Top Heavy Minimum and funding of PY PS in not top heavy plan year

[legort69]

A plan is NOT top heavy 2009 but funds a pro rata profit share in 2010 for 2009.

The plan IS to heavy for 2010 as of 12/31/09.

Is there any way to include the 2009 ps that was funded in Jan 2010 as an offset employer contribution when determining the 2010 top heavy profit share due?

Assume no 415 limit issue.

Thank you for your input.

[ETA Consulting LLC]

Is there any way to include the 2009 ps that was funded in Jan 2010 as an offset employer contribution when determining the 2010 top heavy profit share due?

Assume no 415 limit issue.

Thank you for your input.

No. When you allocate to 2010, it will be based on Compensation received in 2010. You've already allocated for 2009, where the allocation was based on Compensation received in 2009.

Good Luck!

[BG5150]

I think you would also have a deduction issue. The money already in the plan was probably deducted for 2009.