401(k) Employer Match Calculator

Annual Salary:
Contribution Type (choose one):
Monthly Contribution Percentage: %
Monthly Contribution Amount:
Employer’s Match Percentage: %
Employer’s Match Cap: %

Instructions on 401(k) Employer Match Calculator

Employer 401(k) matching typically involves the following criteria:

Match percentage of the compensation or salary: commonly set at a percentage such as 6% for each contribution period. It’s crucial to note that this percentage applies per pay/compensation period, not for the entire annual compensation or salary.
Match cap: typically a specified percentage, for instance, up to 6% of the compensation or salary. Again, this is for each period.
Match percentage of the contribution: this represents the percentage of the contribution, once again, on a per-period basis. Examples include 50% or 100% of the contribution.