A profit sharing plan operates much the same as a money purchase pension plan; however, the amount of the contribution is not fixed. It is determined annually by the Company and may range from zero to a maximum of 25% of all eligible compensation. It is not necessary to have profit in order to make a profit sharing contribution. A separate account is maintained for each participant and investment gain or loss is allocated in ratio to account balances as it is in a money purchase plan. The participant's benefit is the total amount of his vested account balance attributable to contributions, forfeitures and investment earnings. If a participant leaves before his account is fully vested, the non vested amount is forfeited and allocated among the remaining participants. Annual allocations to a participant's account from contributions and forfeitures cannot exceed the lesser of 100% of compensation or the maximum dollar amount specified by law which is $51,000 for 2013.