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COLOR CORRECTION PEOPLE, INC. PENSION PLAN 401k Plan overview

Plan NameCOLOR CORRECTION PEOPLE, INC. PENSION PLAN
Plan identification number 001

COLOR CORRECTION PEOPLE, INC. PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.

401k Sponsoring company profile

COLOR CORRECTION PEOPLE, INC. has sponsored the creation of one or more 401k plans.

Company Name:COLOR CORRECTION PEOPLE, INC.
Employer identification number (EIN):133581856
NAIC Classification:541800

Additional information about COLOR CORRECTION PEOPLE, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1990-06-19
Company Identification Number: 1452550
Legal Registered Office Address: 115 EAST 23RD STREET
NEW YORK
NEW YORK
United States of America (USA)
10010-4508

More information about COLOR CORRECTION PEOPLE, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COLOR CORRECTION PEOPLE, INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-07-01VINCENT LEE
0012013-07-01VINCENT LEE
0012012-07-01VINCENT LEE
0012011-07-01VINCENT LEE
0012009-07-01VINCENT LEE
0012009-07-01VINCENT LEE

Plan Statistics for COLOR CORRECTION PEOPLE, INC. PENSION PLAN

401k plan membership statisitcs for COLOR CORRECTION PEOPLE, INC. PENSION PLAN

Measure Date Value
2014: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-016
Total number of active participants reported on line 7a of the Form 55002014-07-010
Number of retired or separated participants receiving benefits2014-07-010
Number of other retired or separated participants entitled to future benefits2014-07-010
Total of all active and inactive participants2014-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-010
Total participants2014-07-010
Number of participants with account balances2014-07-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-010
2013: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-019
Total number of active participants reported on line 7a of the Form 55002013-07-016
Number of retired or separated participants receiving benefits2013-07-010
Number of other retired or separated participants entitled to future benefits2013-07-010
Total of all active and inactive participants2013-07-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-07-010
Total participants2013-07-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-010
2012: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-019
Total number of active participants reported on line 7a of the Form 55002012-07-016
Number of retired or separated participants receiving benefits2012-07-010
Number of other retired or separated participants entitled to future benefits2012-07-013
Total of all active and inactive participants2012-07-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-010
Total participants2012-07-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-07-010
2011: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-07-019
Total number of active participants reported on line 7a of the Form 55002011-07-016
Number of retired or separated participants receiving benefits2011-07-010
Number of other retired or separated participants entitled to future benefits2011-07-013
Total of all active and inactive participants2011-07-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-010
Total participants2011-07-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-07-010
2009: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-07-019
Total number of active participants reported on line 7a of the Form 55002009-07-016
Number of retired or separated participants receiving benefits2009-07-010
Number of other retired or separated participants entitled to future benefits2009-07-013
Total of all active and inactive participants2009-07-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-010
Total participants2009-07-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-010

Financial Data on COLOR CORRECTION PEOPLE, INC. PENSION PLAN

Measure Date Value
2015 : COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2015 401k financial data
Total plan liabilities at end of year2015-06-30$0
Total plan liabilities at beginning of year2015-06-30$0
Total income from all sources2015-06-30$0
Expenses. Total of all expenses incurred2015-06-30$111,596
Benefits paid (including direct rollovers)2015-06-30$111,596
Total plan assets at end of year2015-06-30$0
Total plan assets at beginning of year2015-06-30$111,596
Net income (gross income less expenses)2015-06-30$-111,596
Net plan assets at end of year (total assets less liabilities)2015-06-30$0
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$111,596
Total contributions received or receivable from employer(s)2015-06-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-06-30$0
Funding deficiency by the employer to the plan for this plan year2015-06-30$0
Minimum employer required contribution for this plan year2015-06-30$0
Amount contributed by the employer to the plan for this plan year2015-06-30$0
2014 : COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2014 401k financial data
Total income from all sources2014-06-30$15,602
Expenses. Total of all expenses incurred2014-06-30$55,626
Benefits paid (including direct rollovers)2014-06-30$55,626
Total plan assets at end of year2014-06-30$111,596
Total plan assets at beginning of year2014-06-30$151,620
Other income received2014-06-30$15,602
Net income (gross income less expenses)2014-06-30$-40,024
Net plan assets at end of year (total assets less liabilities)2014-06-30$111,596
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$151,620
Total contributions received or receivable from employer(s)2014-06-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-06-30$0
2013 : COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2013 401k financial data
Total income from all sources2013-06-30$61,940
Expenses. Total of all expenses incurred2013-06-30$2,809
Benefits paid (including direct rollovers)2013-06-30$2,809
Total plan assets at end of year2013-06-30$151,620
Total plan assets at beginning of year2013-06-30$92,489
Value of fidelity bond covering the plan2013-06-30$20,000
Other income received2013-06-30$61,940
Net income (gross income less expenses)2013-06-30$59,131
Net plan assets at end of year (total assets less liabilities)2013-06-30$151,620
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$92,489
Total contributions received or receivable from employer(s)2013-06-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-06-30$0
Funding deficiency by the employer to the plan for this plan year2013-06-30$0
Minimum employer required contribution for this plan year2013-06-30$0
Amount contributed by the employer to the plan for this plan year2013-06-30$0
2012 : COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2012 401k financial data
Total income from all sources2012-06-30$-44,780
Expenses. Total of all expenses incurred2012-06-30$0
Total plan assets at end of year2012-06-30$92,489
Total plan assets at beginning of year2012-06-30$137,269
Value of fidelity bond covering the plan2012-06-30$20,000
Other income received2012-06-30$-44,780
Net income (gross income less expenses)2012-06-30$-44,780
Net plan assets at end of year (total assets less liabilities)2012-06-30$92,489
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$137,269
Total contributions received or receivable from employer(s)2012-06-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-06-30$0
Funding deficiency by the employer to the plan for this plan year2012-06-30$0
Minimum employer required contribution for this plan year2012-06-30$0
Amount contributed by the employer to the plan for this plan year2012-06-30$0
2011 : COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2011 401k financial data
Total income from all sources2011-06-30$21,642
Expenses. Total of all expenses incurred2011-06-30$0
Total plan assets at end of year2011-06-30$137,269
Total plan assets at beginning of year2011-06-30$115,627
Value of fidelity bond covering the plan2011-06-30$20,000
Other income received2011-06-30$21,642
Net income (gross income less expenses)2011-06-30$21,642
Net plan assets at end of year (total assets less liabilities)2011-06-30$137,269
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$115,627
Total contributions received or receivable from employer(s)2011-06-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0
Funding deficiency by the employer to the plan for this plan year2011-06-30$0
Minimum employer required contribution for this plan year2011-06-30$0
Amount contributed by the employer to the plan for this plan year2011-06-30$0
2010 : COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-06-30$0

Form 5500 Responses for COLOR CORRECTION PEOPLE, INC. PENSION PLAN

2014: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Submission has been amendedNo
2014-07-01This submission is the final filingYes
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planNo
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement - TrustYes
2013: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Submission has been amendedYes
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement - TrustYes
2012: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2011: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement - TrustYes
2009: COLOR CORRECTION PEOPLE, INC. PENSION PLAN 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planNo
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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