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CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameCORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST
Plan identification number 001

CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST 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.
  • 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.
  • 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

CORNERSTONERESIDENTIALHOMES has sponsored the creation of one or more 401k plans.

Company Name:CORNERSTONERESIDENTIALHOMES
Employer identification number (EIN):770532362
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01PABLO VELEZ2011-06-24
0012010-01-01PABLO VELEZ2011-06-24
0012008-01-01PABLO VELEZ

Plan Statistics for CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST

Measure Date Value
2008: CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST 2008 401k membership
Total participants, beginning-of-year2008-01-013
Total number of active participants reported on line 7a of the Form 55002008-01-013
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-010
Total of all active and inactive participants2008-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-013
Number of participants with account balances2008-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-010
Number of employers contributing to the scheme2008-01-010

Financial Data on CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST

Measure Date Value
2008 : CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST 2008 401k financial data
Total plan liabilities at end of year2008-12-31$0
Total plan liabilities at beginning of year2008-12-31$0
Total income from all sources2008-12-31$382
Expenses. Total of all expenses incurred2008-12-31$0
Benefits paid (including direct rollovers)2008-12-31$0
Total plan assets at end of year2008-12-31$15,813
Total plan assets at beginning of year2008-12-31$15,431
Value of fidelity bond covering the plan2008-12-31$20,000
Total contributions received or receivable from participants2008-12-31$0
Expenses. Other expenses not covered elsewhere2008-12-31$0
Contributions received from other sources (not participants or employers)2008-12-31$0
Other income received2008-12-31$382
Noncash contributions received2008-12-31$0
Net income (gross income less expenses)2008-12-31$382
Net plan assets at end of year (total assets less liabilities)2008-12-31$15,813
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$15,431
Total contributions received or receivable from employer(s)2008-12-31$0
Value of certain deemed distributions of participant loans2008-12-31$0
Value of corrective distributions2008-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2008-12-31$0
2007 : CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST 2007 401k financial data
Transfers to/from the plan2007-12-31$0
Total plan liabilities at end of year2007-12-31$0
Total plan liabilities at beginning of year2007-12-31$0
Total income from all sources2007-12-31$4,912
Expenses. Total of all expenses incurred2007-12-31$25,330
Benefits paid (including direct rollovers)2007-12-31$25,290
Total plan assets at end of year2007-12-31$15,431
Total plan assets at beginning of year2007-12-31$35,850
Value of fidelity bond covering the plan2007-12-31$20,000
Total contributions received or receivable from participants2007-12-31$1,269
Expenses. Other expenses not covered elsewhere2007-12-31$40
Contributions received from other sources (not participants or employers)2007-12-31$0
Other income received2007-12-31$2,976
Net income (gross income less expenses)2007-12-31$-20,418
Net plan assets at end of year (total assets less liabilities)2007-12-31$15,431
Net plan assets at beginning of year (total assets less liabilities)2007-12-31$35,850
Total contributions received or receivable from employer(s)2007-12-31$667
Value of certain deemed distributions of participant loans2007-12-31$0
Value of corrective distributions2007-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2007-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2007-12-31$0
Funding deficiency by the employer to the plan for this plan year2007-12-31$0
Minimum employer required contribution for this plan year2007-12-31$0
Amount contributed by the employer to the plan for this plan year2007-12-31$0

Form 5500 Responses for CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST

2008: CORNERSTONE RESIDENTIAL HOMES 401K PROFIT SHARING PLAN AND TRUST 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes

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