Question,
Profit Sharing is determined by your 2010 Eligible Earnings multiplied by 6.5%, now how are they defining Eligible Earnings? (Is that before taxes or after taxes)

Not exactly moonlighting as an accountant or anything, but I'm guessing that the Eligible Earnings is before any taxes are taken out.

Then whatever your Profit Sharing comes to, you will see an typical withholding taken out (taxes, ALPA dues, SS, etc., etc.)