401(k) contributions: Because of the limited participation of rank-and-file employees in the 401(k) plan, the executives are limited to an annual pretax contribution
of $4,500 to the plan (the 2012 IRS limit on employee pretax contributions
As a result of the revenue and gross profit factors noted, AMREP Southwest's pretax contribution
decreased from income of $3,873,000 and $19,312,000 in the third quarter and first nine months of 2008 to a loss of $930,000 in the third quarter and income of $3,122,000 for the first nine months of 2009.
Over time, the impact of this additional rate of return--coupled with the pretax contribution
allowance--can be substantial.
Fortunately, Weber's employer allows for ``catch-up contributions,'' a pretax contribution
that exceeds the limit on 401(k) plans.
The maximum pretax contribution
dollar amount is set by law and adjusted for inflation annually.
As a result of the above factors, the pretax contribution
from Kable was a loss of $2,558,000, or a loss net of tax of $0.
This year the government allows a maximum pretax contribution
of $9,500 to 401(k) plans.
The pretax contribution
from the Government Contracts segment will be approximately $90 million to $100 million in 2012, down from approximately $180 million in 2011.
For the 1997 second quarter, Harris Regional Banking pretax contribution
4 million related to divested HR BPO operations and a pretax contribution
Colder weather and higher base rates increased the utility operations pretax contribution
to $65,500,000 in 1996 from $44,300,000 in 1995, Greenberg said.
Without adjusting for the effects of preopening expenditures, the Hard Rock Hotel/Casino provided Harveys with a pretax contribution