Maximum Company Match 401k 2024. Employers can only use the first $345,000 of compensation to determine your 401 (k). If your plan provides for matching contributions, you must follow the plan’s match formula.
The 401 (k) contribution limit is $23,000. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.