401k company contributions
The Plan has a discretionary employer match feature — this means the company will contribute funds into your 401(k) account, but only if you do as well.
In the 2023 plan year, the company will match 100% of the first 3% of your eligible compensation that you contribute to the Plan, plus 50% of the next 2%** that you contribute. To get the maximum benefit from the match feature, you should defer at least 5% of your pay. The 2023 matching contributions, if you remain eligible, will be paid into your account in March 2024. Learn more.