Sentences with phrase «non-elective contributions to the plan»

Employers offering a 401 (k) plan may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit - sharing feature to the plan.

Employers offering a 401 (k) plan may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit - sharing feature to the plan.

Not exact matches

If this is the type of plan you have, then employer contributions are dollar - for - dollar matching, up to 3 percent of pay, or a non-elective contribution of 2 percent of pay for each eligible employee.

Box 12 code G — Elective deferrals and employer contributions (including non-elective deferrals) to a section 457 (b) deferred compensation plan

○ G (Elective deferrals and employer contributions (including non-elective deferrals) to a section 457 (b) deferred compensation plan)