VCG Consultants - Annual Benefit Plan Limits

ANNUAL BENEFIT PLAN LIMITS – 2011

Employee Benefit Plans
401(k) elective deferral dollar limit	$16,500¹
403(b) elective deferral dollar limit	$16,500²
Defined benefit plans – maximum annual benefit	$195,000
Defined contribution plans – maximum annual addition	$49,000
Annual compensation limit	$245,000
457 eligible plan maximum deferral limit	$16,500³
Highly compensated employee (HCE)	$110,000⁴
SIMPLE retirement accounts – maximum elective deferrals	$11,500
¹An additional elective deferral (catch-up contribution) of $5,500 may be permitted for participants age 50 and older. ²The following additional elective deferrals may be permitted – lifetime catch-up (as much as an additional $3,000) and age 50+ catch-up (an additional $5,500). ³Certain catch-up contributions (up to $16,500) may be permitted. ⁴An employee with compensation exceeding $110,000 in 2010 will be considered an HCE in 2011.

Health Savings Accounts (HSAs)
Minimum deductible to be a qualified high deductible health plan:
• Self-only Coverage	$1,200
• Family Coverage	$2,400
Maximum Annual HSA contribution (excluding catch-up contribution):
• Self-only Coverage	$3,050
• Family Coverage	$6,150
Annual catch-up contribution for individuals age 55 or older	$1,000 per person
Out-of-Pocket Maximums:
• Self-only Coverage	$5,950
• Family Coverage	$11,900