Maximum Company Match 401k 2024. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For the tax year 2024, the maximum amount that an employee can contribute to their 401(k) retirement plan is $23,000.

However, your company can only match you up to 5% of $345,000, the maximum employee compensation limit for 2024. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.