Use this screen to assign an employee to a maximum of five deferred compensation plan codes. You must assign an employee to a plan code on this screen to have the employee included in reports as a member of a deferred compensation plan. On this screen, you enter plan entrance date information and identify employees who are five percent owners of the company, are in the group of top-10 paid employees at your company, are officers of the company, and/or are members of the highly compensated group. You must identify an employee as a member of the highly compensated group on this screen for reports to classify the employee properly.
Establish deferred compensation plan codes on the Manage Compensation Plans screen.
Complete this screen after establishing the plan codes and completing the Manage Deductions screen, and before generating any of the deferred compensation reports.
Enter, or click 
to select, the employee ID. You must assign an employee to a plan code on this screen for the reports in this module to recognize that the employee belongs to a deferred compensation plan. Plan entrance date information is also required for each plan code entered.
When you specify the employee ID, the employee name displays in the field to the right.
Select this check box to identify this employee as a five percent owner of the company. If you select this check box, Costpoint automatically selects the High Compensation Group Member check box to indicate that this employee belongs to the highly compensated group.
An employee is considered a five percent owner if, at any time during the lookback year or the current plan year, that employee owned or is considered to own:
More than five percent of the value of the outstanding stock of the corporation, or
Stock having more than five percent of the total combined voting power of all stock of the corporation.
If the employer is not a corporation, a five percent owner is an employee who owns more than five percent of the capital, or more than five percent of the interest in profits, of the company.
Select this check box to identify this employee as one of the ten most highly compensated employees in your company.
Select this check box to identify this employee as an officer in the company. If you select this check box, Costpoint does not automatically select the High Compensation Group Member check box.
An employee is considered an officer of the company to the extent that his duties and authority qualify him as such. Titles are not pertinent in determining officer rank; rather, the duties that the employee performs are meaningful.
Select this check box to identify this employee as a member of the highly compensated group in the company. Costpoint selects this check box automatically if you select the 5 Percent Owner check box. You can use the Print Employee Compensation Plan Report screen in Costpoint Compensation to determine who the highly compensated employees are within your company. Deltek recommends that you select this check box for qualifying employees when printing any of the reports in this module.
This field is user-defined.
Use this group box to assign up to five plan codes to each employee. You must provide at least one plan code and related entrance date per employee to classify an employee as participating in a plan.
Enter, or click to select, the alphanumeric deferred compensation plan code for this employee. The description for the deferred compensation plan code displays in the field to the right.
Enter, or click 
to select, the date on which the employee entered the related deferred compensation plan. This is a required field if you entered the Plan code (for the same row). The date format is MM/DD/YYYY.
Use the fields in this table to enter the loans that an employee has made against his deferred compensation plan.
Enter, or click to select, the deduction code that applies to this loan. Costpoint validates the deduction code against the Deductions table and the Deduction Type must be Employee Deferred Comp. Loan. This is a required field.
Enter the loan number. This is a user-defined field. This field is required.
The Loan Number must match the requirements of your Financial Institution. Financial Institutions are system-defined in Costpoint.
Enter, or click to select, the code for the plan that applies to this loan.