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Posted

We are trying to do a checklist for a non-prototype 401(k) profit sharing new comparability plan. Where Corbel's document refers to New Comparability formula. It asks for the disignation of groups: i.e, Group A, Group B, and so on.

Does anyone know what it is that Corbel wants on the Line beside each Group? I am assuming it is the percentage that each group would receive, but not sure if that is right.

Thanks

Marybeth

Posted

You are to fill in the definition of each group...then the basic document simply states that everyone in a particular allocation group will receive a similar percentage of pay each year, the amount to be determined annually...

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