Cinquains are five-line poems in three basic patterns created originally by Adelaide Crapsey (1878-1914) based on the Japanese 17-syllable Haiku.She did not originate the five-line poem, but instead altered it for starkness associated with the Haiku.Crapsey wrote 28 of them.dentification. The cinquains follow one of the following formats. The first is that each line has successively more words except the fifth. The first line has one word, the second two, the third three, the fourth four and the fifth back to one.
A profit sharing plan is a defined contribution plan in which the employer is granted responsibility for determining when and how much the company contributes to the plan. The amount allocated is usually based on the employeeâs salary level or level within the organization. Unlike a 401(k) plan, a profit sharing plan does not allow employees to make contributions. The plan only accepts contributions from the employer. Companies aren't required to contribute a set amount; instead, the amount is based on their discretion.
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.