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GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameGLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST
Plan identification number 001

GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

GLOBAL HOME CARE, INC. has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL HOME CARE, INC.
Employer identification number (EIN):383157612
NAIC Classification:621610
NAIC Description:Home Health Care Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01BEN GARVIN2019-07-26
0012017-01-01BEN GARVIN2018-07-23
0012016-01-01BEN GARVIN2017-07-17
0012015-01-01BEN GARVIN2016-07-26
0012014-01-01ANICETA VISTA ANICETA VISTA2015-09-16
0012013-01-01ANICETA VISTA ANICETA VISTA2014-10-13
0012012-01-01ANICETA VISTA ANICETA VISTA2013-10-11
0012011-01-01ANICETA VISTA ANICETA VISTA2012-10-12
0012009-01-01ANICETA VISTA ANICETA VISTA2010-10-07
0012007-01-01KENNETH SLATE

Plan Statistics for GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST

Measure Date Value
2014: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0160
Total number of active participants reported on line 7a of the Form 55002014-01-0126
Number of retired or separated participants receiving benefits2014-01-0124
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0150
Number of participants with account balances2014-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0161
Total number of active participants reported on line 7a of the Form 55002013-01-0125
Number of retired or separated participants receiving benefits2013-01-0135
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0160
Number of participants with account balances2013-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-0166
Total number of active participants reported on line 7a of the Form 55002012-01-0132
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0129
Total of all active and inactive participants2012-01-0161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0161
Number of participants with account balances2012-01-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0180
Total number of active participants reported on line 7a of the Form 55002011-01-0136
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0130
Total of all active and inactive participants2011-01-0166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0166
Number of participants with account balances2011-01-0166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0182
Total number of active participants reported on line 7a of the Form 55002009-01-0156
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0119
Total of all active and inactive participants2009-01-0175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0175
Number of participants with account balances2009-01-0175
2007: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2007 401k membership
Total participants, beginning-of-year2007-01-0179
Total number of active participants reported on line 7a of the Form 55002007-01-0180
Number of retired or separated participants receiving benefits2007-01-010
Number of other retired or separated participants entitled to future benefits2007-01-0110
Total of all active and inactive participants2007-01-0190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2007-01-010
Total participants2007-01-0190
Number of participants with account balances2007-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2007-01-010

Financial Data on GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST

Measure Date Value
2014 : GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2014 401k financial data
Total income from all sources2014-12-31$132,471
Expenses. Total of all expenses incurred2014-12-31$129,541
Benefits paid (including direct rollovers)2014-12-31$116,529
Total plan assets at end of year2014-12-31$1,640,653
Total plan assets at beginning of year2014-12-31$1,637,723
Value of fidelity bond covering the plan2014-12-31$160,000
Total contributions received or receivable from participants2014-12-31$46,232
Expenses. Other expenses not covered elsewhere2014-12-31$1,815
Other income received2014-12-31$86,239
Net income (gross income less expenses)2014-12-31$2,930
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,640,653
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,637,723
Assets. Value of participant loans2014-12-31$38,023
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$11,197
2013 : GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2013 401k financial data
Total income from all sources2013-12-31$269,309
Expenses. Total of all expenses incurred2013-12-31$157,076
Benefits paid (including direct rollovers)2013-12-31$144,877
Total plan assets at end of year2013-12-31$1,637,723
Total plan assets at beginning of year2013-12-31$1,525,490
Value of fidelity bond covering the plan2013-12-31$160,000
Total contributions received or receivable from participants2013-12-31$25,019
Expenses. Other expenses not covered elsewhere2013-12-31$1,629
Other income received2013-12-31$244,290
Net income (gross income less expenses)2013-12-31$112,233
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,637,723
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,525,490
Assets. Value of participant loans2013-12-31$36,537
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$10,570
2012 : GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2012 401k financial data
Total income from all sources2012-12-31$249,217
Expenses. Total of all expenses incurred2012-12-31$516,979
Benefits paid (including direct rollovers)2012-12-31$402,033
Total plan assets at end of year2012-12-31$1,525,490
Total plan assets at beginning of year2012-12-31$1,793,252
Value of fidelity bond covering the plan2012-12-31$160,000
Total contributions received or receivable from participants2012-12-31$47,093
Expenses. Other expenses not covered elsewhere2012-12-31$1,691
Other income received2012-12-31$202,124
Net income (gross income less expenses)2012-12-31$-267,762
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,525,490
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,793,252
Assets. Value of participant loans2012-12-31$53,117
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-12-31$47,093
Value of certain deemed distributions of participant loans2012-12-31$102,046
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$11,209
2011 : GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$20,972
Expenses. Total of all expenses incurred2011-12-31$267,956
Benefits paid (including direct rollovers)2011-12-31$244,627
Total plan assets at end of year2011-12-31$1,793,252
Total plan assets at beginning of year2011-12-31$2,040,236
Value of fidelity bond covering the plan2011-12-31$160,000
Total contributions received or receivable from participants2011-12-31$57,126
Expenses. Other expenses not covered elsewhere2011-12-31$1,291
Other income received2011-12-31$-36,154
Net income (gross income less expenses)2011-12-31$-246,984
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,793,252
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,040,236
Assets. Value of participant loans2011-12-31$73,424
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$51,905
Value of corrective distributions2011-12-31$8,952
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$13,086
2010 : GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Total income from all sources2010-12-31$341,963
Expenses. Total of all expenses incurred2010-12-31$186,451
Benefits paid (including direct rollovers)2010-12-31$173,569
Total plan assets at end of year2010-12-31$2,040,236
Total plan assets at beginning of year2010-12-31$1,884,724
Value of fidelity bond covering the plan2010-12-31$160,000
Total contributions received or receivable from participants2010-12-31$94,544
Expenses. Other expenses not covered elsewhere2010-12-31$2,388
Contributions received from other sources (not participants or employers)2010-12-31$19,463
Other income received2010-12-31$227,956
Net income (gross income less expenses)2010-12-31$155,512
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,040,236
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,884,724
Assets. Value of participant loans2010-12-31$87,521
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$24,558
Value of corrective distributions2010-12-31$10,494

Form 5500 Responses for GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST

2014: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes
2007: GLOBAL HOME CARE, INC. PROFIT SHARING PLAN AND TRUST 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69980
Policy instance 1
Insurance contract or identification number69980
Number of Individuals Covered75
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $11,197
Total amount of fees paid to insurance companyUSD $1,815
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,197
Additional information about fees paid to insurance brokerBROKER COMISSIONS 3
Amount paid for insurance broker fees1815
Insurance broker nameMICHIGAN BENEFIT CONSULTING
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69980
Policy instance 1
Insurance contract or identification number69980
Number of Individuals Covered75
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $7,825
Total amount of fees paid to insurance companyUSD $1,629
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,825
Additional information about fees paid to insurance brokerBROKER COMISSIONS 3
Amount paid for insurance broker fees1629
Insurance broker nameMICHIGAN BENEFIT CONSULTING
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69980
Policy instance 1
Insurance contract or identification number69980
Number of Individuals Covered75
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $7,846
Total amount of fees paid to insurance companyUSD $1,691
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,846
Additional information about fees paid to insurance brokerBROKER COMISSIONS 3
Amount paid for insurance broker fees1691
Insurance broker nameMICHIGAN BENEFIT CONSULTING
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69980
Policy instance 1
Insurance contract or identification number69980
Number of Individuals Covered75
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $9,438
Total amount of fees paid to insurance companyUSD $1,291
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69980
Policy instance 1
Insurance contract or identification number69980
Number of Individuals Covered75
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of fees paid to insurance companyUSD $10,295
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees9104
Additional information about fees paid to insurance brokerBROKER COMISSIONS
Insurance broker organization code?3
Insurance broker nameMICHIGAN BENEFIT CONSULTING

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