Employers that set up money purchase plans must declare a set contribution level each year in the plan document, based on employeesâ salaries. Companies can contribute up to 25% of the total annual compensation of all plan participants, up to 100% of each participantâs salary or $54,000 (in 2017, up from $53,000 in 2016), whichever is less.
Eelgrass is a submerged aquatic vegetation (plant) Despite all of their differences, algae and plants can often appear deceptively similar. So, next time youâre on the beach and you come across what appears to be a plant, take a second glance because it may in fact be algae.
There are thousands of seaweed types but these can be classified into three broad categories - red algae, green algae and brown algae. The colors are not definitive. Red algae may be red, pink or even purple in color. Green algae is green. But brown algae may be brown, very dark green or black.