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<br /> <br />! j' <br />Funding vehicle 1 Integral Parr Trust j <br /> <br />------.-------l-----..----..-...------.-..----.--.-----~I-.-..-----.- <br />I. I <br />Legal basis I IRS rulIngs, and Treas. Reg. 301.7701-1 <br />l(a)(3) f <br />1--._________ ___.__..._.__________.___1.__.._..__..__.___ <br /> <br />Parricipation I Employer (or Collective Bargaining I, <br />I Unit) chooses: <br />I 1) Mandatory participation <br />I 2) Irrevocable election by member of <br />I covered group <br />- ..----.--------1'-.-.--------. <br /> <br />Types of direct employer I Flat dollar contributions I <br />contributions Percentage of salary contributions ! <br /> <br />--.- -.---..-..-..-t-.------.-...------.-------t----. <br /> <br />Income tax treatment of employer coni Pre-tax I <br />tributions ! I <br /> <br />Types of employee comriburions I . 0 Sick, vacation, and oth~~-:-c~rued leavX-----. <br />(Pre-tax contributions are treated as : on a mandatory formula basis I <br /> <br />employer contributions for tax purposest . 0 Pre-tax mandatory contributions from I <br /> <br />1 compensation I <br /> <br />I .0 Elective irrevocable pre-tax contribu- I <br />I tions from compensation I <br /> <br />II . 0 Elective irrevocable pre-tax contribu- I <br />tions from accrued leave I <br />I <br />.0 Annual prospectively elected I <br />I' I,' <br />contribution of accruing sick, <br />vacation, and/or other leave <br />I <br />I .. Voluntary after-tax contributions <br />I <br />1----. --...---...--.,-.--- <br /> <br />Income tax treatment of employee con-I Pre-tax except for voluntary after-tax I' <br />tributions I contributions <br /> <br />h...n -----..----1-___._______._..__....___._____....._._._.._.__ ___.__.. .. .._. ,___,__._. <br /> <br />FICA treatment of employer and I No FICA (OASDI or Medicare) I <br />employee contributions I payable except that after-tax I <br />i voluntary employee contributions sub-, <br />! ject to FICA I <br /> <br />...--------.. -- . --..-..L..--.-__________.___.___.____l....___._.. <br /> <br />A I 'b" i N I' . 'b' I <br />nllua contn utlon maxImum ! .0 0 tmtt on 'pre-tax contn Uflons I <br />i (employer may impose limit) , <br />! I <br />I' .0 After-tax contributions limited to 2501 <br />of total contributions <br /> <br />--------.--..-----.-..-. ..- ._.____....J._ --.-------_.____.__.____._.._..___..._.______.. ....... _.. .__.n.... <br />, I <br /> <br />Annual contribution minimum i No contribution minimum at I <br />_ ... _ _____ I_P"~:'p~~_o,PlanleVel________I---_-_- <br />