Ishaan is a Hindu name of Sanskrit origin and one of the names given to the deity Shiva (the Supreme Being within one of the major branches of Hinduism).lthough Ishaan is an ultra-popular name in the ultra-populated country of India, it is an extremely rare one here in the United States.
Safe Harbor Profit Sharing Formula. With the non-elective, profit sharing contribution, the safe harbor is met by the employer making a required profit sharing contribution to a defined contribution plan on behalf of each non-highly compensated employee eligible to participate in the plan. The contribution amount must be equal to at least three percent of the employeeâs compensation.
EA, CFPÂ®, AIFÂ®, MBA. Profit sharing plans are a type of retirement plan. In a profit sharing plan, your employer contributes some of his/her money towards your retirement. Often times, profit sharing plans are linked with 401(k) plans. Unlike a Pension plan, profit sharing plan contributions are not mandatory, but must be substantial and recurring.