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THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 401k Plan overview

Plan NameTHE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN
Plan identification number 001

THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 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.
  • 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

THE AMERICAN CORNERSTONE HEALTH SERVICES INC. has sponsored the creation of one or more 401k plans.

Company Name:THE AMERICAN CORNERSTONE HEALTH SERVICES INC.
Employer identification number (EIN):833035211
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Additional information about THE AMERICAN CORNERSTONE HEALTH SERVICES INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2019-01-04
Company Identification Number: 0803201949
Legal Registered Office Address: 4422 RIVERSTONE BLVD

MISSOURI CITY
United States of America (USA)
77459

More information about THE AMERICAN CORNERSTONE HEALTH SERVICES INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-04-19

Plan Statistics for THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN

401k plan membership statisitcs for THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN

Measure Date Value
2023: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-011
Total number of active participants reported on line 7a of the Form 55002023-01-011
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-011
Number of participants with account balances2023-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011
Total number of active participants reported on line 7a of the Form 55002022-01-011
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-011
Number of participants with account balances2022-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011
Total number of active participants reported on line 7a of the Form 55002021-01-011
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-011
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-04-190
Total number of active participants reported on line 7a of the Form 55002019-04-191
Number of retired or separated participants receiving benefits2019-04-190
Number of other retired or separated participants entitled to future benefits2019-04-190
Total of all active and inactive participants2019-04-191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-04-190
Total participants2019-04-191
Number of participants with account balances2019-04-191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-04-190

Financial Data on THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN

Measure Date Value
2023 : THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$-912,498
Expenses. Total of all expenses incurred2023-12-31$0
Benefits paid (including direct rollovers)2023-12-31$0
Total plan assets at end of year2023-12-31$4,481,908
Total plan assets at beginning of year2023-12-31$5,394,406
Total contributions received or receivable from participants2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$-912,498
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$-912,498
Net plan assets at end of year (total assets less liabilities)2023-12-31$4,481,908
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$5,394,406
Assets. Value of employer securities2023-12-31$4,481,908
Total contributions received or receivable from employer(s)2023-12-31$0
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$0
2022 : THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2022 401k financial data
Total income from all sources2022-12-31$4,777,613
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$5,394,406
Total plan assets at beginning of year2022-12-31$616,793
Other income received2022-12-31$4,777,613
Net income (gross income less expenses)2022-12-31$4,777,613
Net plan assets at end of year (total assets less liabilities)2022-12-31$5,394,406
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$616,793
Assets. Value of employer securities2022-12-31$5,394,406
2021 : THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2021 401k financial data
Total income from all sources2021-12-31$503,386
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$616,793
Total plan assets at beginning of year2021-12-31$113,407
Other income received2021-12-31$503,386
Net income (gross income less expenses)2021-12-31$503,386
Net plan assets at end of year (total assets less liabilities)2021-12-31$616,793
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$113,407
Assets. Value of employer securities2021-12-31$616,793
2020 : THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$-861,514
Expenses. Total of all expenses incurred2020-12-31$0
Benefits paid (including direct rollovers)2020-12-31$0
Total plan assets at end of year2020-12-31$113,407
Total plan assets at beginning of year2020-12-31$974,921
Total contributions received or receivable from participants2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$-861,514
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$-861,514
Net plan assets at end of year (total assets less liabilities)2020-12-31$113,407
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$974,921
Assets. Value of employer securities2020-12-31$113,407
Total contributions received or receivable from employer(s)2020-12-31$0
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$0
2019 : THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$974,936
Expenses. Total of all expenses incurred2019-12-31$15
Benefits paid (including direct rollovers)2019-12-31$0
Total plan assets at end of year2019-12-31$974,921
Total plan assets at beginning of year2019-12-31$0
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$15
Contributions received from other sources (not participants or employers)2019-12-31$274,194
Other income received2019-12-31$700,742
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$974,921
Net plan assets at end of year (total assets less liabilities)2019-12-31$974,921
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$0
Assets. Value of employer securities2019-12-31$974,921
Total contributions received or receivable from employer(s)2019-12-31$0
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$0

Form 5500 Responses for THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN

2023: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE AMERICAN CORNERSTONE HEALTH SERVICES INC. 401(K) PLAN 2019 form 5500 responses
2019-04-19Type of plan entitySingle employer plan
2019-04-19First time form 5500 has been submittedYes
2019-04-19Submission has been amendedNo
2019-04-19This submission is the final filingNo
2019-04-19This return/report is a short plan year return/report (less than 12 months)Yes
2019-04-19Plan is a collectively bargained planNo
2019-04-19Plan funding arrangement – TrustYes
2019-04-19Plan benefit arrangement - TrustYes

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