Corinthian Colleges, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2015. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Corinthian Colleges, Inc. 401(k) Plan Facts (plan year 2015)

Plan name
CORINTHIAN COLLEGES, INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CORINTHIAN COLLEGES, INC.
Participants
10,611
Former employees with a balance
30
Plan assets
$202,510 at Dec 31, 2015
Average account balance
$8,100 across 25 accounts
Employer contributions
$23,208 in plan year 2015 (1% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Jul 1, 1995
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2015 (Jan 1, 2015 – Dec 31, 2015), filed Jul 12, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $3.24 million went into the plan in contributions, $23,208 of it from the employer (1%).
  • $136.5 million was paid out to participants.
  • Investment and other income added $5.28 million.
  • Administrative expenses were $323,498, about $12,940 per account.

How the Corinthian Colleges, Inc. 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20107,684$106.7 million$8.84 million$9.05 million
201110,690$118.2 million$10.1 million$18.5 million
201215,767$152.3 million$10.7 million$19.2 million
201315,611$192.7 million$10.5 million$25.1 million
201414,706$176.5 million$4.28 million$50.6 million
201510,611$202,510$23,208$136.5 million

Corinthian Colleges, Inc. 401(k) Contact Information

Phone
714-427-3000
Mailing address
C/O VERDOLINO LOWEY, P.C. 124 WASHINGTON ST, SUITE 101, FOXBOROUGH MA 02035
Plan sponsor
CORINTHIAN COLLEGES, INC.
Employer identification number (EIN)
33-0717312
Plan number
001

Questions about the Corinthian Colleges, Inc. 401(k)

Is the Corinthian Colleges, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2015, and no later filing was found under this employer's EIN.

Does Corinthian Colleges, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $23,208, 1% of all contributions.

Does the Corinthian Colleges, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Corinthian Colleges, Inc 401(k) plan?

10,611 participants at the start of plan year 2015, and 30 former employees who still had money in the plan.

What is the average 401(k) balance at Corinthian Colleges, Inc?

About $8,100 per account: $202,510 in plan assets across 25 accounts with a balance at the end of plan year 2015.

Who manages the Corinthian Colleges, Inc 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

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