LLC member and maximum percentage funding

[Guest mulrenan]

Is 25% the max funding (including employee/employer match)for LLC members that also have guaranteed payments. The LLC members are really like GP's in a P'ship. If the LLC loss for 99 is eg ($100,000) that includes a 300,000 guar. pymt expense is the income (100,000)plus 300,000 or 200,000 profit for 401k purposes? Assume 2 LLC members each now with 100,000 profit can they dump 25% or 25,000 (10,000 and 10,000 match)maximum? Any advice is greatly appreciated. Thanks in advance.

[Earl]

guaranteed paymemts are earned income. Seems to me the gross guarantee payment.