Qualified Plans C D Rembrandt's Dog Toy Emporium Employee Age Length of Service Years in Plan Ownership Current Balance 20% Employee Deferral 10%% 5% 3% David 62 Amanda 57 Jesus 32 Clio 22 NIK 19 Steve 17 10 Betty 38 11 Tobie 43 12 Stanley 22 13 'Tobie is an officer of the company 14 "Stanley is David's son 15 Follows a standard elgibilley requirement 16 15 ys 13 yos 9 yrs 6 mos 2 yos ly 3 mos 11 yos 3 yos 10 yos 8 yrs sys not yet participating not yet participating not yet participating not yet participating 7 yos not yet participating 0% 0% 0% 0% 0% OX Covered Compensation $290,000 $200,000 $150,00 $80,000 $76,000 $21,000 $30,000 $360,000 $55,000 $201.000 $232,600 $175,000 50 $0 $0 83% 6% $1,200,000 50 25 1. What type of Qualified Plan is Rembrandt's? Be very specific!!!! 2. True False. Rembrandt's is a non-contributory plan. False it is a nonqualified plan. 3. Who are the eligible employees? How do you know? 1. Qualified Plans E 1 Rembrandt's Dog Toy Emporium 2 Years in Plan Length of Service Current Balance Ownership Employee Deferral 10XX SX 3% 20% 0% 10 yrs Bys % Employee Ago 2 David 62 5 Amanda 57 G Jesus 32 7 dio 22 8 Nille 19 9 Steve 17 10 Betty 38 11 Tobie 43 12 Stanley 22 13 'Tobie is an officer of the company 14 "Stanley is Davidsson 13 Follows a standard elpibility requirement 15 15 yrs 13 yos gym 6 mos Zys lyr 3 mos 11 ya 3 yos 5 yos not yet participating not yet participating not yet participating not yet participating 7 yos not yet participating SSSSSSSS Covered Compensation $290,000 $200,000 $150,00 $80,000 $75,000 $21,000 $30,000 $360,000 $55.000 $201.000 $232,600 $175,000 50 50 $0 50 $1,200,000 50 6 S88 SR 83% 1. What type of Qualified Plan is Rembrandt's? Be very specific!!!! 2. True False. Rembrandt's is a non-contributory plan.. 3. Who are the eligible employees? How do you know? Qualified Plans C D Rembrandt's Dog Toy Emporium Employee Age Length of Service Years in Plan Ownership Current Balance 20% Employee Deferral 10%% 5% 3% David 62 Amanda 57 Jesus 32 Clio 22 NIK 19 Steve 17 10 Betty 38 11 Tobie 43 12 Stanley 22 13 'Tobie is an officer of the company 14 "Stanley is David's son 15 Follows a standard elgibilley requirement 16 15 ys 13 yos 9 yrs 6 mos 2 yos ly 3 mos 11 yos 3 yos 10 yos 8 yrs sys not yet participating not yet participating not yet participating not yet participating 7 yos not yet participating 0% 0% 0% 0% 0% OX Covered Compensation $290,000 $200,000 $150,00 $80,000 $76,000 $21,000 $30,000 $360,000 $55,000 $201.000 $232,600 $175,000 50 $0 $0 83% 6% $1,200,000 50 25 1. What type of Qualified Plan is Rembrandt's? Be very specific!!!! 2. True False. Rembrandt's is a non-contributory plan. False it is a nonqualified plan. 3. Who are the eligible employees? How do you know? 1. Qualified Plans E 1 Rembrandt's Dog Toy Emporium 2 Years in Plan Length of Service Current Balance Ownership Employee Deferral 10XX SX 3% 20% 0% 10 yrs Bys % Employee Ago 2 David 62 5 Amanda 57 G Jesus 32 7 dio 22 8 Nille 19 9 Steve 17 10 Betty 38 11 Tobie 43 12 Stanley 22 13 'Tobie is an officer of the company 14 "Stanley is Davidsson 13 Follows a standard elpibility requirement 15 15 yrs 13 yos gym 6 mos Zys lyr 3 mos 11 ya 3 yos 5 yos not yet participating not yet participating not yet participating not yet participating 7 yos not yet participating SSSSSSSS Covered Compensation $290,000 $200,000 $150,00 $80,000 $75,000 $21,000 $30,000 $360,000 $55.000 $201.000 $232,600 $175,000 50 50 $0 50 $1,200,000 50 6 S88 SR 83% 1. What type of Qualified Plan is Rembrandt's? Be very specific!!!! 2. True False. Rembrandt's is a non-contributory plan.. 3. Who are the eligible employees? How do you know
