Cornerstone Healthcare Group Holding, Inc. 401(k) Plan (terminated 2023): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2023, when $45.7 million was transferred out of the plan. Assets moved to the SCIONHEALTH 401(K) PLAN (sponsored by KNIGHT HEALTH HOLDINGS LLC D/B/A SCIONHEALTH). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Cornerstone Healthcare Group Holding, Inc. 401(k) Plan Facts (plan year 2023)

Plan name
CORNERSTONE 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CORNERSTONE HEALTHCARE GROUP HOLDING, INC.
Participants
3,584
Former employees with a balance
0
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2023 – Jul 31, 2023
Plan established
Aug 1, 2005
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Jul 31, 2023), filed Aug 19, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $1.73 million went into the plan in contributions.
  • $8.07 million was paid out to participants.
  • Investment and other income added $4.37 million.

How the Cornerstone Healthcare Group Holding, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20183,512$32.0 million—$4.18 million
20193,914$40.3 million$122,454$4.16 million
20204,449$48.8 million$652,357$4.45 million
20214,736$56.6 million$783,838$5.73 million
20224,733$47.8 million$892,934$6.99 million
2023 (final)3,584$0—$8.07 million

Cornerstone Healthcare Group Holding, Inc. 401(k) Contact Information

Phone
469-621-6701
Mailing address
2200 ROSS AVE STE 5400, DALLAS TX 75201
Plan sponsor
CORNERSTONE HEALTHCARE GROUP HOLDING, INC.
Employer identification number (EIN)
20-2967059
Plan number
001

Questions about the Cornerstone Healthcare Group Holding, Inc. 401(k)

Is the Cornerstone Healthcare Group Holding, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the SCIONHEALTH 401(K) PLAN.

Does Cornerstone Healthcare Group Holding, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Cornerstone Healthcare Group Holding, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cornerstone Healthcare Group Holding, Inc 401(k) plan?

3,584 participants at the start of plan year 2023.

Who manages the Cornerstone Healthcare Group Holding, Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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