Guest HLIFECraigo Posted September 30, 2003 Posted September 30, 2003 The profit sharing plan in question is written in that forfeitures gerated during the plan year shall be reallocated at the end of the plan year based on the compensation of the eligible employees. I need to account for the reallocation separatly on the system from the profit sharing allocation. The problem is, all eligible employees can share but the amount of the forfeitures is so low lately that some participants actually will receive only a couple of cents. This plays havoc with purchasing shares because sometimes the share price on the investment is so high that I can't purchase any shares-- but that is besides the point. Is there any way or has anyone ever heard of a de minimis amount of forfeitures available that do not have to be reallocated?
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