How do plan compensation and total compensation vary?

Total (gross) compensation is not always the same as plan compensation. Plan compensation is defined in your plan document and may exclude certain compensation such as bonuses, commissions, taxable fringe benefits, and pre-entry compensation. Certain types of excluded compensation may require additional compliance testing, so it is important that we receive both figures. Please review section A.15 of your Adoption Agreement to determine if your plan compensation is different from your total compensation.