Compensation ?

[Guest penman]

I have been asked to run a DB proposal for the following situation:

Husband and wife partners in an LLC. Husband K-1 at 200K, wife K-1 at 50K. No employees.

Husband also receives other consulting income, directors fees, and non-qualified stock options that his CPA has been showing as "Other Income" on line 21 of the 1040.

My question: Can the "Other Income" be used for pension purposes and how? Is it necessary to start another business to accept those various sources of other income and have both companies adopt the plan? Is it possible to use the "Other Income based on how they report it now (I don't see how but I am not sure). Any other thoughts?

Let's just say for this discussion that all of the sources of income can be used for comp per 3401(a). In other words, none of it is rent from rental properties, etc.

Any help or input is appreciated.