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EMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

CORE SERVICES OF NORTHEAST TENNESSEE has sponsored the creation of one or more 401k plans.

Company Name:CORE SERVICES OF NORTHEAST TENNESSEE
Employer identification number (EIN):621663683
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ALYSSA SHOUN2024-10-07
0012022-01-01ALYSSA SHOUN2023-07-14
0012021-01-01ALYSSA SHOUN2022-08-23
0012020-01-01CYNTHIA FROSLEY2021-07-22 CYNTHIA FROSLEY2021-07-22
0012019-01-01HAMILTON HONEYCUTT2020-07-29
0012018-01-01KAREN LEFFEL2019-04-30

Financial Data on EMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-110
Total liabilities as of the end of the plan year2025-07-110
Total liabilities as of the beginning of the plan year2025-07-110
Total expenses incurred by plan in this plan year2025-07-1181404
Net assets as of the end of the plan year2025-07-11767019
Total assets as of the beginning of the plan year2025-07-11651669
Value of plan covered by a fidelity bond2025-07-11100000
Participant contributions to plan in this plan year2025-07-1199035
Value of participant loans at end of plan year2025-07-1120434
Other expenses paid from plan in this plan year2025-07-110
Other contributions to plan in this plan year2025-07-111284
Other income to plan in this plan year2025-07-1171749
Plan net income in this plan year2025-07-11115350
Net assets as of the end of the plan year2025-07-11767019
Net assets as of the beginning of the plan year2025-07-11651669
Employer contributions to plan in this plan year2025-07-1124686
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-11205
2024 : EMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0769775
Net assets as of the end of the plan year2024-10-07651669
Total assets as of the beginning of the plan year2024-10-07538833
Value of plan covered by a fidelity bond2024-10-07100000
Participant contributions to plan in this plan year2024-10-0779604
Value of participant loans at end of plan year2024-10-078297
Other expenses paid from plan in this plan year2024-10-070
Other contributions to plan in this plan year2024-10-070
Other income to plan in this plan year2024-10-0780410
Plan net income in this plan year2024-10-07112836
Net assets as of the end of the plan year2024-10-07651669
Net assets as of the beginning of the plan year2024-10-07538833
Employer contributions to plan in this plan year2024-10-0722597
Fees paid to broker by Benefit Provider2024-10-07117
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-07171
2022 : EMPLOYEE BENEFIT PLAN OF CORE SERVICES OF NORTHEAST TENNESSEE 2022 401k financial data
Total transfers to/from plan in this plan year2022-08-230
Total liabilities as of the end of the plan year2022-08-230
Total liabilities as of the beginning of the plan year2022-08-230
Total expenses incurred by plan in this plan year2022-08-2321019
Net assets as of the end of the plan year2022-08-23565515
Total assets as of the beginning of the plan year2022-08-23403588
Value of plan covered by a fidelity bond2022-08-23100000
Participant contributions to plan in this plan year2022-08-2386735
Value of participant loans at end of plan year2022-08-23587
Other expenses paid from plan in this plan year2022-08-23780
Other contributions to plan in this plan year2022-08-2310684
Other income to plan in this plan year2022-08-2362018
Plan net income in this plan year2022-08-23161927
Net assets as of the end of the plan year2022-08-23565515
Net assets as of the beginning of the plan year2022-08-23403588
Employer contributions to plan in this plan year2022-08-2323509
Fees paid to broker by Benefit Provider2022-08-23106

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