1026.36(d)(1)-3.v.G. Reasonable reliance by individual loan originator on accounting or statement by person paying compensation. An individual loan originator is deemed to comply with its obligations regarding receipt of compensation under § 1026.36(d)(1)(iv)(B)(1) if the individual loan originator relies in good faith on an accounting or a statement provided by the person who determined the individual loan originator's compensation under a non-deferred profits-based compensation plan pursuant to § 1026.36(d)(1)(iv)(B)(1) and where the statement or accounting is provided within a reasonable time period following the person's determination.

Are you all giving a notice/statement to LOs that just lets the person know that their profits-based bonus did not exceed the 10% requirement and how that was calculated, like -
Your 2021 bonus has been tested and does not exceed ten percent (10%) of your total compensation for 2021; therefore is not in violation of Regulation Z guidelines. The calculation used to determine your 10% limit included the income stated in box 5 from your 2021 W2, your 2021 TSB 401(k) employer matching contribution (if applicable), and your 2021 profit-based bonus. This information is for your records only."

Or are you actually providing the numbers to the LO, like -
...
The calculation is as follows:
Your total wages (W-2, Box 5) $90,000.00
Your 401(k) company match (if applicable) $4,000.00
Your profits-based discretionary bonus $8,000.00
Your total compensation for 2021
(Your profits-based discretionary bonus cannot exceed 10% of this total) $102,000.00

or something similar?

Thanks in advance.