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Giant Company sponsors a profit sharing plan that provides for a base contribution percent up to the Social Security wage base. In addition, it provides

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Giant Company sponsors a profit sharing plan that provides for a base contribution percent up to the Social Security wage base. In addition, it provides for an excess percentage that meets permitted disparity rules and overall qualified plan limitations. This year the company provided a base contribution percent of 14.3%. What is the maximum excess percentage? A. 5.7% B. 7.15% 20.00% D. 25.00%

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