National Pensions - CPA Oriented


Senior Pension Consultants

Plan Comparison Chart

Company XYZ
Plan Development Comparison Plan Year 2010
Contribution Allocations Under Different Types of Plans

Plan Year Beginning October 1, 2010 - Employer Contributions
  Key Group Non-Key Group
Pension Plan Contribution 337,842 0
Companion 401(k)/ProfitShare Contribution   23,808
Total Contribution 337,842 23,808

Key Group Comparison

Employee Name Compensation 401(k) Employee Deferral Employer Match Integrated Profit Sharing New Comparability Traditional Defined Benefit Fully Guaranteed Plan Combined Plan
Owner 1 Spouse 16,500 16,500 1,535 2,588 2,883 1,411 7,828 7,828
Owner 2 Spouse 16,500 16,500 1,535 2,589 3,875 3,984 12,385 12,385
Owner 1 230,000 16,500 30,500 46,000 46,000 58,190 207,690 207,690
Owner 2 230,000 16,500 30,500 46,000 46,000 22,070 109,940 109,940
  493,000 66,000 64,070 97,177 98,758 85,665 337,843 337,843
                 
Employee 1 67,600 3,370 6,692 11,289 14,602 7,504 36,774 5,070
Employee 2 47,840 2,392 4,736 7,989 4,401 1,770 13,395 3,588
Employee 3 31,250 1,563 3,094 5,219 7,813 6,750 24,313 2,344
Employee 4 90,000 4,500 8,910 15,030 11,700 5,130 32,490 6,750
Employee 5 70,750 4,038 7,994 13,485 10,498 4,603 29,151 6,056
Employee 6 (Highly Comp) 130,000 6,500 16,005 21,710 32,500 29,370 74,230 Highly Comp
Employee 7 (Hired 2009) 56,160 2,708 5,560 9,379 14,040 18,196 36,560 Not Eligible in 2009
Employee 8 (Hired 2009) 31,250 1,563 3,094 5,219 7,813 6,000 23,156 Not Eligible in 2009
Employee 9 (Hired 2009) 95,000 4,750 9,451 15,865 16,435 7,885 42,655 Not Eligible in 2009
  629,850 31,494 65,536 105,185 119,700 87,217 312,724 23,708
  1,120,850 93,494 129,606 202,361 218,558 172,881 650,566 361,551
      49% 48% 45% 50% 52% 93%
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