415 limit for 2 DC Plans

[KJohnson]

Check your Plan for the defintion of "Limitation Year" That is the period used to judge your 415 limitations. Hopefully they are the same even if your Plan Years are different.

If they are not the same, I believe that the employer generally makes a written resolution of which Limiation Year is controlling.

[Guest Jane Freeman]

An employer sponsors a 401(k) plan with a plan anniversary of 12/31 and a separate profit sharing plan with a plan anniversary of 8/31. The employer's fiscal year is 9/30. What period of compensation is taken into account for the 415 test? I am assuming that only 1 415 test must be done but for what period? Any help that can be provided will be greatly appreciated.