Setup MenuPlan
_______________________________________________________________________________________________________
Use the Non-Qualified tab to define the compensation components used in conjunction with the administration of non-qualified plans only.
How to Access the Non-Qualified Tab
The Plan – Non-Qualified tab displays:
Explanation of Fields
Field Name |
Field Description |
Required / Optional |
Base Compensation |
Select this check box if the total compensation includes base compensation. Typically, this is the original base when calculating a non-qualified profit sharing allocation. |
Optional |
Bonus Compensation |
Select this check box if the total compensation includes bonus compensation. This is a second compensation source that may be added to the base compensation when calculating a non-qualified profit sharing allocation. |
Optional |
Short-Term Incentive |
Select this check box if the total compensation includes a short-term incentive. |
Optional |
Long-Term Incentive |
Select this check box if the total compensation includes a long-term incentive. |
Optional |
Misc Compensation 1 |
Select this check box if the total compensation includes a miscellaneous compensation. |
Optional |
Misc Compensation 2 |
Select this check box if the total compensation includes a second miscellaneous compensation. |
Optional |
Compensation Deferral |
Select this check box if the creditable compensation includes compensation deferral. |
Optional |
Bonus Deferral |
Select this check box if the creditable compensation includes a bonus deferral. |
Optional |
Short-Term Deferral |
Select this check box if the creditable compensation includes a short-term deferral. |
Optional |
Long-Term Deferral |
Select this check box if the creditable compensation includes a long-term deferral. |
Optional |
401(k) Make Whole |
Select this check box if the creditable compensation includes a 401(k) make whole deferral. |
Optional |
Misc. Deferral 1 |
Select this check box if the creditable compensation includes a miscellaneous deferral. |
Optional |
Misc. Deferral 2 |
Select this check box if the creditable compensation includes a second miscellaneous deferral. |
Optional |
Legacy |
|
|
Edison |
|
|