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CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN 401k Plan overview

Plan NameCORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN
Plan identification number 001

CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

CORNERSTONE WEALTH ADVISORS INC has sponsored the creation of one or more 401k plans.

Company Name:CORNERSTONE WEALTH ADVISORS INC
Employer identification number (EIN):421574360
NAIC Classification:523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01JONATHAN T. GUYTON
0012009-01-01JONATHAN T. GUYTON JONATHAN T. GUYTON2010-08-06
0012009-01-01JONATHAN T. GUYTON JONATHAN T. GUYTON2010-07-23

Plan Statistics for CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN

401k plan membership statisitcs for CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN

Measure Date Value
2011: CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total number of active participants reported on line 7a of the Form 55002011-01-010
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 participants2011-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-010
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-013
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-013
Number of participants with account balances2009-01-013

Financial Data on CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN

Measure Date Value
2011 : CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$-486,227
Total income from all sources2011-12-31$0
Total plan assets at end of year2011-12-31$0
Total plan assets at beginning of year2011-12-31$486,227
Net plan assets at end of year (total assets less liabilities)2011-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$486,227
2010 : CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$130,244
Total plan assets at end of year2010-12-31$486,227
Total plan assets at beginning of year2010-12-31$355,983
Other income received2010-12-31$67,098
Net income (gross income less expenses)2010-12-31$130,244
Net plan assets at end of year (total assets less liabilities)2010-12-31$486,227
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$355,983
Total contributions received or receivable from employer(s)2010-12-31$63,146

Form 5500 Responses for CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN

2011: CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: CORNERSTONE WEALTH ADVISORS INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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