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401k Employer Matching

Former Member
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Hello. My company matches 50% employee contributions up to 5% of 401k wages. The ER matching rules works perfect for EE contributions between 1-5%.

When EEs contribute 6% or more, the rule does not calculate the 50% portion.

Example: 401k wage $2000, 10% EE Contrib Correct result: $50

Current result: $100

Any ideas why this fails and more important how to fix this (Please in detail).

Thank you very much,

Michael

Accepted Solutions (0)

Answers (1)

Answers (1)

Former Member
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Hi Michael,

You would be required to configure the employer contribution rules appropriately to achieve this in the view V_74FF_C.

Please refer to this detailed example at http://help.sap.com/saphelp_erp2005vp/helpdata/en/7f/ac3937408dfa2ee10000009b38f889/frameset.htm

regards

Sharath