401k Plan data: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST plan

CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name	CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number	001

CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan Type

Defined 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.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CORNERSTONE TELEPHONE COMPANY has sponsored the creation of one or more 401k plans.

Company Name: CORNERSTONE TELEPHONE COMPANY

Employer identification number (EIN): 141833861

NAIC Classification: 517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01 RICHARD DRAKE 2018-07-09
001 2017-01-01 RICHARD DRAKE 2018-05-22
001 2016-01-01 RICHARD DRAKE 2017-09-20 CORNERSTONE TELEPHONE COMPANY 2017-09-20
001 2015-01-01 RICHARD DRAKE 2016-10-14
001 2014-01-01 RICHARD DRAKE
001 2013-01-01 RICHARD DRAKE
001 2012-01-01 RICHARD DRAKE
001 2011-01-01 MICHELLE KOMISKY
001 2010-01-01 MICHELLE MCDONALD 2011-10-13
001 2009-01-01 MICHELLE KOMISKY

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01	RICHARD DRAKE	2018-07-09
001	2017-01-01	RICHARD DRAKE	2018-05-22
001	2016-01-01	RICHARD DRAKE	2017-09-20	CORNERSTONE TELEPHONE COMPANY	2017-09-20
001	2015-01-01	RICHARD DRAKE	2016-10-14
001	2014-01-01	RICHARD DRAKE
001	2013-01-01	RICHARD DRAKE
001	2012-01-01	RICHARD DRAKE
001	2011-01-01	MICHELLE KOMISKY
001	2010-01-01	MICHELLE MCDONALD	2011-10-13
001	2009-01-01	MICHELLE KOMISKY

Plan Statistics for CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2014: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 115
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 50
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 27
Total of all active and inactive participants 2014-01-01 77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 77
Number of participants with account balances 2014-01-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 4
2013: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 95
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 20
Total of all active and inactive participants 2013-01-01 115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 115
Number of participants with account balances 2013-01-01 99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 95
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 25
Total of all active and inactive participants 2012-01-01 120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 120
Number of participants with account balances 2012-01-01 116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 4
2011: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 103
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 102
Number of other retired or separated participants entitled to future benefits 2011-01-01 27
Total of all active and inactive participants 2011-01-01 129
Total participants 2011-01-01 129
Number of participants with account balances 2011-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 21
2009: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 84
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 15
Total of all active and inactive participants 2009-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 99
Number of participants with account balances 2009-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 3

Measure	Date	Value
2014: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	115
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	50
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	27
Total of all active and inactive participants	2014-01-01	77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	77
Number of participants with account balances	2014-01-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	4
2013: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	95
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	20
Total of all active and inactive participants	2013-01-01	115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	115
Number of participants with account balances	2013-01-01	99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	95
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	25
Total of all active and inactive participants	2012-01-01	120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	120
Number of participants with account balances	2012-01-01	116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	4
2011: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	103
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	102
Number of other retired or separated participants entitled to future benefits	2011-01-01	27
Total of all active and inactive participants	2011-01-01	129
Total participants	2011-01-01	129
Number of participants with account balances	2011-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	21
2009: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	84
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	15
Total of all active and inactive participants	2009-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	99
Number of participants with account balances	2009-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	3

Financial Data on CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST

Measure	Date	Value
2014 : CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$325,066
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$362,613
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$324,437
Value of total corrective distributions	2014-12-31	$835
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$144,385
Value of total assets at end of year	2014-12-31	$2,441,847
Value of total assets at beginning of year	2014-12-31	$2,479,394
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$37,341
Total interest from all sources	2014-12-31	$3,836
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$67,909
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$67,909
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$247,939
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$143,796
Participant contributions at end of year	2014-12-31	$65,531
Participant contributions at beginning of year	2014-12-31	$69,057
Participant contributions at end of year	2014-12-31	$17,262
Participant contributions at beginning of year	2014-12-31	$6,059
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$589
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$-37,547
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$2,441,847
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$2,479,394
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$25,346
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$2,161,720
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$2,193,065
Interest on participant loans	2014-12-31	$3,836
Value of interest in common/collective trusts at end of year	2014-12-31	$197,019
Value of interest in common/collective trusts at beginning of year	2014-12-31	$211,206
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$315
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$7
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$7
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$100,229
Net investment gain or loss from common/collective trusts	2014-12-31	$8,707
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$324,437
Contract administrator fees	2014-12-31	$11,995
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	TEAL, BECKER & CHIARAMONTE CPAS PC
Accountancy firm EIN	2014-12-31	141624930
2013 : CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$2,035
Total income from all sources (including contributions)	2013-12-31	$557,940
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$586,552
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$521,952
Expenses. Certain deemed distributions of participant loans	2013-12-31	$13,049
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$187,430
Value of total assets at end of year	2013-12-31	$2,479,394
Value of total assets at beginning of year	2013-12-31	$2,510,041
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$51,551
Total interest from all sources	2013-12-31	$3,632
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$63,225
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$63,225
Administrative expenses professional fees incurred	2013-12-31	$8,800
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$250,800
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$187,430
Participant contributions at end of year	2013-12-31	$69,057
Participant contributions at beginning of year	2013-12-31	$84,529
Participant contributions at end of year	2013-12-31	$6,059
Participant contributions at beginning of year	2013-12-31	$21,748
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$2,035
Other income not declared elsewhere	2013-12-31	$3,392
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$-28,612
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$2,479,394
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$2,508,006
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$24,658
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$2,193,065
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$811,775
Interest on participant loans	2013-12-31	$3,632
Value of interest in common/collective trusts at end of year	2013-12-31	$211,206
Value of interest in common/collective trusts at beginning of year	2013-12-31	$1,580,794
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$7
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$11,195
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$11,195
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$257,901
Net investment gain or loss from common/collective trusts	2013-12-31	$42,360
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$521,952
Contract administrator fees	2013-12-31	$18,093
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	TEAL, BECKER & CHIARAMONTE CPAS PC
Accountancy firm EIN	2013-12-31	141624930
2012 : CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total transfer of assets to this plan	2012-12-31	$651,733
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$2,035
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$602,925
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$301,763
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$235,521
Expenses. Certain deemed distributions of participant loans	2012-12-31	$18,070
Value of total corrective distributions	2012-12-31	$8,006
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$342,743
Value of total assets at end of year	2012-12-31	$2,510,041
Value of total assets at beginning of year	2012-12-31	$1,555,111
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$40,166
Total interest from all sources	2012-12-31	$5,069
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$26,286
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$26,286
Administrative expenses professional fees incurred	2012-12-31	$18,138
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$147,000
If this is an individual account plan, was there a blackout period	2012-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$335,070
Participant contributions at end of year	2012-12-31	$84,529
Participant contributions at beginning of year	2012-12-31	$76,219
Participant contributions at end of year	2012-12-31	$21,748
Participant contributions at beginning of year	2012-12-31	$14,695
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$7,673
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2012-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$2,035
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$0
Other income not declared elsewhere	2012-12-31	$1,419
Liabilities. Value of operating payables at end of year	2012-12-31	$0
Liabilities. Value of operating payables at beginning of year	2012-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Income. Non cash contributions	2012-12-31	$0
Value of net income/loss	2012-12-31	$301,162
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$2,508,006
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$1,555,111
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$22,028
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$811,775
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$621,146
Interest on participant loans	2012-12-31	$5,069
Value of interest in common/collective trusts at end of year	2012-12-31	$1,580,794
Value of interest in common/collective trusts at beginning of year	2012-12-31	$822,671
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$11,195
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$18,054
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$18,054
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$227,408
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$0
Employer contributions (assets) at end of year	2012-12-31	$0
Employer contributions (assets) at beginning of year	2012-12-31	$2,326
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$235,521
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-12-31	Yes
Liabilities. Value of benefit claims payable at end of year	2012-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2012-12-31	$0
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	TEAL, BECKER & CHIARAMONTE CPAS PC
Accountancy firm EIN	2012-12-31	141624930
2011 : CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2011 401k financial data
Total transfer of assets to this plan	2011-12-31	$344,388
Total income from all sources (including contributions)	2011-12-31	$619,612
Total of all expenses incurred	2011-12-31	$181,766
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$157,439
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$716,074
Value of total assets at end of year	2011-12-31	$1,555,111
Value of total assets at beginning of year	2011-12-31	$772,877
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$24,327
Total interest from all sources	2011-12-31	$1,679
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$25,015
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$25,015
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$355,776
Participant contributions at end of year	2011-12-31	$76,219
Participant contributions at beginning of year	2011-12-31	$24,849
Participant contributions at end of year	2011-12-31	$14,695
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$269,467
Other income not declared elsewhere	2011-12-31	$684
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$437,846
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$1,555,111
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$772,877
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$9,629
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$621,146
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$748,028
Interest on participant loans	2011-12-31	$1,679
Value of interest in common/collective trusts at end of year	2011-12-31	$822,671
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$18,054
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-75,466
Net investment gain or loss from common/collective trusts	2011-12-31	$-48,374
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$90,831
Employer contributions (assets) at end of year	2011-12-31	$2,326
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$157,439
Contract administrator fees	2011-12-31	$14,698
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	Yes
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	TEAL, BECKER & CHIARAMONTE CPAS PC
Accountancy firm EIN	2011-12-31	141624930
2009 : CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST

2014: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CORNERSTONE TELEPHONE COMPANY
Employer identification number (EIN):	141833861
NAIC Classification:	517000