Form of Contribution

[Doghouse]

I have a cross tested profit sharing plan, one person per class. For 2009, some of the profit sharing contribution will be made in employer securities, and some will be made in cash.

The employer wants to individually select the ratio of cash to employer securities comprising each person's contribution allocation. So participant A might get all cash, participant B might get all employer securities, and participant C might get half and half.

Obviously the entire contribution for each person will need to satisfy the ctoss-testing requirements, but is there a BRF issue with respect to the allocation between securities and cash?

Dog