401k Contribution Limits 2024 Employer Match Fund.  — employers can make matching and nonmatching contributions to a 401 (k) plan on behalf of employees, even if the worker has already maxed out the account. Employer matches don’t count toward this limit and can be quite generous.

 — employee and employer match 401(k) contribution limits for 2024. However, there is a limit that applies to total contributions, meaning the sum of the employee portion and employer match.