Plan Name | ZENITH EDUCATION GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | ZENITH EDUCATION GROUP, INC. |
Employer identification number (EIN): | 472237488 |
NAIC Classification: | 525990 |
NAIC Description: | Other Financial Vehicles |
Additional information about ZENITH EDUCATION GROUP, INC.
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 2014-12-02 |
Company Identification Number: | 0802110597 |
Legal Registered Office Address: |
111 WASHINGTON AVE S STE 1400 MINNEAPOLIS United States of America (USA) 55401 |
More information about ZENITH EDUCATION GROUP, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2016-01-01 | DAN FISHER | |||
001 | 2016-01-01 | ||||
001 | 2015-04-01 | KATHLEEN KING | KATHLEEN KING | 2016-10-13 |
Measure | Date | Value |
---|---|---|
2016: ZENITH EDUCATION GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2016 401k membership | ||
Total participants, beginning-of-year | 2016-01-01 | 3,386 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 3,506 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 37 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 730 |
Total of all active and inactive participants | 2016-01-01 | 4,273 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 2 |
Total participants | 2016-01-01 | 4,275 |
Number of participants with account balances | 2016-01-01 | 3,376 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 28 |
2015: ZENITH EDUCATION GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-04-01 | 3,179 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-04-01 | 2,528 |
Number of retired or separated participants receiving benefits | 2015-04-01 | 115 |
Number of other retired or separated participants entitled to future benefits | 2015-04-01 | 739 |
Total of all active and inactive participants | 2015-04-01 | 3,382 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-04-01 | 4 |
Total participants | 2015-04-01 | 3,386 |
Number of participants with account balances | 2015-04-01 | 3,134 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-04-01 | 0 |
Measure | Date | Value |
---|---|---|
2016 : ZENITH EDUCATION GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2016 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total transfer of assets to this plan | 2016-12-31 | $98,400,007 |
Total transfer of assets from this plan | 2016-12-31 | $6,443,395 |
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 | $11,704,170 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $13,597,548 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $13,509,246 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $5,100 |
Value of total corrective distributions | 2016-12-31 | $149 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $8,993,310 |
Value of total assets at end of year | 2016-12-31 | $135,079,724 |
Value of total assets at beginning of year | 2016-12-31 | $45,016,490 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $83,053 |
Total interest from all sources | 2016-12-31 | $49,881 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $1,072,606 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $1,072,606 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
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 | $5,021,459 |
Participant contributions at end of year | 2016-12-31 | $3,358,860 |
Participant contributions at beginning of year | 2016-12-31 | $1,607,658 |
Participant contributions at end of year | 2016-12-31 | $4,674,596 |
Participant contributions at beginning of year | 2016-12-31 | $2,762 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $490,286 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $9,377 |
Other income not declared elsewhere | 2016-12-31 | $4,396 |
Administrative expenses (other) incurred | 2016-12-31 | $83,053 |
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 | $-1,893,378 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $135,079,724 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $45,016,490 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $121,847,556 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $42,964,494 |
Interest on participant loans | 2016-12-31 | $49,881 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $5,063,162 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $430,199 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $1,535,533 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $48,444 |
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 | $3,481,565 |
Employer contributions (assets) at end of year | 2016-12-31 | $135,550 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $2,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $13,509,246 |
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 | BAKER TILLY VIRCHOW KRAUSE LL |
Accountancy firm EIN | 2016-12-31 | 390859910 |
2015 : ZENITH EDUCATION GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2015 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total transfer of assets to this plan | 2015-12-31 | $2,245,515 |
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 | $53,414,062 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $10,643,087 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $10,563,079 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $662 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $56,118,159 |
Value of total assets at end of year | 2015-12-31 | $45,016,490 |
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 | $79,346 |
Total interest from all sources | 2015-12-31 | $54,868 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $1,782,048 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,782,048 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $5,847,958 |
Participant contributions at end of year | 2015-12-31 | $1,607,658 |
Participant contributions at end of year | 2015-12-31 | $2,762 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $46,849,510 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $9,377 |
Other income not declared elsewhere | 2015-12-31 | $2,509 |
Administrative expenses (other) incurred | 2015-12-31 | $79,346 |
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 |
Income. Non cash contributions | 2015-12-31 | $9,377 |
Value of net income/loss | 2015-12-31 | $42,770,975 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $45,016,490 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $42,964,494 |
Interest on participant loans | 2015-12-31 | $54,868 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $430,199 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-4,555,179 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $11,657 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $3,411,314 |
Employer contributions (assets) at end of year | 2015-12-31 | $2,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $10,563,079 |
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 | BAKER TILLY VIRCHOW KRAUSE LL |
Accountancy firm EIN | 2015-12-31 | 390859910 |
2016: ZENITH EDUCATION GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2016 form 5500 responses | ||
---|---|---|
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | Submission has been amended | Yes |
2016-01-01 | This submission is the final filing | No |
2016-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2016-01-01 | Plan is a collectively bargained plan | No |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: ZENITH EDUCATION GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2015 form 5500 responses | ||
2015-04-01 | Type of plan entity | Single employer plan |
2015-04-01 | First time form 5500 has been submitted | Yes |
2015-04-01 | Submission has been amended | No |
2015-04-01 | This submission is the final filing | No |
2015-04-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
2015-04-01 | Plan is a collectively bargained plan | No |
2015-04-01 | Plan funding arrangement – Trust | Yes |
2015-04-01 | Plan benefit arrangement - Trust | Yes |