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CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameCHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CHARLESTOWNE HOTELS, INC. has sponsored the creation of one or more 401k plans.

Company Name:CHARLESTOWNE HOTELS, INC.
Employer identification number (EIN):570957968
NAIC Classification:721110
NAIC Description:Hotels (except Casino Hotels) and Motels

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01KYLE HUGHEY
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01MARK OWENS
0012011-01-01JACQUELINE L. LANG
0012010-01-01JACQUELINE L. LANG JACQUELINE L. LANG2011-10-17
0012009-01-01JACKIE LANG JACKIE LANG2010-10-15
0012009-01-01JACKIE LANG JACKIE LANG2011-06-07
0012009-01-01JACQUELINE LANG JACQUELINE LANG2011-06-09

Plan Statistics for CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2015: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01368
Total number of active participants reported on line 7a of the Form 55002015-01-01321
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0115
Total of all active and inactive participants2015-01-01336
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01336
Number of participants with account balances2015-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01334
Total number of active participants reported on line 7a of the Form 55002014-01-01330
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-0137
Total of all active and inactive participants2014-01-01368
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01368
Number of participants with account balances2014-01-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01323
Total number of active participants reported on line 7a of the Form 55002013-01-01316
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0118
Total of all active and inactive participants2013-01-01334
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01334
Number of participants with account balances2013-01-01126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01223
Total number of active participants reported on line 7a of the Form 55002012-01-01287
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0136
Total of all active and inactive participants2012-01-01323
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01323
Number of participants with account balances2012-01-01129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-018
2011: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01252
Total number of active participants reported on line 7a of the Form 55002011-01-01192
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0131
Total of all active and inactive participants2011-01-01223
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01223
Number of participants with account balances2011-01-01114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-018
2010: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01194
Total number of active participants reported on line 7a of the Form 55002010-01-01162
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0135
Total of all active and inactive participants2010-01-01197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01197
Number of participants with account balances2010-01-01102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01173
Total number of active participants reported on line 7a of the Form 55002009-01-01144
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0126
Total of all active and inactive participants2009-01-01170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01170
Number of participants with account balances2009-01-01102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2015 : CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$55,250
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$53,649
Total income from all sources (including contributions)2015-12-31$109,751
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$351,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$337,295
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$110,964
Value of total assets at end of year2015-12-31$697,451
Value of total assets at beginning of year2015-12-31$937,253
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$13,859
Total interest from all sources2015-12-31$40
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$27,112
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$27,112
Administrative expenses professional fees incurred2015-12-31$13,859
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$90,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$110,964
Participant contributions at end of year2015-12-31$2,770
Participant contributions at beginning of year2015-12-31$2,994
Participant contributions at end of year2015-12-31$7,058
Participant contributions at beginning of year2015-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$34,623
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Liabilities. Value of operating payables at end of year2015-12-31$975
Liabilities. Value of operating payables at beginning of year2015-12-31$3,622
Total non interest bearing cash at end of year2015-12-31$20,627
Total non interest bearing cash at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-241,403
Value of net assets at end of year (total assets less liabilities)2015-12-31$642,201
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$883,604
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$637,675
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$886,734
Interest on participant loans2015-12-31$40
Value of interest in common/collective trusts at end of year2015-12-31$29,321
Value of interest in common/collective trusts at beginning of year2015-12-31$37,465
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$8,075
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$8,075
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-28,365
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Employer contributions (assets) at end of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$1,985
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$337,295
Liabilities. Value of benefit claims payable at end of year2015-12-31$19,652
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$50,027
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31HUBBARD DAVIS, CPAS, LLP
Accountancy firm EIN2015-12-31271780668
2014 : CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$53,649
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$28,720
Total income from all sources (including contributions)2014-12-31$178,217
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$176,811
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$160,264
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$119,100
Value of total assets at end of year2014-12-31$937,253
Value of total assets at beginning of year2014-12-31$910,918
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$16,547
Total interest from all sources2014-12-31$581
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$25,044
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$25,044
Administrative expenses professional fees incurred2014-12-31$16,547
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$90,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$119,100
Participant contributions at end of year2014-12-31$2,994
Participant contributions at beginning of year2014-12-31$4,913
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$9,624
Liabilities. Value of operating payables at end of year2014-12-31$3,622
Liabilities. Value of operating payables at beginning of year2014-12-31$0
Total non interest bearing cash at end of year2014-12-31$0
Total non interest bearing cash at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,406
Value of net assets at end of year (total assets less liabilities)2014-12-31$883,604
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$882,198
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$886,734
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$859,777
Interest on participant loans2014-12-31$581
Value of interest in common/collective trusts at end of year2014-12-31$37,465
Value of interest in common/collective trusts at beginning of year2014-12-31$34,473
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$8,075
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$146
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$146
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$33,492
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31Yes
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Employer contributions (assets) at end of year2014-12-31$1,985
Employer contributions (assets) at beginning of year2014-12-31$1,985
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$160,264
Liabilities. Value of benefit claims payable at end of year2014-12-31$50,027
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$28,720
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31HUBBARD DAVIS, CPAS, LLP
Accountancy firm EIN2014-12-31271780668
2013 : CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$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$0
Total income from all sources (including contributions)2013-12-31$253,451
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$84,880
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$80,985
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$132,207
Value of total assets at end of year2013-12-31$871,072
Value of total assets at beginning of year2013-12-31$702,501
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$3,895
Total interest from all sources2013-12-31$31
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$10,271
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$10,271
Administrative expenses professional fees incurred2013-12-31$3,895
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$132,207
Participant contributions at end of year2013-12-31$6,793
Participant contributions at beginning of year2013-12-31$9,029
Participant contributions at end of year2013-12-31$9,355
Participant contributions at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$168,571
Value of net assets at end of year (total assets less liabilities)2013-12-31$871,072
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$702,501
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$820,305
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$26,203
Value of interest in pooled separate accounts at end of year2013-12-31$0
Value of interest in pooled separate accounts at beginning of year2013-12-31$631,330
Interest on participant loans2013-12-31$31
Value of interest in common/collective trusts at end of year2013-12-31$34,473
Value of interest in common/collective trusts at beginning of year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$146
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$33,954
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$110,942
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$1,985
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$80,985
Liabilities. Value of benefit claims payable at end of year2013-12-31$28,720
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$15,600
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31HUBBARD DAVIS, CPAS, LLP
Accountancy firm EIN2013-12-31271780668
2012 : CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
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$200,936
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$141,935
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$136,738
Expenses. Certain deemed distributions of participant loans2012-12-31$2,201
Value of total corrective distributions2012-12-31$2,918
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$129,369
Value of total assets at end of year2012-12-31$702,501
Value of total assets at beginning of year2012-12-31$643,500
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,996
Total interest from all sources2012-12-31$671
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$600
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$129,369
Participant contributions at end of year2012-12-31$9,029
Participant contributions at beginning of year2012-12-31$26,354
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$59,001
Value of net assets at end of year (total assets less liabilities)2012-12-31$702,501
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$643,500
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31Yes
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2012-12-31$2,201
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$26,203
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$26,203
Value of interest in pooled separate accounts at end of year2012-12-31$631,330
Value of interest in pooled separate accounts at beginning of year2012-12-31$588,958
Interest on participant loans2012-12-31$671
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$33,954
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$3,705
Net investment gain/loss from pooled separate accounts2012-12-31$70,896
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Employer contributions (assets) at end of year2012-12-31$1,985
Employer contributions (assets) at beginning of year2012-12-31$1,985
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$136,738
Contract administrator fees2012-12-31$2,996
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31ELLIOTT DAVIS, LLC
Accountancy firm EIN2012-12-31570381582
2011 : CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$3,165
Total income from all sources (including contributions)2011-12-31$106,093
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$217,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$215,790
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$127,496
Value of total assets at end of year2011-12-31$643,500
Value of total assets at beginning of year2011-12-31$758,176
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$1,814
Total interest from all sources2011-12-31$480
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$664
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$664
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$127,496
Participant contributions at end of year2011-12-31$26,354
Participant contributions at beginning of year2011-12-31$19,827
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$3,974
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$3,165
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-111,511
Value of net assets at end of year (total assets less liabilities)2011-12-31$643,500
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$755,011
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$26,203
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$242,729
Value of interest in pooled separate accounts at end of year2011-12-31$588,958
Value of interest in pooled separate accounts at beginning of year2011-12-31$489,661
Interest on participant loans2011-12-31$480
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$5,045
Net investment gain/loss from pooled separate accounts2011-12-31$-27,592
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Employer contributions (assets) at end of year2011-12-31$1,985
Employer contributions (assets) at beginning of year2011-12-31$1,985
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$215,790
Contract administrator fees2011-12-31$1,814
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31ELLIOTT DAVIS, LLC
Accountancy firm EIN2011-12-31570381582
2010 : CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$3,165
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Expenses. Interest paid2010-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022010-12-31$0
Total income from all sources (including contributions)2010-12-31$176,468
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$70,548
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$65,767
Expenses. Certain deemed distributions of participant loans2010-12-31$0
Value of total corrective distributions2010-12-31$3,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$99,875
Value of total assets at end of year2010-12-31$758,176
Value of total assets at beginning of year2010-12-31$649,091
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,616
Total interest from all sources2010-12-31$551
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$2,309
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$2,309
Administrative expenses professional fees incurred2010-12-31$0
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$99,875
Participant contributions at end of year2010-12-31$19,827
Participant contributions at beginning of year2010-12-31$10,036
Participant contributions at end of year2010-12-31$3,974
Participant contributions at beginning of year2010-12-31$3,381
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$3,165
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Income. Non cash contributions2010-12-31$0
Value of net income/loss2010-12-31$105,920
Value of net assets at end of year (total assets less liabilities)2010-12-31$755,011
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$649,091
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$242,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$250,076
Value of interest in pooled separate accounts at end of year2010-12-31$489,661
Value of interest in pooled separate accounts at beginning of year2010-12-31$304,892
Interest on participant loans2010-12-31$551
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$27,555
Net investment gain/loss from pooled separate accounts2010-12-31$46,178
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$0
Employer contributions (assets) at end of year2010-12-31$1,985
Employer contributions (assets) at beginning of year2010-12-31$80,706
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$65,767
Contract administrator fees2010-12-31$1,616
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31ELLIOTT DAVIS, LLC
Accountancy firm EIN2010-12-31570381582

Form 5500 Responses for CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN

2015: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
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 funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: CHARLESTOWN MANAGEMENT HOTELS, INC. 401(K) PROFIT SHARING PLAN 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 funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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