exclusion of comp personal and vacation time?

[k man]

is it possible to exclude comp personal and vacation time from the definition of compensation? the plan document makes no specific reference to these types of comp.

[sloble@crowleyfleck.com]

For what purpose are you defining compensation? (i.e., for purposes of making contributions, 415 limits, nondiscrimination testing, etc) Also, what do you mean by "comp personal and vacation time"? are these two separate things? Do you mean paid time off? Finally, how does the Plan define compensation?