THE FREEDOM ACADEMY FOUNDATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BENEFITGUARD RETIREMENT INCOME SECURITY PLAN-THE FREEDOM ACADEMY FOUNDATION
401k plan membership statisitcs for BENEFITGUARD RETIREMENT INCOME SECURITY PLAN-THE FREEDOM ACADEMY FOUNDATION
| Measure | Date | Value |
|---|
| 2019 : BENEFITGUARD RETIREMENT INCOME SECURITY PLAN-THE FREEDOM ACADEMY FOUNDATION 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $49 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $1,211,458 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $153,133 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $112,139 |
| Value of total corrective distributions | 2019-12-31 | $3,094 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $663,037 |
| Value of total assets at end of year | 2019-12-31 | $3,643,839 |
| Value of total assets at beginning of year | 2019-12-31 | $2,585,465 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $37,900 |
| Total interest from all sources | 2019-12-31 | $2,959 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $204,781 |
| Participant contributions at end of year | 2019-12-31 | $71,374 |
| Participant contributions at beginning of year | 2019-12-31 | $59,533 |
| Total non interest bearing cash at end of year | 2019-12-31 | $49 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $3,350 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,058,325 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,643,839 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $2,585,465 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $11,433 |
| Interest on participant loans | 2019-12-31 | $2,959 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2019-12-31 | $3,572,416 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2019-12-31 | $2,522,582 |
| Net gain/loss from 103.12 investment entities | 2019-12-31 | $545,462 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $458,256 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $112,139 |
| Contract administrator fees | 2019-12-31 | $26,467 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | BAS PARTNERS |
| Accountancy firm EIN | 2019-12-31 | 208779390 |
| 2018 : BENEFITGUARD RETIREMENT INCOME SECURITY PLAN-THE FREEDOM ACADEMY FOUNDATION 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 | $435,285 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $190,355 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $152,768 |
| Value of total corrective distributions | 2018-12-31 | $2,714 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $606,258 |
| Value of total assets at end of year | 2018-12-31 | $2,585,465 |
| Value of total assets at beginning of year | 2018-12-31 | $2,340,535 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $34,873 |
| Total interest from all sources | 2018-12-31 | $3,371 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $189,449 |
| Participant contributions at end of year | 2018-12-31 | $59,533 |
| Participant contributions at beginning of year | 2018-12-31 | $46,414 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $16,089 |
| Total non interest bearing cash at end of year | 2018-12-31 | $3,350 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $244,930 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $2,585,465 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $2,340,535 |
| 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 | $9,927 |
| Interest on participant loans | 2018-12-31 | $3,371 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2018-12-31 | $2,522,582 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2018-12-31 | $2,294,121 |
| Net gain/loss from 103.12 investment entities | 2018-12-31 | $-174,344 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
| 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 | $400,720 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $152,768 |
| Contract administrator fees | 2018-12-31 | $24,946 |
| 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 | BAS PARTNERS |
| Accountancy firm EIN | 2018-12-31 | 208779390 |
| 2017 : BENEFITGUARD RETIREMENT INCOME SECURITY PLAN-THE FREEDOM ACADEMY FOUNDATION 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 | $825,781 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $179,495 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $148,644 |
| Value of total corrective distributions | 2017-12-31 | $823 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $539,487 |
| Value of total assets at end of year | 2017-12-31 | $2,340,535 |
| Value of total assets at beginning of year | 2017-12-31 | $1,694,249 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $30,028 |
| Total interest from all sources | 2017-12-31 | $2,298 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $133,520 |
| Participant contributions at end of year | 2017-12-31 | $46,414 |
| Participant contributions at beginning of year | 2017-12-31 | $53,147 |
| 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 | $646,286 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $2,340,535 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,694,249 |
| 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 | $10,410 |
| Interest on participant loans | 2017-12-31 | $2,298 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2017-12-31 | $2,294,121 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2017-12-31 | $1,641,102 |
| Net gain/loss from 103.12 investment entities | 2017-12-31 | $283,996 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
| 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 | $405,967 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $148,644 |
| Contract administrator fees | 2017-12-31 | $19,618 |
| 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 | BAS PARTNERS |
| Accountancy firm EIN | 2017-12-31 | 208779390 |
| 2016 : BENEFITGUARD RETIREMENT INCOME SECURITY PLAN-THE FREEDOM ACADEMY FOUNDATION 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total transfer of assets to this plan | 2016-12-31 | $89,584 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $487,104 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $136,949 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $113,587 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $378,183 |
| Value of total assets at end of year | 2016-12-31 | $1,694,249 |
| Value of total assets at beginning of year | 2016-12-31 | $1,254,510 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $23,362 |
| Total interest from all sources | 2016-12-31 | $3,546 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $123,602 |
| Participant contributions at end of year | 2016-12-31 | $53,147 |
| Participant contributions at beginning of year | 2016-12-31 | $74,631 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $122,724 |
| Total non interest bearing cash at end of year | 2016-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $31,127 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $350,155 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,694,249 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $1,254,510 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $6,427 |
| Interest on participant loans | 2016-12-31 | $3,546 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2016-12-31 | $1,641,102 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2016-12-31 | $1,148,752 |
| Net gain/loss from 103.12 investment entities | 2016-12-31 | $105,375 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $131,857 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $113,587 |
| Contract administrator fees | 2016-12-31 | $16,935 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | BAS PARTNERS |
| Accountancy firm EIN | 2016-12-31 | 208779390 |
| 2015 : BENEFITGUARD RETIREMENT INCOME SECURITY PLAN-THE FREEDOM ACADEMY FOUNDATION 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total transfer of assets to this plan | 2015-12-31 | $1,221,487 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $36,814 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $3,791 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $2,433 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $41,271 |
| Value of total assets at end of year | 2015-12-31 | $1,254,510 |
| Value of total assets at beginning of year | 2015-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,358 |
| Total interest from all sources | 2015-12-31 | $983 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $41,271 |
| Participant contributions at end of year | 2015-12-31 | $74,631 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Total non interest bearing cash at end of year | 2015-12-31 | $31,127 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $33,023 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $1,254,510 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $16 |
| Interest on participant loans | 2015-12-31 | $983 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2015-12-31 | $1,148,752 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2015-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2015-12-31 | $-5,440 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $2,433 |
| Contract administrator fees | 2015-12-31 | $1,342 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | Yes |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | BAS PARTNERS |
| Accountancy firm EIN | 2015-12-31 | 208779390 |
