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.
Contribution types and limits are the same as those for a 401(k) profit sharing plan, with a âsafe harborâ exception. To qualify for the exception, the employer must make a 100% vested contribution of either: 3% of compensation for each eligible employee or. A matching contribution of up to 4% of compensation.