EXAMPLE: TOP-HEAVY DC PLAN
01.Core Concepts
• Tate's compensation = $70,000 (not a Key Employee) • The Plan is a top-heavy DC Plan • Key employees' average contribution = 4.3% • What is the minimum funding for Tate?
Warren AI
• Tate's compensation = $70,000 (not a Key Employee) • The Plan is a top-heavy DC Plan • Key employees' average contribution = 4.3% • What is the minimum funding for Tate?