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Forums Human Capital Management Lawson S3 HR/Payroll/Benefits

401k Company Match Annual Limit

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Kchan
Basic Member
Posts: 16
Basic Member
5/12/2014 10:49 PM
    Hi!

    We are planning to introduce a new Employer Match Plan for Highly Comp Associates, as follows:

    Set a plan for an Annual Limit - $115,000, where Company matches 4%, and then the excess of $115,000, Company will match 1%.

    I would like to know, if this can be set up and if anyone has done this?

    Thanks!