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Urban LLC sponsors a profit - sharing plan that requires employees to complete one year of service and be 2 1 years old before entering
Urban LLC sponsors a profitsharing plan that requires employees to complete one year of service and be years old before entering the plan. The plan also excludes all commissioned salespeople and all other allowable exclusions allowed under the IRC. John works as the lead foreman in the company factory. Jack is and has been with the company for years and is covered under a collective bargaining agreement. Both should be included.
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