCIAL SERVICES 401K PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: DISCOVER FINANCIAL SERVICES 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: DISCOVER FINANCIAL SERVICES 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: DISCOVER FINANCIAL SERVICES 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: DISCOVER FINANCIAL SERVICES 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: DISCOVER FINANCIAL SERVICES 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: DISCOVER FINANCIAL SERVICES 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: DISCOVER FINANCIAL SERVICES 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: DISCOVER FINANCIAL SERVICES 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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