Washington 12/05/2016 @ 12:08PM 51,084 views. How Defense Secretary James 'Mad Dog' Mattis Will Remake The Pentagon. President-elect Donald J. Trumpâs disclosure that he will seek to name retired Marine Corps General James N. Mattis as the next Secretary of Defense portends big changes at the Pentagon.
For example, if the company agrees to match 65 percent of employee contributions, divide 65 by 100 to get 0.65. 4. Multiply the matching rate by the smaller of the total contributions made by the employee or the maximum contribution subject to matching to calculate the employer matching contribution. Finishing this example, multiply 0.65 by $4,200 to find the companyâs matching contribution equals $2,730.
Use Company Match Amount to Determine 401k Contribution Amounts. Find out if your company provides any form of matching contributions to your 401k plan. For example, if you contribute 3% of your income to your 401k plan, they may match these contributions $1 for $1.This provides you an instant 100% return on any 401k contributions you make. Many companies will match your contributions up to a certain percentage of your income.ind out if your company provides any form of matching contributions to your 401k plan. For example, if you contribute 3% of your income to your 401k plan, they may match these contributions $1 for $1.