Profit Sharing Check
 

Any idea why my profit-sharing check this year is approximately 1/2 of what it was last year? I don't feel as though I worked only half as much…

Profit sharing was 15.1% last year and 14% this year. Without a lot more information it’s hard to tell. Did you change withholding, what were your actual earnings, did you change your 401k contribution ect... My check was slightly higher but my earnings were more offsetting the cut.
I do know someone who called Delta to complain about the big cut in his profit sharing to be calmly told he was looking at the 15 Feb check not 14 Feb.

No changes to the above and it was definitely Feb 14 check. Is there a way to confirm correctness?

Hahaha that's perfect



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Last year I coughs have bought 3/4 of a Silverado. This year gets me less than half

I think that's a joke....right?

Were you out on LTD at any point last year?
Does your 401k account show a huge deposit a few days ago?

Pull your 31 Dec pay check. Add the flight advance and flight pay yearly totals together. 14% of that should be your PS. You might have to pull the flt pay number off your 15 dec check.

Will do when I get home. Thanks. And I wasn't kidding about the Silverado.

I thought it was a joke because the statement was so broad that it didn't mean anything.

Have pickup trucks increased in price?

Did you change your 401k allocation percentage from last year?

Did you contribute more to an HSA compared to last year?

Did you perhaps turn 50 and were eligible for "catch up" 401k contributions?

All these and many more need to be taken into account when figuring out why your actual deposited amount was what it was.