is deferred profit sharing plan pre-tax?
Deferred Profit Sharing Plan --DPSP : A Deferred Profit Sharing Plan (DPSP) is a simple, flexible arrangement whereby a plan sponsor distributes a portion of the company's pre-tax profits. Specified shareholders (i.e., individuals who own, directly or indirectly, more than 10% of company stock) are excluded. Employees do not contribute to the plan.