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ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 401k Plan overview

Plan NameELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST
Plan identification number 001

ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

ELDER LIFE MANAGEMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name:ELDER LIFE MANAGEMENT, INC.
Employer identification number (EIN):222854545
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01MAUREEN BORGES
0012015-01-01MAUREEN BORGES
0012014-01-01MAUREEN BORGES
0012013-01-01MAUREEN BORGES
0012012-01-01JUDITH PARNES
0012011-01-01JUDITH PARNES
0012010-01-01JUDITH PARNES
0012009-01-01JUDITH PARNES

Plan Statistics for ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST

401k plan membership statisitcs for ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST

Measure Date Value
2016: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0115
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0113
Total number of active participants reported on line 7a of the Form 55002015-01-0110
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-014
Total of all active and inactive participants2015-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-0115
Number of participants with account balances2015-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0114
Total number of active participants reported on line 7a of the Form 55002014-01-019
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-013
Total of all active and inactive participants2014-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-0113
Number of participants with account balances2014-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0113
Total number of active participants reported on line 7a of the Form 55002013-01-0112
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-0114
Number of participants with account balances2013-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-0113
Total number of active participants reported on line 7a of the Form 55002012-01-0111
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-011
Total of all active and inactive participants2012-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-0113
Number of participants with account balances2012-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0112
Total number of active participants reported on line 7a of the Form 55002011-01-0110
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-0113
Number of participants with account balances2011-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-0113
Total number of active participants reported on line 7a of the Form 55002010-01-017
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-0112
Number of participants with account balances2010-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0112
Total number of active participants reported on line 7a of the Form 55002009-01-0112
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0113
Number of participants with account balances2009-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST

Measure Date Value
2016 : ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2016 401k financial data
Transfers to/from the plan2016-07-14$-1,998,973
Total plan liabilities at end of year2016-07-14$0
Total plan liabilities at beginning of year2016-07-14$0
Total income from all sources2016-07-14$106,366
Expenses. Total of all expenses incurred2016-07-14$0
Benefits paid (including direct rollovers)2016-07-14$0
Total plan assets at end of year2016-07-14$0
Total plan assets at beginning of year2016-07-14$1,892,607
Value of fidelity bond covering the plan2016-07-14$200,000
Total contributions received or receivable from participants2016-07-14$0
Expenses. Other expenses not covered elsewhere2016-07-14$0
Contributions received from other sources (not participants or employers)2016-07-14$0
Other income received2016-07-14$87,413
Noncash contributions received2016-07-14$0
Net income (gross income less expenses)2016-07-14$106,366
Net plan assets at end of year (total assets less liabilities)2016-07-14$0
Net plan assets at beginning of year (total assets less liabilities)2016-07-14$1,892,607
Assets. Value of participant loans2016-07-14$0
Total contributions received or receivable from employer(s)2016-07-14$18,953
Value of certain deemed distributions of participant loans2016-07-14$0
Value of corrective distributions2016-07-14$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-07-14$0
2015 : ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$115,624
Expenses. Total of all expenses incurred2015-12-31$2,971
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$1,892,607
Total plan assets at beginning of year2015-12-31$1,779,954
Value of fidelity bond covering the plan2015-12-31$200,000
Total contributions received or receivable from participants2015-12-31$54,545
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-1,485
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$112,653
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,892,607
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,779,954
Assets. Value of participant loans2015-12-31$30,204
Total contributions received or receivable from employer(s)2015-12-31$62,564
Value of certain deemed distributions of participant loans2015-12-31$2,971
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$216,876
Expenses. Total of all expenses incurred2014-12-31$325
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$1,779,954
Total plan assets at beginning of year2014-12-31$1,563,403
Value of fidelity bond covering the plan2014-12-31$200,000
Total contributions received or receivable from participants2014-12-31$49,250
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$104,652
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$216,551
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,779,954
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,563,403
Assets. Value of participant loans2014-12-31$44,147
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$62,974
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$325
2013 : ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$292,307
Expenses. Total of all expenses incurred2013-12-31$160
Benefits paid (including direct rollovers)2013-12-31$60
Total plan assets at end of year2013-12-31$1,563,403
Total plan assets at beginning of year2013-12-31$1,271,256
Value of fidelity bond covering the plan2013-12-31$150,000
Total contributions received or receivable from participants2013-12-31$57,210
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$176,015
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$292,147
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,563,403
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,271,256
Assets. Value of participant loans2013-12-31$23,551
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022013-12-31$0
Total contributions received or receivable from employer(s)2013-12-31$59,082
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$100
2012 : ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$211,780
Expenses. Total of all expenses incurred2012-12-31$4,764
Benefits paid (including direct rollovers)2012-12-31$4,564
Total plan assets at end of year2012-12-31$1,271,256
Total plan assets at beginning of year2012-12-31$1,064,240
Value of fidelity bond covering the plan2012-12-31$60,000
Total contributions received or receivable from participants2012-12-31$47,260
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$110,339
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$207,016
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,271,256
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,064,240
Assets. Value of participant loans2012-12-31$29,225
Total contributions received or receivable from employer(s)2012-12-31$54,181
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$200
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND 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$108,328
Expenses. Total of all expenses incurred2011-12-31$55,889
Benefits paid (including direct rollovers)2011-12-31$55,689
Total plan assets at end of year2011-12-31$1,064,240
Total plan assets at beginning of year2011-12-31$1,011,801
Value of fidelity bond covering the plan2011-12-31$60,000
Total contributions received or receivable from participants2011-12-31$57,392
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$3,838
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$52,439
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,064,240
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,011,801
Assets. Value of participant loans2011-12-31$41,567
Total contributions received or receivable from employer(s)2011-12-31$47,098
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$200
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$181,079
Expenses. Total of all expenses incurred2010-12-31$325
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$1,011,801
Total plan assets at beginning of year2010-12-31$831,047
Value of fidelity bond covering the plan2010-12-31$60,000
Total contributions received or receivable from participants2010-12-31$45,592
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$83,824
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$180,754
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,011,801
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$831,047
Assets. Value of participant loans2010-12-31$42,432
Total contributions received or receivable from employer(s)2010-12-31$51,663
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$325

Form 5500 Responses for ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST

2016: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 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 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
2010: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: ELDER LIFE MANAGEMENT, INC. PROFIT SHARING/401(K) PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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