BOARD OF TRUSTEES, CHARTERSHIELD SCHOOL BENEFITS TRUST has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CHARTERSHIELD SCHOOL BENEFITS TRUST
| Measure | Date | Value |
|---|
| 2019 : CHARTERSHIELD SCHOOL BENEFITS TRUST 2019 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $764,520 |
| Total income from all sources (including contributions) | 2019-06-30 | $8,688,086 |
| Total of all expenses incurred | 2019-06-30 | $8,695,600 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-06-30 | $8,104,280 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-06-30 | $8,680,871 |
| Value of total assets at end of year | 2019-06-30 | $0 |
| Value of total assets at beginning of year | 2019-06-30 | $772,034 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-06-30 | $591,320 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-06-30 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-06-30 | $0 |
| Administrative expenses professional fees incurred | 2019-06-30 | $40,972 |
| Was this plan covered by a fidelity bond | 2019-06-30 | Yes |
| Value of fidelity bond cover | 2019-06-30 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-06-30 | No |
| Contributions received from participants | 2019-06-30 | $53,498 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-06-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-06-30 | $28,068 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-06-30 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-06-30 | $40,000 |
| Other income not declared elsewhere | 2019-06-30 | $7,215 |
| Administrative expenses (other) incurred | 2019-06-30 | $426,099 |
| Liabilities. Value of operating payables at end of year | 2019-06-30 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-06-30 | $724,520 |
| Total non interest bearing cash at end of year | 2019-06-30 | $0 |
| Total non interest bearing cash at beginning of year | 2019-06-30 | $709,205 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-06-30 | No |
| Value of net income/loss | 2019-06-30 | $-7,514 |
| Value of net assets at end of year (total assets less liabilities) | 2019-06-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-06-30 | $7,514 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-06-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-06-30 | $8,104,280 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-06-30 | No |
| Contributions received in cash from employer | 2019-06-30 | $8,627,373 |
| Employer contributions (assets) at end of year | 2019-06-30 | $0 |
| Employer contributions (assets) at beginning of year | 2019-06-30 | $34,761 |
| Contract administrator fees | 2019-06-30 | $124,249 |
| Did the plan have assets held for investment | 2019-06-30 | No |
| 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 | 2019-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-06-30 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-06-30 | Unqualified |
| Accountancy firm name | 2019-06-30 | MILLER KAPLAN ARASE LLP |
| Accountancy firm EIN | 2019-06-30 | 952036255 |
| 2018 : CHARTERSHIELD SCHOOL BENEFITS TRUST 2018 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $764,520 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $520,856 |
| Total income from all sources (including contributions) | 2018-06-30 | $9,251,467 |
| Total of all expenses incurred | 2018-06-30 | $9,213,739 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-06-30 | $8,590,926 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-06-30 | $9,251,467 |
| Value of total assets at end of year | 2018-06-30 | $772,034 |
| Value of total assets at beginning of year | 2018-06-30 | $490,642 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-06-30 | $622,813 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-06-30 | No |
| Administrative expenses professional fees incurred | 2018-06-30 | $29,477 |
| Was this plan covered by a fidelity bond | 2018-06-30 | Yes |
| Value of fidelity bond cover | 2018-06-30 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-06-30 | No |
| Contributions received from participants | 2018-06-30 | $27,490 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-06-30 | $28,068 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-06-30 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-06-30 | $40,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-06-30 | $40,000 |
| Administrative expenses (other) incurred | 2018-06-30 | $460,088 |
| Liabilities. Value of operating payables at end of year | 2018-06-30 | $724,520 |
| Liabilities. Value of operating payables at beginning of year | 2018-06-30 | $480,856 |
| Total non interest bearing cash at end of year | 2018-06-30 | $709,205 |
| Total non interest bearing cash at beginning of year | 2018-06-30 | $376,506 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-06-30 | No |
| Value of net income/loss | 2018-06-30 | $37,728 |
| Value of net assets at end of year (total assets less liabilities) | 2018-06-30 | $7,514 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-06-30 | $-30,214 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-06-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-06-30 | $8,590,926 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-06-30 | No |
| Contributions received in cash from employer | 2018-06-30 | $9,223,977 |
| Employer contributions (assets) at end of year | 2018-06-30 | $34,761 |
| Employer contributions (assets) at beginning of year | 2018-06-30 | $114,136 |
| Contract administrator fees | 2018-06-30 | $133,248 |
| Did the plan have assets held for investment | 2018-06-30 | No |
| 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 | 2018-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-06-30 | Unqualified |
| Accountancy firm name | 2018-06-30 | MILLER KAPLAN ARASE LLP |
| Accountancy firm EIN | 2018-06-30 | 952036255 |
| 2017 : CHARTERSHIELD SCHOOL BENEFITS TRUST 2017 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-06-30 | $520,856 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-06-30 | $397,846 |
| Total income from all sources (including contributions) | 2017-06-30 | $5,019,033 |
| Total of all expenses incurred | 2017-06-30 | $4,985,280 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-06-30 | $4,656,169 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-06-30 | $5,019,033 |
| Value of total assets at end of year | 2017-06-30 | $490,642 |
| Value of total assets at beginning of year | 2017-06-30 | $333,879 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-06-30 | $329,111 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-06-30 | No |
| Administrative expenses professional fees incurred | 2017-06-30 | $24,634 |
| Was this plan covered by a fidelity bond | 2017-06-30 | Yes |
| Value of fidelity bond cover | 2017-06-30 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-06-30 | No |
| Contributions received from participants | 2017-06-30 | $13,017 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-06-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-06-30 | $4,912 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-06-30 | $40,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-06-30 | $40,000 |
| Administrative expenses (other) incurred | 2017-06-30 | $211,575 |
| Liabilities. Value of operating payables at end of year | 2017-06-30 | $480,856 |
| Liabilities. Value of operating payables at beginning of year | 2017-06-30 | $357,846 |
| Total non interest bearing cash at end of year | 2017-06-30 | $376,506 |
| Total non interest bearing cash at beginning of year | 2017-06-30 | $265,633 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-06-30 | No |
| Value of net income/loss | 2017-06-30 | $33,753 |
| Value of net assets at end of year (total assets less liabilities) | 2017-06-30 | $-30,214 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-06-30 | $-63,967 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-06-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-06-30 | $4,656,169 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-06-30 | No |
| Contributions received in cash from employer | 2017-06-30 | $5,006,016 |
| Employer contributions (assets) at end of year | 2017-06-30 | $114,136 |
| Employer contributions (assets) at beginning of year | 2017-06-30 | $63,334 |
| Contract administrator fees | 2017-06-30 | $92,902 |
| Did the plan have assets held for investment | 2017-06-30 | No |
| 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 | 2017-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-06-30 | Unqualified |
| Accountancy firm name | 2017-06-30 | MILLER KAPLAN ARASE LLP |
| Accountancy firm EIN | 2017-06-30 | 952036255 |
| 2016 : CHARTERSHIELD SCHOOL BENEFITS TRUST 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-06-30 | $397,846 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-06-30 | $67,683 |
| Total income from all sources (including contributions) | 2016-06-30 | $2,703,522 |
| Total of all expenses incurred | 2016-06-30 | $2,767,653 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-06-30 | $2,537,819 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-06-30 | $2,703,522 |
| Value of total assets at end of year | 2016-06-30 | $333,879 |
| Value of total assets at beginning of year | 2016-06-30 | $67,847 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-06-30 | $229,834 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-06-30 | No |
| Administrative expenses professional fees incurred | 2016-06-30 | $210,826 |
| Was this plan covered by a fidelity bond | 2016-06-30 | Yes |
| Value of fidelity bond cover | 2016-06-30 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-06-30 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-06-30 | $4,912 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-06-30 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-06-30 | $40,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-06-30 | $67,090 |
| Administrative expenses (other) incurred | 2016-06-30 | $19,008 |
| Liabilities. Value of operating payables at end of year | 2016-06-30 | $357,846 |
| Liabilities. Value of operating payables at beginning of year | 2016-06-30 | $593 |
| Total non interest bearing cash at end of year | 2016-06-30 | $265,633 |
| Total non interest bearing cash at beginning of year | 2016-06-30 | $67,847 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-06-30 | No |
| Value of net income/loss | 2016-06-30 | $-64,131 |
| Value of net assets at end of year (total assets less liabilities) | 2016-06-30 | $-63,967 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-06-30 | $164 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-06-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-06-30 | $2,537,819 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-06-30 | No |
| Contributions received in cash from employer | 2016-06-30 | $2,703,522 |
| Employer contributions (assets) at end of year | 2016-06-30 | $63,334 |
| Employer contributions (assets) at beginning of year | 2016-06-30 | $0 |
| Did the plan have assets held for investment | 2016-06-30 | No |
| 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 | 2016-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-06-30 | Unqualified |
| Accountancy firm name | 2016-06-30 | MILLER KAPLAN ARASE LLP |
| Accountancy firm EIN | 2016-06-30 | 952036255 |
| 2015 : CHARTERSHIELD SCHOOL BENEFITS TRUST 2015 401k financial data |
|---|
| Total plan liabilities at end of year | 2015-06-30 | $593 |
| Total plan liabilities at beginning of year | 2015-06-30 | $0 |
| Total income from all sources | 2015-06-30 | $3,426 |
| Expenses. Total of all expenses incurred | 2015-06-30 | $3,261 |
| Total plan assets at end of year | 2015-06-30 | $758 |
| Total plan assets at beginning of year | 2015-06-30 | $0 |
| Value of fidelity bond covering the plan | 2015-06-30 | $500,000 |
| Expenses. Other expenses not covered elsewhere | 2015-06-30 | $3,261 |
| Net income (gross income less expenses) | 2015-06-30 | $165 |
| Net plan assets at end of year (total assets less liabilities) | 2015-06-30 | $165 |
| Net plan assets at beginning of year (total assets less liabilities) | 2015-06-30 | $0 |
| Total contributions received or receivable from employer(s) | 2015-06-30 | $3,426 |
