Step (semi-tone)- the smallest interval in western music; when two keys are immediately adjacent to each other regardless of color.
What is a 'Profit-Sharing Plan' A profit-sharing plan, also known as a deferred profit-sharing plan or DPSP, is a plan that gives employees a share in the profits of a company. Under this type of plan, an employee receives a percentage of a company's profits based on its quarterly or annual earnings.
The contribution does not impact the amount you can put into you 401k. The profit sharing contribution is a separate amount that is based on discretionary amounts the employer wants to put in the plan for the benefit of all the fulltime employees. It is allocated based on a percentage of salary. So you are fortunate.