CORNERSTONE TELEPHONE COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan 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 |
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2014 : CORNERSTONE TELEPHONE COMPANY 401(K) PROFIT SHARING PLAN & TRUST 2014 401k financial data |
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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 |
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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 |
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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 |
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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 |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |