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CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameCHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST 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.
  • 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.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

CHARTER SCHOOL CAPITAL INC has sponsored the creation of one or more 401k plans.

Company Name:CHARTER SCHOOL CAPITAL INC
Employer identification number (EIN):020794278
NAIC Classification:611000

Additional information about CHARTER SCHOOL CAPITAL INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 4226878

More information about CHARTER SCHOOL CAPITAL INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01BRAD COBURN2019-05-17
0012017-01-01BRAD COBURN2018-07-06
0012016-01-01BRAD COBURN2017-07-05
0012015-01-01BRAD COBURN2016-06-27
0012014-01-01BRAD COBURN2015-06-29
0012013-01-01BRAD COBURN2014-07-29
0012012-01-01CHARTER SCHOOL CAPITAL INC2013-07-24
0012011-01-01CHARTER SCHOOL CAPITAL INC
0012010-01-01BRAD COBURN2011-07-27 BRAD COBURN2011-07-22

Plan Statistics for CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2011: CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0113
Total number of active participants reported on line 7a of the Form 55002011-01-0118
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0118
Number of participants with account balances2011-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2011 : CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$-61,241
Expenses. Total of all expenses incurred2011-12-31$72
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$8,548
Total plan assets at beginning of year2011-12-31$69,861
Value of fidelity bond covering the plan2011-12-31$0
Total contributions received or receivable from participants2011-12-31$5,095
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-68,386
Net income (gross income less expenses)2011-12-31$-61,313
Net plan assets at end of year (total assets less liabilities)2011-12-31$8,548
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$69,861
Total contributions received or receivable from employer(s)2011-12-31$2,050
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$72

Form 5500 Responses for CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST

2011: CHARTER SCHOOL CAPITAL INC 401 K PROFIT SHARING PLAN TRUST 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

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