Limits on Benefits and Contributions

Plan Year
2012 2011 2010 2009
Compensation Maximum: $250,000 $245,000 $245,000 $245,000
Limits on Benefits & Contributions
Defined contribution plans: $50,000 $49,000 $49,000 $49,000
Defined benefit plans: $200,000 $195,000 $195,000 $195,000
401(k) elective deferrals: $17,000 $16,500 $16,500 $16,500
401(k) catch-up deferrals: $5,500 $5,500 $5,500 $5,500
"Highly Compensated" definition: $115,000 $110,000 $110,000 $110,000
"Key Employee" definition:
Officer: $165,000 $160,000 $160,000 $160,000
1% Owner: $150,000 $150,000 $150,000 $150,000
10 Largest Owners: n/a n/a n/a n/a
Social Security
taxable wage base:		 $110,100 $106,800 $106,800 $106,800