SE income & 401k

[Monica Barnard]

"Bob" is a sole proprietor with no employees. He is 50+ years old. He has a Solo K plan. His earned income before contributions is $100K. He has already contributed $22000 for 2009, designated as salary deferral.

Just to be sure I'm doing this right, he cannot put any additional employer contribution in because he already exceeds 404 limit.

Does somebody have a simple spreadsheet that would help with calculating maximum deductible for above type situations?

Thanks!

[K2retire]

Deferrals don't count towards 404.