BE - 401K Maximum Requirement For the 401K deduction, employees may only contribute $9,000 or 25% of their annual earnings, which ever is less.

401K Maximum Amount This UserCalc is step one in determining the maximum 401K deduction for an employee by looking at actual and forecasted earnings. Statement Determine the maximum of the 401K deduction each employee, stored in a Statistic (401K Max). Set up IMVR User Variable Pays this Year Numeric 27 401K Max Prc Numeric 25 401K Max Amt Numeric 9000 IMUC Variables Pays Remaining Numeric 0 BW Wage Numeric 0 Total Earnings Numeric 0 Max Perc Numeric 0 IPPC Pay Components 9014 401K Max Amt Statistic attached to Stat 401K Max Amt IDSC Statistic Components 401K Max Amt Replace

UserCalc

Product: PR Type: Calculation

Line CMD OT Operand 1 OPER OT Operand2 OT Operand3 If Goto Else GoTo 00010 LET V PAYS REMAINING SUB $C PAYS THIS YEAR DB PPP.PAY_OF_YEAR 00020 00020 LET V BW WAGE WAGE WB BW 00030 00030 LET V TOTAL EARNINGS MLT V PAYS REMIANING V BW EARNINGS 00040 00040 LET V TOTAL EARNINGS ADD V TOTAL EARNINGS EC GROSS PAY 00050 00050 LET V TOTAL EARNINGS ADD V TOTAL EARNINGS EY GROSS PAY 00100 00100 LET V MAX PERC MLT V TOTAL EARNINGS $C 401K MAX PRC 00200 00200 IF V MAX PERC LT $C 401K MAX AMT 00300 00400 00300 LET PC 9014 RDN V MAX PRC N .01 99999 00400 LET PC 9014 EQ $C 401K MAX AMT 99999 99999 EXIT

Completion After publishing this UserCalc, attach it to the Pay Point prior to the 401K Benefit being executed. 401K Maximum Deduction This UserCalc is step two in determining the maximum 401K deduction for an employee. Statement Determine if the employee deduction for 401K is to be taken fully or if the 401K maximum has been reached. Set up IMUC UserCalc 401K Maximum Amount IMUC Variables Deduction Numeric 0 Total Deduction Numeric 0 Message Char Max Amount Char IPPC Pay Components 3015 401k Deduction

UserCalc Product BE Type Function Return Value Number

Line CMD OT Operand 1 OPER OT Operand2 OT Operand3 If Goto Else GoTo 00010 LET V DEDUCITON EQ $P NUMBER-PARAMETER 00020 00020 LET V TOTAL DEDUCTION ADD PY 3015 V DEDUCTION 00030 00030 LET V MAX AMOUNT CHAR PC 9014 00100 00100 IF PY 3015 GE PC 9014 00110 00200 00110 LET V DEDUCTION EQ N 0 00120 00120 LET V MESSAGE EQ A No 401K taken. EE over max of V MAX AMOUNT 09000 00200 IF V TOTAL DEDUCTION GT PC 9014 00210 99999 00210 LET V DEDUCTION SUB PC 9014 PY 3015 00220 00220 LET V MESSAGE EQ A EE has reached 401K Max Ded of V MAX AMOUNT 00230 00230 LET V MESSAGE EQ V MESSAGE A . 401K Ded. Reduced - PC 3015. 09000 09000 MSG V MESSAGE 99999 99999 RET V DEDUCTION 99999

Completion After publishing this UserCalc attach it to Benefit Component 1010 - Deduction Method. The Benefits Component does not have to be Rule 00 - UserCalc Only. Users may choose the appropriate rule and then by placing the UserCalc in the UserCalc field it will be executed.