Originally Posted by Denny Crane

The change in profit sharing levels begins with every dime you make starting 1/1/2016. In other words, on 1/1/2016 the threshold for 10% is $1 to $6 billion and the 20% starts at over $6 billion. Our current year (2015) would be the last year for 20% starting a $2.5 billion.

Denny

Oops, just re read your post and yes I think you are right. Disregard the above.