This excerpt taken from the STI 10-K filed Mar 1, 2005.
In order to participate in the 401 (k) Excess Plan, you must make an irrevocable election to contribute the maximum to the qualified plan ($14,000 in 2005). This election can be any percentage from 1 - 20% as long as the result is maximum contributions to the qualified plan. Contributions are not directed to the Excess Plan until the $14,000 limit is reached.
% to the Qualified Plan
% to the Excess Plan
After 12/31/04, these elections become irrevocable for 2005.