Post job

This question is about comprehensive benefits packages.

How do you calculate employer 401(k) match?

By Zippia Team - Feb. 1, 2023

An employer 401(k) match is typically a dollar-to-dollar contribution match of up to 6 percent of the employee's salary, or 50 cents on the dollar. For example, if someone's salary is $100,000, they can contribute 6 percent, which is $6,000. The employee contribution to that is 50% of $6,000 which is $3,000. The total would be $9,000.

This is the typical 401(k) contribution that is offered by employers. If for some reason you have a different percentage, calculations are then slightly different. There are many calculators online that help you to calculate your exact contribution when inputting your exact salary and information.

How do you calculate employer 401(k) match?
Ready to start hiring

Choose from 10+ customizable resume templates

Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
jobs
Need to hire?

Jobs near you

Related questions