404(a)(7) Limit For Different Plan/Fiscal Years

[Guest merlin]

DB PY = 9/30/03-9/29/04

PS PY = 10/1/03-9/30/04

Sponsor's FY = 1/1/04-12/31/04

What comp limit applies? I think the 404a7 limit should be calc'd on 205000, but the benefits and contributions should be calc'd on 200000. Anyone agree? Disagree?