?>
Logo

CORNELL LAUNDRY 401(K) 401k Plan overview

Plan NameCORNELL LAUNDRY 401(K)
Plan identification number 001

CORNELL LAUNDRY 401(K) Benefits

401k Plan TypeDefined 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.
  • 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.

401k Sponsoring company profile

CORNELL LAUNDRY & CLEANING CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:CORNELL LAUNDRY & CLEANING CENTER, INC.
Employer identification number (EIN):150625488
NAIC Classification:812330
NAIC Description: Linen and Uniform Supply

Additional information about CORNELL LAUNDRY & CLEANING CENTER, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1962-04-16
Company Identification Number: 146903
Legal Registered Office Address: 527 W. STATE STREET
TOMPKINS
ITHACA
United States of America (USA)
14850

More information about CORNELL LAUNDRY & CLEANING CENTER, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CORNELL LAUNDRY 401(K)

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01NANCY MORSE2015-06-23
0012013-01-01NANCY MORSE2014-06-02
0012012-01-01NANCY MORSE2013-09-11
0012011-01-01NANCY MORSE
0012009-01-01SYLVIA CACCIOTTI

Plan Statistics for CORNELL LAUNDRY 401(K)

401k plan membership statisitcs for CORNELL LAUNDRY 401(K)

Measure Date Value
2011: CORNELL LAUNDRY 401(K) 2011 401k membership
Total participants, beginning-of-year2011-01-0112
Total number of active participants reported on line 7a of the Form 55002011-01-0112
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0113
Number of participants with account balances2011-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: CORNELL LAUNDRY 401(K) 2009 401k membership
Total participants, beginning-of-year2009-01-0114
Total number of active participants reported on line 7a of the Form 55002009-01-0113
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0114
Number of participants with account balances2009-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on CORNELL LAUNDRY 401(K)

Measure Date Value
2011 : CORNELL LAUNDRY 401(K) 2011 401k financial data
Total income from all sources2011-12-31$26,294
Expenses. Total of all expenses incurred2011-12-31$80,339
Benefits paid (including direct rollovers)2011-12-31$80,189
Total plan assets at end of year2011-12-31$534,372
Total plan assets at beginning of year2011-12-31$588,417
Total contributions received or receivable from participants2011-12-31$39,897
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-26,103
Net income (gross income less expenses)2011-12-31$-54,045
Net plan assets at end of year (total assets less liabilities)2011-12-31$534,372
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$588,417
Assets. Value of participant loans2011-12-31$3,026
Total contributions received or receivable from employer(s)2011-12-31$12,500
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$150
2010 : CORNELL LAUNDRY 401(K) 2010 401k financial data
Total income from all sources2010-12-31$125,102
Expenses. Total of all expenses incurred2010-12-31$106,298
Benefits paid (including direct rollovers)2010-12-31$104,746
Total plan assets at end of year2010-12-31$588,417
Total plan assets at beginning of year2010-12-31$569,613
Total contributions received or receivable from participants2010-12-31$43,366
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$69,083
Net income (gross income less expenses)2010-12-31$18,804
Net plan assets at end of year (total assets less liabilities)2010-12-31$588,417
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$569,613
Assets. Value of participant loans2010-12-31$5,517
Total contributions received or receivable from employer(s)2010-12-31$12,653
Value of certain deemed distributions of participant loans2010-12-31$1,302
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$250

Form 5500 Responses for CORNELL LAUNDRY 401(K)

2011: CORNELL LAUNDRY 401(K) 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: CORNELL LAUNDRY 401(K) 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number922833
Policy instance 1
Insurance contract or identification number922833
Number of Individuals Covered13
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $1,688
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number922833
Policy instance 1
Insurance contract or identification number922833
Number of Individuals Covered12
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $1,708
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,708
Insurance broker organization code?4
Insurance broker nameMORGAN STANLEY SMITH BARNEY LLC

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3