Maximum Company Match 401k 2024. If you contribute, say, $23,000 toward your 401 (k) in 2024 and your employer adds $5,000, you’re still within the irs limits. 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.

Employers can only use the first $345,000 of compensation to determine your 401 (k). Those 50 and older can contribute an additional $7,500.