401k Plan data: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN plan

SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 401k Plan overview

Plan Name	SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN
Plan identification number	002

SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 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.
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

SOMERSET COMMUNITY ACTION PROG has sponsored the creation of one or more 401k plans.

Company Name: SOMERSET COMMUNITY ACTION PROG

Employer identification number (EIN): 226075617

NAIC Classification: 624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2013-01-01 JYOTSANA DANI JYOTSANA DANI 2013-10-14
002 2012-01-01 JYOTSANA DANI JYOTSANA DANI 2013-04-01
002 2011-01-01 JYOTSANA DANI JYOTSANA DANI 2012-02-06
002 2010-01-01 JYOTSANA DANI JYOTSANA DANI 2011-05-10
002 2009-01-01 JYOTSANA DANI JYOTSANA DANI 2010-09-29
002 2009-01-01 JYOTSANA DANI JYOTSANA DANI 2010-09-28

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2013-01-01	JYOTSANA DANI	JYOTSANA DANI	2013-10-14
002	2012-01-01	JYOTSANA DANI	JYOTSANA DANI	2013-04-01
002	2011-01-01	JYOTSANA DANI	JYOTSANA DANI	2012-02-06
002	2010-01-01	JYOTSANA DANI	JYOTSANA DANI	2011-05-10
002	2009-01-01	JYOTSANA DANI	JYOTSANA DANI	2010-09-29
002	2009-01-01	JYOTSANA DANI	JYOTSANA DANI	2010-09-28

Plan Statistics for SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN

401k plan membership statisitcs for SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN

Measure Date Value
2013: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 0
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 0
Total of all active and inactive participants 2013-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 0
Number of participants with account balances 2013-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 67
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 58
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 1
Total of all active and inactive participants 2012-01-01 59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 59
Number of participants with account balances 2012-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 66
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 59
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 59
Number of participants with account balances 2011-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 5
2010: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 64
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 53
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 53
Number of participants with account balances 2010-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 1
2009: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 60
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 53
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 2
Total of all active and inactive participants 2009-01-01 55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 55
Number of participants with account balances 2009-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2013: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	0
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	0
Total of all active and inactive participants	2013-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	0
Number of participants with account balances	2013-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	67
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	58
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	1
Total of all active and inactive participants	2012-01-01	59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	59
Number of participants with account balances	2012-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	66
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	59
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	59
Number of participants with account balances	2011-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	5
2010: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	64
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	53
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	53
Number of participants with account balances	2010-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	1
2009: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	60
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	53
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	2
Total of all active and inactive participants	2009-01-01	55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	55
Number of participants with account balances	2009-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN

Measure	Date	Value
2013 : SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-03-22	$0
Total plan liabilities at end of year	2013-03-22	$0
Total plan liabilities at beginning of year	2013-03-22	$0
Total income from all sources	2013-03-22	$11,075
Expenses. Total of all expenses incurred	2013-03-22	$169,331
Benefits paid (including direct rollovers)	2013-03-22	$169,331
Total plan assets at end of year	2013-03-22	$0
Total plan assets at beginning of year	2013-03-22	$158,256
Value of fidelity bond covering the plan	2013-03-22	$35,000
Total contributions received or receivable from participants	2013-03-22	$0
Expenses. Other expenses not covered elsewhere	2013-03-22	$0
Contributions received from other sources (not participants or employers)	2013-03-22	$0
Other income received	2013-03-22	$11,075
Noncash contributions received	2013-03-22	$0
Net income (gross income less expenses)	2013-03-22	$-158,256
Net plan assets at end of year (total assets less liabilities)	2013-03-22	$0
Net plan assets at beginning of year (total assets less liabilities)	2013-03-22	$158,256
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2013-03-22	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2013-03-22	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2013-03-22	$0
Total contributions received or receivable from employer(s)	2013-03-22	$0
Value of certain deemed distributions of participant loans	2013-03-22	$0
Value of corrective distributions	2013-03-22	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-03-22	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-03-22	$0
2012 : SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$30,625
Expenses. Total of all expenses incurred	2012-12-31	$0
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$158,256
Total plan assets at beginning of year	2012-12-31	$127,631
Value of fidelity bond covering the plan	2012-12-31	$35,000
Total contributions received or receivable from participants	2012-12-31	$0
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$9,532
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$30,625
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$158,256
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$127,631
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2012-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2012-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2012-12-31	$0
Total contributions received or receivable from employer(s)	2012-12-31	$21,093
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
2011 : SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$17,000
Expenses. Total of all expenses incurred	2011-12-31	$0
Benefits paid (including direct rollovers)	2011-12-31	$0
Total plan assets at end of year	2011-12-31	$127,631
Total plan assets at beginning of year	2011-12-31	$110,631
Value of fidelity bond covering the plan	2011-12-31	$35,000
Total contributions received or receivable from participants	2011-12-31	$0
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$828
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$17,000
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$127,631
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$110,631
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2011-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2011-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2011-12-31	$0
Total contributions received or receivable from employer(s)	2011-12-31	$16,172
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0
2010 : SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$24,896
Expenses. Total of all expenses incurred	2010-12-31	$33,415
Benefits paid (including direct rollovers)	2010-12-31	$33,415
Total plan assets at end of year	2010-12-31	$110,631
Total plan assets at beginning of year	2010-12-31	$119,150
Value of fidelity bond covering the plan	2010-12-31	$15,000
Total contributions received or receivable from participants	2010-12-31	$0
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$8,970
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$-8,519
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$110,631
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$119,150
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2010-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2010-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2010-12-31	$0
Total contributions received or receivable from employer(s)	2010-12-31	$15,926
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 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 SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN

2013: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	This submission is the final filing	Yes
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
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 – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SOMERSET COMMUNITY ACTION PROGRAM PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
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 – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SOMERSET COMMUNITY ACTION PROG
Employer identification number (EIN):	226075617
NAIC Classification:	624100
NAIC Description:	Individual and Family Services