Originally Posted by Dharma

notEnuf, this is a good explanation. But there is a way to transfer even more value to the pilot group. The explanation is connected to my previous explanation to Bob. Here's how...

Take the initial portion of Profit Sharing value, the amount paid out at the 10% level, and convert it to a pay raise. That value then compounds every year we get a pay raise, increasing in value. Retain the amount above the 10% payout to participate in your description above. Do the math. This is a more valuable approach.