FAQ 307: Calculations--Integrated or Permitted Disparity profit sharing allocation

Problem: How do I set up plan specs to allocate an integrated profit sharing contribution of $65,000 for 2020? Integration percent = 5.7

Solution: https://asc-net.wistia.com/medias/h8r3d7hosh Code the following in the Source 2 specs: - Under the "Show Totals Contrb." button, enter 65000 in the Discretionary Amount field - Set the Contribution Allocation Method to 3-On Compensation" - Under the "Show Parameters" button, enter 5.7 in "Pct of Pay" field and CCURRENT in "Excess Compensation Level" field Below is a link to the PDF that explains this allocation method and illustrates the math in the plan as well as how to code. https://csc.asc-net.com/csc/asc_client/download/User%20Documentation/PermittedDisparityIllustration%20fromNov2022ReleaseWebcastHandout.pdf