401k Plan data: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN plan

STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 401k Plan overview

Plan Name	STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN
Plan identification number	002

STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

STRADA EDUCATION FOUNDATION, INC. has sponsored the creation of one or more 401k plans.

Company Name: STRADA EDUCATION FOUNDATION, INC.

Employer identification number (EIN): 473044430

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2019-01-01
002 2018-01-01
002 2017-01-01 KELLY R. WOLFE
002 2017-01-01 KELLY R. WOLFE

Plan Statistics for STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN

Measure Date Value
2019: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-23 6,532,251
Acturial value of plan assets 2019-12-23 6,830,849
Funding target for retired participants and beneficiaries receiving payment 2019-12-23 0
Number of terminated vested participants 2019-12-23 49
Fundng target for terminated vested participants 2019-12-23 2,321,286
Active participant vested funding target 2019-12-23 3,315,388
Number of active participants 2019-12-23 63
Total funding liabilities for active participants 2019-12-23 3,441,187
Total participant count 2019-12-23 112
Total funding target for all participants 2019-12-23 5,762,473
Balance at beginning of prior year after applicable adjustments 2019-12-23 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-23 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-23 0
Prefunding balanced used to offset prior years funding requirement 2019-12-23 0
Amount remaining of carryover balance 2019-12-23 0
Amount remaining of prefunding balance 2019-12-23 0
Present value of excess contributions 2019-12-23 492,588
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-23 519,631
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-23 0
Reductions in caryover balances due to elections or deemed elections 2019-12-23 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-23 0
Balance of carryovers at beginning of current year 2019-12-23 0
Balance of prefunding at beginning of current year 2019-12-23 0
Total employer contributions 2019-12-23 0
Total employee contributions 2019-12-23 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-23 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-23 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-23 0
Unpaid minimum required contributions for all prior years 2019-12-23 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-23 0
Remaining amount of unpaid minimum required contributions 2019-12-23 0
Minimum required contributions for current year target normal cost 2019-12-23 7,000
Net shortfall amortization installment of oustanding balance 2019-12-23 0
Waiver amortization installment 2019-12-23 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-23 0
Carryover balance elected to use to offset funding requirement 2019-12-23 0
Prefunding balance elected to use to offset funding requirement 2019-12-23 0
Additional cash requirement 2019-12-23 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-23 0
Unpaid minimum required contributions for current year 2019-12-23 0
Unpaid minimum required contributions for all years 2019-12-23 0
Total participants, beginning-of-year 2019-01-01 115
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 0
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 9,757,803
Acturial value of plan assets 2018-12-31 8,990,429
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 32
Fundng target for terminated vested participants 2018-12-31 2,042,832
Active participant vested funding target 2018-12-31 5,376,826
Number of active participants 2018-12-31 100
Total funding liabilities for active participants 2018-12-31 5,577,157
Total participant count 2018-12-31 132
Total funding target for all participants 2018-12-31 7,619,989
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 488,411
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 515,957
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 500,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 492,588
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 559,755
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 492,588
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
Total participants, beginning-of-year 2018-01-01 132
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 63
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 52
Total of all active and inactive participants 2018-01-01 115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 9,430,647
Acturial value of plan assets 2017-12-31 9,753,640
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 49
Fundng target for terminated vested participants 2017-12-31 2,319,083
Active participant vested funding target 2017-12-31 5,964,561
Number of active participants 2017-12-31 104
Total funding liabilities for active participants 2017-12-31 6,165,682
Total participant count 2017-12-31 153
Total funding target for all participants 2017-12-31 8,484,765
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 485,774
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 514,143
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 500,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 488,411
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 690,695
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 488,411
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
Total participants, beginning-of-year 2017-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 100
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 32
Total of all active and inactive participants 2017-01-01 132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 6

Measure	Date	Value
2019: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-23	6,532,251
Acturial value of plan assets	2019-12-23	6,830,849
Funding target for retired participants and beneficiaries receiving payment	2019-12-23	0
Number of terminated vested participants	2019-12-23	49
Fundng target for terminated vested participants	2019-12-23	2,321,286
Active participant vested funding target	2019-12-23	3,315,388
Number of active participants	2019-12-23	63
Total funding liabilities for active participants	2019-12-23	3,441,187
Total participant count	2019-12-23	112
Total funding target for all participants	2019-12-23	5,762,473
Balance at beginning of prior year after applicable adjustments	2019-12-23	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-23	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-23	0
Prefunding balanced used to offset prior years funding requirement	2019-12-23	0
Amount remaining of carryover balance	2019-12-23	0
Amount remaining of prefunding balance	2019-12-23	0
Present value of excess contributions	2019-12-23	492,588
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-23	519,631
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-23	0
Reductions in caryover balances due to elections or deemed elections	2019-12-23	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-23	0
Balance of carryovers at beginning of current year	2019-12-23	0
Balance of prefunding at beginning of current year	2019-12-23	0
Total employer contributions	2019-12-23	0
Total employee contributions	2019-12-23	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-23	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-23	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-23	0
Unpaid minimum required contributions for all prior years	2019-12-23	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-23	0
Remaining amount of unpaid minimum required contributions	2019-12-23	0
Minimum required contributions for current year target normal cost	2019-12-23	7,000
Net shortfall amortization installment of oustanding balance	2019-12-23	0
Waiver amortization installment	2019-12-23	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-23	0
Carryover balance elected to use to offset funding requirement	2019-12-23	0
Prefunding balance elected to use to offset funding requirement	2019-12-23	0
Additional cash requirement	2019-12-23	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-23	0
Unpaid minimum required contributions for current year	2019-12-23	0
Unpaid minimum required contributions for all years	2019-12-23	0
Total participants, beginning-of-year	2019-01-01	115
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	0
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	9,757,803
Acturial value of plan assets	2018-12-31	8,990,429
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	32
Fundng target for terminated vested participants	2018-12-31	2,042,832
Active participant vested funding target	2018-12-31	5,376,826
Number of active participants	2018-12-31	100
Total funding liabilities for active participants	2018-12-31	5,577,157
Total participant count	2018-12-31	132
Total funding target for all participants	2018-12-31	7,619,989
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	488,411
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	515,957
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	500,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	492,588
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	559,755
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	492,588
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
Total participants, beginning-of-year	2018-01-01	132
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	63
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	52
Total of all active and inactive participants	2018-01-01	115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	9,430,647
Acturial value of plan assets	2017-12-31	9,753,640
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	49
Fundng target for terminated vested participants	2017-12-31	2,319,083
Active participant vested funding target	2017-12-31	5,964,561
Number of active participants	2017-12-31	104
Total funding liabilities for active participants	2017-12-31	6,165,682
Total participant count	2017-12-31	153
Total funding target for all participants	2017-12-31	8,484,765
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	485,774
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	514,143
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	500,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	488,411
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	690,695
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	488,411
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
Total participants, beginning-of-year	2017-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	100
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	32
Total of all active and inactive participants	2017-01-01	132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	6

Financial Data on STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN

Measure	Date	Value
2019 : STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-23	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-23	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-23	$0
Total income from all sources (including contributions)	2019-12-23	$581,268
Total loss/gain on sale of assets	2019-12-23	$0
Total of all expenses incurred	2019-12-23	$7,113,519
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-23	$6,232,602
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-23	$0
Value of total assets at end of year	2019-12-23	$0
Value of total assets at beginning of year	2019-12-23	$6,532,251
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-23	$880,917
Total interest from all sources	2019-12-23	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-23	$70,108
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-23	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2019-12-23	$764,838
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-23	$70,108
Administrative expenses professional fees incurred	2019-12-23	$111,996
Was this plan covered by a fidelity bond	2019-12-23	Yes
Value of fidelity bond cover	2019-12-23	$2,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-23	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-23	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-23	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-23	$1,455
Administrative expenses (other) incurred	2019-12-23	$764,838
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-23	No
Value of net income/loss	2019-12-23	$-6,532,251
Value of net assets at end of year (total assets less liabilities)	2019-12-23	$0
Value of net assets at beginning of year (total assets less liabilities)	2019-12-23	$6,532,251
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-23	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-23	No
Were any leases to which the plan was party in default or uncollectible	2019-12-23	No
Investment advisory and management fees	2019-12-23	$4,083
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-23	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-23	$6,177,893
Value of interest in common/collective trusts at end of year	2019-12-23	$0
Value of interest in common/collective trusts at beginning of year	2019-12-23	$352,903
Expenses. Payments to insurance carriers foe the provision of benefits	2019-12-23	$688,657
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-23	$1,216
Net investment gain or loss from common/collective trusts	2019-12-23	$509,944
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-23	Yes
Was there a failure to transmit to the plan any participant contributions	2019-12-23	No
Has the plan failed to provide any benefit when due under the plan	2019-12-23	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-23	$5,543,945
Did the plan have assets held for investment	2019-12-23	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-23	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-23	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-23	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-23	Disclaimer
Accountancy firm name	2019-12-23	CLIFTONLARSENALLEN LLP
Accountancy firm EIN	2019-12-23	410746749
2018 : STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$-97,102
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$3,128,450
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$3,099,437
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$500,000
Value of total assets at end of year	2018-12-31	$6,532,251
Value of total assets at beginning of year	2018-12-31	$9,757,803
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$29,013
Total interest from all sources	2018-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$2,286
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$2,286
Administrative expenses professional fees incurred	2018-12-31	$6,754
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$2,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$1,455
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$478
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-3,225,552
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$6,532,251
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$9,757,803
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$22,259
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$6,177,893
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$9,757,325
Value of interest in common/collective trusts at end of year	2018-12-31	$352,903
Value of interest in common/collective trusts at beginning of year	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-608,180
Net investment gain or loss from common/collective trusts	2018-12-31	$8,792
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$3,099,437
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	CLIFTONLARSENALLEN LLP
Accountancy firm EIN	2018-12-31	410746749
2017 : STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$2,303,306
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$1,976,150
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,951,385
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$500,000
Value of total assets at end of year	2017-12-31	$9,757,803
Value of total assets at beginning of year	2017-12-31	$9,430,647
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$24,765
Total interest from all sources	2017-12-31	$1,695
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$10,032
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$10,032
Administrative expenses professional fees incurred	2017-12-31	$18,653
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$2,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$478
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$57
Other income not declared elsewhere	2017-12-31	$6,677
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$327,156
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$9,757,803
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$9,430,647
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$6,112
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$9,234,142
Value of interest in common/collective trusts at end of year	2017-12-31	$9,757,325
Value of interest in common/collective trusts at beginning of year	2017-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$196,448
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$196,448
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$1,695
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$996,048
Net investment gain or loss from common/collective trusts	2017-12-31	$788,854
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,951,385
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	CLIFTONLARSENALLEN LLP
Accountancy firm EIN	2017-12-31	410746749

Form 5500 Responses for STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN

2019: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	Yes
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: STRADA EDUCATION NETWORK, INC. CASH BALANCE PENSION PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	STRADA EDUCATION FOUNDATION, INC.
Employer identification number (EIN):	473044430
NAIC Classification:	611000